Activists Bet On Single-Stock Funds To Target Large Cos.
Law360, New York (October 16, 2013, 3:17 PM EDT) -- Activist investors are increasingly turning to single-stock and special-purpose vehicles to dig deeper into companies with large market capitalizations, propelling a trend that experts say amplifies the potential risks and rewards for activists and their backers alike.
The push for alternative investment vehicles comes as activists set their collective sights on bigger fish, an evolution in the activist game that has taken a firm hold over the past year. But building up a significant position in a company with a large market cap is costly, often beyond the limitations set for how much any one activist fund can allocate to a...
Stay ahead of the curve
In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.
Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
Create custom alerts for specific article and case topics and so much more!