Activist MMI Shutting Down

Jan 23 2012 | 3:07pm ET

MMI Investments is liquidating its hedge fund and closing its doors.

Jerome Lande and Clay Lifflander, founders of the New York-based activist shop, have decided to end their partnership, Reuters reports. The split is reportedly amicable.

MMI has all but stopped investing in recent weeks and in November abruptly ended its activist campaign against communications equipment manufacturer Comtech Telecommunications.

MMI has been liquidating its portfolio for several weeks, according to Reuters.


In Depth

Q&A: Rotation Capital's Rothfleisch On SPAC 2.0

Aug 11 2017 | 7:43pm ET

Corporate actions have long been a staple of event-driven investors, but activity...

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

Star Mountain: Private Lending in the Lower Middle-Market

Aug 14 2017 | 4:45pm ET

Private credit has become one of the most popular alternative asset classes in recent...

 

From the current issue of