Monday, 30 November 2015
Last updated 2 days ago
Dec 19 2013 | 2:35am ET
Carl Icahn's former protégé and a Goldman Sachs veteran have joined forces to force change at an energy infrastructure company.
Corvex Management, headed by former Icahn partner Keith Meister, and Soroban Capital Partners, founded by former Goldman trader Eric Mandelblatt, have taken a combined 9% stake in Williams Cos. The hedge funds have demanded that Williams immediately add both Meister and Mandelblatt to its board of directors.
Corvex and Soroban criticized Williams, saying mistakes had weighed on the company's value. The hedge funds did say they had held productive talks with the company.
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…