Activists Take In $7.2 Billion In First Nine Months Of '13

Jan 28 2014 | 2:13am ET

Activist hedge funds brought in twice as much in the first three-quarters of last year as they did in the same period a year earlier.

Activist firms raised $7.2 billion from investors in the first nine months of 2013, according to The Podium.

"It is very clear that no company is immune," Laurel Hill Advisory Group said. "Witness the investment in Microsoft, the interest in Apple, the events at Hess and at the Canadian Pacific Railway. Therefore, it is clear companies need to prepare themselves in the event they attract the attention of an activist."


In Depth

Q&A: Decathlon Capital On Revenue-Based Alternative Lending

Oct 30 2017 | 3:49pm ET

The explosion in private credit activity since the end of the financial crisis is...

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

Saxby: Not All EBITDA Is Created Equal

Nov 30 2017 | 8:02pm ET

Record levels of dry powder are driving competition among private equity firms to...