Activist Investor

Elliott Investment Management outlined measures to improve Phillips 66’s performance and restoring trust with investors, including a plan to shake-up its board.

TCI Fund Management, Sir Chris Hohn’s $60 billion activist firm, has become the latest hedge fund manager to launch in the Middle East with the opening of new office in Abu Dhabi.

Fir Tree Partners reached an agreement with activist hedge fund Grayscale Bitcoin Trust over a lawsuit alleging conflicts of interest at the crypto investment vehicle; however, the manager remains concerned over GBTC’s structure and the unavailability of investor redemptions.

Jana Partners has taken legal action against Freshpet after the pet food company -- in which the activist hedge fund holds a 9.5% stake -- altered the size and composition of its board, a move the investor believes breaches the ...

Activist hedge fund Jana Partners said it may take court action against pet food company Freshpet to stop what it believes is a violation of fiduciary duties.

Chatham Asset Management is urging Rayonier Advanced Materials (RYAM) to actively address its looming debt maturities, calling for a more proactive approach from the board in finding a refinancing solution. Credit and leveraged loan-focused hedge fund Chatham is the largest ...

New York-based activist short-selling hedge fund Spruce Point Capital Management has launched a fresh salvo against global payment technology company Nuvei, indicating it was a creditor in the FTX bankruptcy.

Elliott Management, Paul Singer’s high-profile activist hedge fund, is dropping plans to nominate directors to Salesforce’s board after the digital CRM services giant generated stronger earnings and a sustained share price rise during Q1.

Third Point Management, Dan Loeb’s $13 billion event-driven activist hedge fund, plans to launch a proxy battle for Bath & Body Works.

Paul Singer’s Elliott Management has joined the bidding process for Manchester United, with a funding proposal that could see its current owners maintain control of the English soccer club. The high-profile U.S. activist hedge fund’s London office lodged its plan ...