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

Steinbrugge: Top 10 Hedge Fund Industry Trends for 2017

Jan 3 2017 | 9:03pm ET

Each year, Agecroft Partners' Don Steinbrugge predicts the top hedge fund industry...

Lifestyle

'Tis the Season: Wall Street Holiday Parties Back In Fashion

Dec 22 2016 | 9:23pm ET

Spending on Wall Street holiday parties has largely returned to pre-2008 levels...

Guest Contributor

DarcMatter: The Top Trends in Alternative Investments for 2017

Jan 13 2017 | 8:22pm ET

The $7 trillion alternative investments industry is poised for continued growth...

 

From the current issue of

The U.S. Commodity Futures Trading Commission (CFTC) ordered The Goldman Sachs Group Inc., and Goldman, Sachs & Co. to pay a $120 million penalty for attempted manipulation and false reporting of ISDAFIX Benchmark Rates, a global benchmark for interest rate products.