Tuesday, 28 April 2015
Last updated 1 hour ago
Feb 5 2008 | 12:16pm ET
Long-time activist investor Guy Wyser-Pratt and Knight Vinke Asset Management co-founder Patrick Dewez are planning a $1 billion hedge fund to target underperforming European companies.
The move by Wyser-Pratt, who manages some US$500 million from New York, is taking aim at some markets that are distinctly unfriendly towards shareholder activism.
“There’s a socio-political agenda,” he told the Financial Times. “I see that the two remaining communist countries in Europe are not in the east, they are Germany and France.”
The new fund will be managed from a new European office by both Wyser-Pratt and Dewez, who last year quit as CEO of Knight Vinke.
Mar 20 2015 | 12:45pm ET
StreetWise Partners, a non-profit organization that works with low-income individuals to help them overcome employment barriers, raised over $275,000 at the 2015 Raising the Ante Charity Poker Tournament and Casino Event last Wednesday evening at Capitale. Here are some photos from the event. Read more…