Goldstein, Icahn Busiest Hedge Fund Activists

Jul 21 2008 | 9:03am ET

Phillip Goldstein and Carl Icahn were the busiest activist investors during a busy period for activist hedge funds, according to a new report.

Goldstein’s Bulldog Investors and Icahn Associates were each involved in six activist campaigns in the U.S. during the first half of the year, according to FactSet SharkWatch, which studies shareholder activism. They were closely followed by Steel Partners, which was involved in five activist campaigns.

All told, there were 262 activist campaigns in the first half, with hedge funds participating in 120. FactSet SharkWatch defines an activist campaign as one that includes public agitation for change.

Last year’s top hedge fun activist was Ramius Capital Group with 10. Both Bulldog and Icahn were in the top five of 2007.


In Depth

Q&A: TCA Fund Management's Bob Press on Small-Cap Private Equity

Aug 25 2016 | 8:55pm ET

The emergence of private credit as a replacement for traditional bank financing...

Lifestyle

Kiawah: Island Reversal

Aug 24 2016 | 9:59pm ET

Looking for real estate investments but the typical real estate fare isn’t cutting...

Guest Contributor

Old Hill Partners: Embrace Illiquidity

Aug 9 2016 | 2:39pm ET

The age-old financial concept that higher yields are the result of higher risk and...