News and analysis about the investment styles of activist hedge fund managers
The SEC may soon move to require activist hedge fund managers to disclose more quickly the stakes they take in companies whose management they are trying to shake up. Good for companies, bad for activists. Check out my article here at MarketWatch.
As the portfolio manager of an $80 mm activist FoF at Russell, I am naturally very interested in the subject of hedge fund activism. I just wanted to say that I devoured your book this weekend, and think that you did a fantastic job covering the important issues. And you gave me some good new investment ideas to pursue for our clients!
Sincerely, Paul Carter.
Paul G. Carter, CFA Russell Investments 909 A Street Tacoma, WA
Ronald Orol spoke about Washington's response to the financial crisis to particpants at IMN's Third Annual Middle Atlantic State Public Employee Retirement Systems Forum on Oct. 28 in Chantilly, Virginia.
Ronald Orol was a keynote interviewer at IMN's 2nd Annual Hedge Fund Activism and Shareholder Value Summit on Sept. 22.
Orol interviewed Bruce J. Richards
President & CEO, MARATHON ASSET MANAGEMENT and Beth Ann Bovino, Senior Economist, STANDARD & POOR'S as part of an economic outlook panel entitled, "Getting Through the Storm."
Orol also participated on a panel that discussed trends in activist investing. Other members of the panel included Mark Schwarz, Founder & General Partner, NEWCASTLE CAPITAL MANAGEMENT LP; Clifford Press, Managing Member, OLIVER PRESS PARTNERS LLC; Barry Cronin, Managing Director, TAYLOR INVESTMENT ADVISORS and Dennis Johnson, Managing Director, SHAMROCK ACTIVIST VALUE FUND, L.P.
Ronald Orol participated in a 2 pm May 7th podcast hosted by Broc Romanek on Deallawyers about activist hedge fund managers. Other participants included Prof. Randall Thomas, Christopher Young, Damien Park, and Veronica Rendon. So far roughly 425 took in the webcast live - and another 50 have listened to the archive of it.
Ronald Orol spoke April 16 to law students at Georgetown University about activist hedge funds. SEC corporate finance deputy director Brian Breheny and ex corpfin M&A director Dennis Garris, co-teach the class.
Ronald Orol is scheduled to moderate a panel of activist hedge fund managers for an event hosted by Hedgeconnection on Dec. 10. Panelists include Phillip Goldstein of BullDog Investors, Donna Anderson of T. Rowe Price and Jim Mitarotonda of Barington.
Ronald Orol spoke to MBA students at Georgetown University about activist hedge funds on Jan. 30.
Ronald Orol participated in a panel discussion at Riskmetrics 2008 U.S. Governance Conference on Feb. 6 in New York
Ronald Orol discussed his new book and signed copeis at Reiters bookstore in Washington D.C. on Feb. 7.
INTERVIEWS:
Ronald Orol was interviewed by Wendy Kaufman for NPR's show All Things Considered on July 21 about activist investors and Carl Icahn.
Ronald Orol was interviewed by Julie Hoffman of Corporate Counsel about his book, activist investors using swaps and SEC disclsoure rules on deallawyers.com;
Ronald Orol was interviewed By Connect2Canada in a podcast about his book and activist investors in the U.S. and Canada.
Ronald Orol was interviewed by BBC World television on May 14 about Carl Icahn contemplating a proxy contest at Yahoo! Inc.
Also on May 14, Brock Romanek interviewed Orol on Deallawyers about activist hedge funds and sovereign wealth funds, the investment arms of governments mostly located in Asia and the Gulf, launching insurgencies together.
Ronald Orol was interviewed on April 8 about Carl Icahn and his activist campaign at Motorola Inc. for an article in Business Week by Olga Kharif.
Ronald Orol was interviewed on Feb. 7 about Extreme Value Hedging by Karen M. Sughrue, producer at CBS News 60 Minutes, for a documentary the news organization was putting together on raider-turned-activist Carl Icahn.
Ronald Orol was interviewed about Extreme Value Hedging by Boyd Erman on the Business News Network TV program, Stars and Dogs
Orol also discussed his book and activist hedge fund investing with Joe Kernen of CNBC TV's Squakbox program and BBC World TV's Business News segment.
Ronald Orol was interviewed about private placements by Matthew Passy for WallStreetJournal radio on Feb. 14.
Ronald Orol was interviewed about an activist investor targeting department store chain Dillard's Inc. on March 3 in the Little Rock, Ark.-based newspaper, Arkansas Business.
Ronald Orol was interviewed by Brent Clanton on BizRadio in Houston, Dallas/ Fort Worth BizRadio 1320-AM Houston, 1360-AM Dallas/Fort Worth on Nov. 30, 2007
