Wednesday, 1 October 2014
Last updated 6 hours ago
Dec 3 2010 | 8:22am ET
David Makula’s Oak Street Capital Management of Chicago has raised $5.2 million for the Oak Street Capital SPV 1 hedge fund, according to regulatory filings.
The fund has a minimum contribution of $100,000.
Makula made headlines earlier this year as one of a group of activist investors attempting to change more than the menu at Denny’s Corporation. Oak Street Capital, Macquarie Futures and Dash Acquisitions, owners of about 7.1% in Denny’s outstanding shares, declared their dissatisfaction with Denny's management and direction and mounted a proxy fight to replace three Denny’s board members. The attempt failed, but soon after, Denny’s CEO Nelson Marchioli left the company.
Makula has more than 10 years’ experience in investment banking and asset management.
Sep 22 2014 | 4:15pm ET
"I tell people that everybody likes good news and so if you have good performance that’s wonderful,” explains Mike McKitish of Peddie School's endowment, “but it’s the people that want to talk about the bad news or where they drifted and how they came back and how they stayed to their discipline…” that he wants to hear from. Read more…
Sep 30 2014 | 9:29am ET
The crisp Autumnal days of October are upon us, and so are a few of the hedge fund industry’s favorite charitable events. If you have never been to Rocktoberfest, well, you are missing out. And for a quieter evening of sipping and socializing, stop by HFC’s Wine Soiree. Read more…
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