Wednesday, 2 December 2015
Last updated 6 hours ago
Jan 23 2012 | 2:07pm 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.
Oct 21 2015 | 10:41am ET
One of the most unique charity benefits in the hedge fund industry, A Leg To Stand On's (ALTSO's) Hedge Fund Rocktoberfest - NYC, raised nearly $500,000 last Thursday thanks to the generous support of major sponsors and nearly 1,400 attendees from the Tri-State finance, business and hedge fund communities. Read more…