Category Archives: Activist Funds

Whistleblower Earns $3.5 Million Award for Bolstering Ongoing Investigation

(HedgeCo.Net) The Securities and Exchange Commission today announced a whistleblower award of more than $3.5 million to a company employee whose tip bolstered an ongoing investigation with additional evidence of wrongdoing that strengthened the SEC’s case. The SEC noted that […]

Hedge Funds and their Role in Investment Portfolios: View Live Web Streaming Conference

Over 400 investment professionals from 34-different countries are currently on line viewing today’s “Idea Generating Conference” via web streaming. HedgeCoVest and Investopedia are sponsoring the one day “Idea Generating Conference” to hear from hedge fund managers about their strategies, best […]

Google Chairman Invests In Hedge Fund D. E. Shaw

New York, HedgeCo.Net – Google chairman Eric Schmidt, has bought a 20% equity share in the D. E. Shaw group, a global hedge fund investment and technology development firm with more than $36 billion in aggregate investment capital. “I’ve always […]

Activist Hedge Funds: H Partners Wins Mattress Wars

New York (Hedgeco.Net) – The world’s largest bedding provider, Tempur Sealy, has acquiesced to pressure from Rehan Jaffer’s hedge fund, to remove Mark Sarvary as the Company’s President and CEO. Tempur Sealy also appointed one of Jaffer’s senior partners, Usman […]

Activists Disrupt New York Hedge Fund Conference

New York (HedgeCo.Net) – A group called the Hedge Clippers turned up uninvited at the Active-Passive Investor Summit yesterday, where over 300 activist investors, institutional investors, hedge funds, board directors, CEOs and lawyers were gathered for a day of networking. […]

Activist Hedge Fund Tackles Yahoo

New York (HedgeCo.Net) – New York-based activist hedge fund Starboard Value LP has sent a letter to Yahoo CEO Marissa Mayer and Yahoo’s Board of Directors. The hedge fund has an estimated $1 billion in assets and was founded by Jeffrey Smith […]

Hedge Fund Investor NextEra Energy Plans To Acquire And Phase Out Florida Power Plant

New York (HedgeCo.Net) – NextEra Energy subsidiary, Florida Power & Light Company, (FPL) has filed a petition with the Florida Public Service Commission (PSC) to request approval to acquire the Cedar Bay Generating Plant, a 250-megawatt coal-fired facility located in […]

GM Agrees To Hedge Fund Activist’s $5 Billion Buy-back Plan

New York (HedgeCo.Net) – General Motors today agreed to a $5 billion share repurchase plan put forward by Harry Wilson, a former member of Obama’s Auto Industry Task Force. As part of the deal, Wilson agreed to give up his […]

Activist Hedge Fund Wants New Chairman For Ciber Board Of Directors

New York (HedgeCo.Net) – Lone Star Value Management, a $2.7 million shareholder of Ciber Inc., has delivered a formal notice to IT consulting firm Ciber of its intention to nominate three director candidates for election to the board at the […]

Man Reports $72.9 Billion In Funds Under Management For 2013

New York (HedgeCo.Net) – Hedge fund giant Man Group plc today announced the results for the financial year ending 31 December 2014. Funds under management (FUM) are reported up 35% to $72.9 billion (31 December 2013: $54.1 billion.) “2014 marked […]

Sandell Hedge Fund Sends Activist Letter To TransCanada

New York (HedgeCo.Net) – Activist hedge fund Sandell Asset Management is taking on oil giant TransCanada, requesting a spinoff of its energy sector and urging the company to take advantage of a low tax paying affiliate. “Although we are excited […]

Activist Hedge Fund Files Against Kabel Deutschland

New York (HedgeCo.Net) – One of Paul Singer’s activist hedge funds, Elliott Associates, L.P., has filed a lawsuit against Kabel Deutschland Holding AG and Vodafone, the WSJ reports. Elliott, which has a 13.5% stake in Kabel Deutschland (KDG) via the […]