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United Kingdom

Svea Herbst-Bayliss

AT&T, Elliott in talks after activist campaign launched - sources

18 Oct 2019

NEW YORK AT&T and Elliott Management are talking about issues the activist hedge fund raised last month when it pushed for change at the U.S. telecommunications and media conglomerate, two people familiar with the matter said on Thursday.

Hedge fund D.E. Shaw raises pressure on Emerson, calls for breakup

15 Oct 2019

Hedge fund D.E. Shaw on Tuesday increased the pressure on Emerson Electric Co by publicly urging a breakup of the U.S. industrial conglomerate, a move it says could unlock more than $20 billion worth of shareholder value.

Pension and hedge funds push U.S. SEC to reconsider proxy adviser guidance

15 Oct 2019

NEW YORK, Oct 15 Some of the world's biggest pension funds and a prominent hedge fund are urging the U.S. Securities and Exchange Commission (SEC) to reconsider recent guidance they say will raise costs, hurt investors and cut participation in corporate voting.

U.S. pension funds took positions in blacklisted Chinese surveillance company

15 Oct 2019

BOSTON Some of the biggest public pensions funds in the United States have invested in one of the world's largest purveyors of video surveillance systems that the U.S. government claims are used in wide-scale repression of the Muslim population of western China.

Amag settles with activist Caligan, adds two board directors

08 Oct 2019

Amag Pharmaceuticals Inc , whose shares have tumbled more than 45% in the past year, on Tuesday agreed to add two directors proposed by Caligan Partners after the hedge fund pressured the drugmaker to conduct a strategic business review.

Proxy solicitor Okapi hires Harnett from Strategic Governance Advisors

04 Oct 2019

NEW YORK Okapi Partners, a proxy solicitor that has long worked for activist hedge funds Elliott Management and Starboard Value, is hiring a senior executive from an advisory firm to help expand its business with corporate clients, three people familiar with the matter said this week.

New Glass Lewis chief to expand abroad amid U.S. regulatory clamp-down

04 Oct 2019

Glass Lewis & Co is planning to grow its business abroad in the face of newly introduced curbs by the U.S. Securities and Exchange Commission (SEC), the proxy advisory firm's new executive chairman Kevin Cameron told Reuters in an interview.

MOVES-FTI Consulting hires ISS executive for governance and activism team

02 Oct 2019

BOSTON, Oct 2 FTI Consulting Inc hired a corporate governance analyst from proxy advisor Institutional Shareholder Services (ISS) for its unit that advises clients on hot button issues from climate change to executive pay, the company said on Wednesday.

Private equity can still find 'diamonds in the rough': Apollo exec

19 Sep 2019

NEW YORK Private equity billionaire Joshua Harris thinks there are still plenty of undervalued companies to improve and profit from, especially away from the public markets.

Private equity can still find 'diamonds in the rough' - Apollo exec

19 Sep 2019

NEW YORK, Sept 19 Private equity billionaire Joshua Harris thinks there are still plenty of undervalued companies to improve and profit from, especially away from the public markets.

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