Thomas Sandell‘s New York-based firm Sandell Asset Management has officially launched its new activist hedge fund. The Castlerigg Active Investment Fund began operating in August with $100 million. Sandell hopes to eventually raise about $2 billion for.
Co.’s SUG.N biggest shareholder Sandell Asset Management Corp. said it again urged the utility company’s board to consider sale of the company. Sandell also announced that its affiliate Castlerigg Master Investments Ltd. notified Southern Union of.
The fund approved a $35 million allocation to Sandell Asset Management’s Castlerigg Partners, an event-driven hedge fund, to be funded from fixed-income; $25 million to Onex Partners III, a p.e. fund investing in mid-market buyouts, to be funded from.
SANDELL ASSET MANAGEMENT CORP., CASTLERIGG MASTER INVESTMENTS LTD., CASTLERIGG INTERNATIONAL LIMITED, CASTLERIGG INTERNATIONAL HOLDINGS LIMITED, CASTLERIGG OFFSHORE HOLDINGS, LTD., AND THOMAS E. SANDELL (COLLECTIVELY, THE "PARTICIPANTS") INTEND TO FILE.
Specifically, we have publicly identified the SE segment of our business as an area of intense management focus and are working in a methodical and responsible way to improve its financial performance, while preserving the value of the assets . Further .
Trian, controlled by Nelson Peltz in conjunction with Peter May and Edward Garden, is operating in conjunction with Sandell Asset Management and Castlerigg International, funds controlled by Thomas Sandell. As the filing states, the total investment of.
The Securities and Exchange Commission is set to bring charges against major New York hedge fund Sandell Asset Management and several of its ... The legal ills occur as Sandell's flagship Castlerigg portfolios are up between 14.24% and 16.58% so far.
is preparing to invest for smaller investors. Sandell Asset Management Corp. is setting up the Castlerigg Equity Event and Arbitrage Fund, a mutual fund that will invest in companies undergoing “extraordinary events” including mergers, takeover bids.
New York (September 28, 2015) - Sandell Asset Management Corp. (“Sandell”), a large shareholder of Ethan Allen Interiors Inc. (“Ethan Allen” or the ... Sandell Asset Management Corp., Castlerigg Master Investments Ltd., Castlerigg International.
Sandell Asset Management Corp., Castlerigg Master Investments Ltd., Castlerigg International Limited, Castlerigg International Holdings Limited, Castlerigg Offshore Holdings, Ltd., Castlerigg Active Investment Fund, Ltd., Castlerigg Active Investment.
It said Mr. Sandell was based in New York and runs Sandell Asset Management, which owns a hedge fund called Castlerigg. Go to Article from Reuters.