Bill Ackman was running late for the conference. The private jet carrying the billion-dollar New York activist investor to Canada was in a queue at the Toronto airport. No matter. The hundreds of Bay Street businesspeople and reporters who crowded into the main conference room at the Toronto Board of Trade in mid October were almost…
How activist hedge funds ‘on steroids’ have become a boardroom enemy
Gates Capital Management Reduces Risk After Rare Down Year [Exclusive]
Gates Capital Management's ECF Value Funds have a fantastic track record. The funds (full-name Excess Cash Flow Value Funds), which invest in an event-driven equity and credit strategy, have produced a 12.6% annualised return over the past 26 years. The funds added 7.7% overall in the second half of 2022, outperforming the 3.4% return for Read More