9. Hedge Funds' Activism: A New Trend of Convergence toward Private Equity in Public Firms?

  1. Douglas Cumming
  1. Stefano Gatti1 and
  2. Chiara Battistini2

Published Online: 13 DEC 2011

DOI: 10.1002/9781118267011.ch9

Private Equity: Fund Types, Risks and Returns, and Regulation

Private Equity: Fund Types, Risks and Returns, and Regulation

How to Cite

Cumming, D. (2010) Hedge Funds' Activism: A New Trend of Convergence toward Private Equity in Public Firms?, in Private Equity: Fund Types, Risks and Returns, and Regulation, John Wiley & Sons, Inc., Hoboken, NJ, USA. doi: 10.1002/9781118267011.ch9

Author Information

  1. 1

    Associate Professor of Banking and Finance, Università Commerciale Luigi Bocconi, Department of Finance

  2. 2

    Analyst, Consumer, Healthcare and Retail M&A Advisory Team, J.P. Morgan, London

Publication History

  1. Published Online: 13 DEC 2011
  2. Published Print: 25 JAN 2010

ISBN Information

Print ISBN: 9780470499153

Online ISBN: 9781118267011

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Keywords:

  • hedge funds;
  • global financial markets;
  • investment strategies;
  • united states;
  • stock prices

Summary

This chapter contains sections titled:

  • Introduction

  • Hedge Funds and Private Equity: Market Data and Trends toward Convergence

  • Hedge Funds' Approach to Activism

  • Features of Targeted Companies

  • How Hedge Funds Engage a Fight against Incumbent Management

  • Clinical Study of Carl Icahn versus Time Warner, Inc.

  • Conclusion

  • Notes

  • Reference Web Sites

  • About the Authors