Extreme Value Hedging – How Activist Hedge Fund Managers Are Taking on the World
How Activist Hedge Fund Managers Are Taking on the World
Paperback Engels 2009 9780470450246Samenvatting
Activist hedge fund managers represent a small part of the $1.5 trillion hedge fund industry, but their approach is causing a stir among traditional managers and the investment community because they are shaking up the corporate establishment and making money for their investors. These types of managers are here to stay and Extreme Value Hedging tells the story of their rise to power in the U.S. and how they are spreading their influential gospel around the globe to places like China, Ukraine, South Korea and Sweden. Author Ronald D. Orol has a unique understanding of this world and through this book he shares his unparalleled insights in an easy to comprehend manner. He discusses everything from activist investor efforts to breakup the clubby insider world of corporate boardrooms to their deal–making or breaking pressure tactics and courtroom battles. Orol skillfully makes his case for each subject by offering revelations and examples from insiders like Ralph Whitworth, (Relational Investors), Guy Wyser–Pratte, (Wyser–Pratte Management), Mark Schwarz, (Newcastle Capital Group LLC), Robert Chapman (Chapman Capital), Phillip Goldstein (Opportunity Partners), Jeffrey Ubben (ValueAct Capital), Jeffrey M. Solomon (Ramius Capital Group LLC), Michael Van Biema (Van Biema Value Partners), Eric Rosenfeld (Crescendo Partners), Lars Förberg (Cevian Capital) and Emanuel Pearlman (Liberation Investment Group), among many, many others.
Specificaties
Lezersrecensies
Inhoudsopgave
<p>Acknowledgments xvii</p>
<p>Introduction xxi</p>
<p>Part One: From Raiders to Activists and Everything in Between 1</p>
<p>Chapter 1: Growth of Activism and Why Corporate Raiders Aren t Around Anymore 3</p>
<p>Chapter 2: Nuts and Bolts: How Activists Became Who They Are Today 25</p>
<p>Chapter 3: The Pack: How Activists Are Working Together (But Not Offi cially) 53</p>
<p>Chapter 4: How Activists Use Litigation to Pursue Their Agenda 75</p>
<p>Chapter 5: Why Activists Target Certain Corporations and Leave Others Alone 89</p>
<p>Chapter 6: Overperked and Overpaid: The Impact of Activists on Executive Compensation 103</p>
<p>Chapter 7: Hedge Specialization: Good or Bad? 117</p>
<p>Chapter 8: Regulation and Activists: How the Securities and Exchange Commission Helps (or Hurts) Activists 135</p>
<p>Part Two: Institutional Investors and Activists 155</p>
<p>Chapter 9: Institutional Investors on Activist Hedge Funds: Love′em or Hate′em? 157</p>
<p>Chapter 10: Activists Taking on Large Corporations Must Have Institutional Support 163</p>
<p>Chapter 11: Institutions and Activist Hedge Funds: Breaking Up Deals Together Around the World 173</p>
<p>Chapter 12: Just Vote No and No and No Again 181</p>
<p>Chapter 13: Institutions Changing Corporate Bylaws so Activist Hedge Funds Can Get Down to Business 191</p>
<p>Chapter 14: Can t Be Them? Then Fund Them 201</p>
<p>Chapter 15: Institutions Behaving Like Activist Hedge Fund Managers 209</p>
<p>Part Three: Activism 2.0 217</p>
<p>Chapter 16: Technology, Communications, and Activists: Gary Lutin, Eric Jackson, and Anne Faulk 219</p>
<p>Chapter 17: When Is an Activist Fund Really a Private Equity Fund, and What s the Difference? 231</p>
<p>Chapter 18: Funds of Hedge Funds Stake Out Activists 247</p>
<p>Chapter 19: Distressed Investing: How Activist Managers Buy Debt and Provoke Companies 263</p>
<p>Chapter 20: Hedge Activists in Western Europe, Asia, and Canada 271</p>
<p>Chapter 21: East Meets West: Hedge Activism Goes Global to Emerging Markets 299</p>
<p>Chapter 22: Value Investing versus Activism: Which One Is Better? 319</p>
<p>Conclusion: Saturation or No Saturation? 333</p>
<p>Notes 339</p>
<p>About the Author 361</p>
<p>Index 363</p>
Anderen die dit kochten, kochten ook
-
Mieke Pigeaud-Wijdeveld€ 37,50 -
Tom Berkhout€ 97,95
-
Gerard van Santen€ 150,50
-
Richard Brealey€ 94,01
-
Victor Macrae€ 74,14
-
Ben Hattink€ 35,95
Rubrieken
- advisering
- algemeen management
- coaching en trainen
- communicatie en media
- economie
- financieel management
- inkoop en logistiek
- internet en social media
- it-management / ict
- juridisch
- leiderschap
- marketing
- mens en maatschappij
- non-profit
- ondernemen
- organisatiekunde
- personal finance
- personeelsmanagement
- persoonlijke effectiviteit
- projectmanagement
- psychologie
- reclame en verkoop
- strategisch management
- verandermanagement
- werk en loopbaan