BOSTON/NEW YORK Activist investor Paul Hilal's Mantle Ridge LP has bought nearly 10% of Aramark's common stock to push for changes at the U.S. food services company, a regulatory filing showed on Friday.
BOSTON/NEW YORK, Aug 16 Activist investor Paul
Hilal's Mantle Ridge LP bought nearly 10% of U.S. food services
company Aramark's common stock and while it plans to
push for changes, the fund is stopping short of making an
outright bid for the company, a regulatory filing showed.
BOSTON Billionaire investor William Ackman, whose portfolio has gained almost 50% this year, said his fund can keep delivering "high, long-term" returns, and he expects that a newly disclosed stake in Berkshire Hathaway Inc will help boost gains.
BOSTON Billionaire U.S. investor William Ackman has long described how Warren Buffett, often called the greatest stock picker ever, has influenced his career. Now he's paying the Oracle of Omaha the ultimate homage with a new investment in Buffett's Berkshire Hathaway .
BOSTON Hedge fund Third Point LLC said on Tuesday that it recently cut its investment in United Technologies Corp , becoming the second activist hedge fund to sell shares after the company announced a merger with Raytheon Co. that the funds said they would not support.
BOSTON Goldman Sachs on Monday named a new head of its activism defense group after the partner leading it left the investment bank to work for hedge fund Elliott Management.
BOSTON Elliott Management, one of the world's busiest activist investors, has hired a Goldman Sachs Group Inc partner as its head of corporate engagement as the hedge fund continues to push companies around the globe to perform better.
BOSTON Hedge fund Hoplite Capital is returning money to outside clients after a period of sluggish returns, the firm's founder, John Lykouretzos, told investors in a letter on Wednesday.
BOSTON, Aug 7 Hedge fund Hoplite Capital is
returning money to outside clients after a period of sluggish
returns, the firm's founder, John Lykouretzos, told investors in
a letter on Wednesday.