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The key man in the still unfolding Microsoft-Yahoo pas de deux is not Steve Ballmer, not Jerry Yang, or even Eric Schmidt. It's investor activist Carl Icahn. The New York Times notes that while he... Read more...
Activist hedge funds have been hit hard by the slowdown in the private equity industry. November in fact was nothing short of a debacle. The Financial Times notes the event-driven sector had dropped... Read more...
Activist hedge funds have fared decently over the past few years. So why not a fund of activist funds? Geneva Partners launched such a fund this month with $50 million in assets. Most will go to the... Read more...
So do activist hedge funds really create value? Well, as the saying goes, give your economists a spreadsheet and they can pretty much prove anything. So the record is mixed. Activist themselves can... Read more...
There was a day when Carl Icahn and his ilk were derided as greenmailers. Fortune puts it eloquently: "The rap on Icahn has been that he's a fast-buck artist who uses a limited bag of... Read more...