Chicago-based Oak Street Capital Raises $5M for New Hedge Fund

Dec 3 2010 | 9:22am 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.


In Depth

Q&A: Old Hill's Stone On Private Debt, P2P And Credit Bubbles

Jun 6 2017 | 7:52pm ET

While institutional capital continues to flow into the broader private debt sector...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

Steinbrugge: Asia-Focused Hedge Funds Offer Great Opportunities

Jun 23 2017 | 3:33pm ET

Emerging market strategies have outperformed their developed-market peers for five...

 
Error

From the current issue of