Friday, 26 December 2014
Last updated 1 day 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.
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.