|With returns that outpace the industry averages, activist hedge funds are multiplying faster than previous years, as new entrants hope to replicate the recent successes of activist investors, Bill Ackman, Dan Loeb, and the like. According to the New York Post, 28 activist hedge funds were launched in 2013, more than a 100% increase over the 12 that started the prior year. |
The superior performance of activist hedge funds, led by industry giants such as Daniel Loeb’s Third Point (up 25 percent) and Carl Icahn (31 percent), have inspired other notable hedge fund managers, such as Bill Ackman colleague, Scott Ferguson, who recently started Sachem Head with $1 billion of capital. New activist hedge fund, Anandar Capital is also attracting investors with its strategy to hedge any of its concentrated investments.
|Hedge Fund Lists|