Rough Day for Shareholder Activist: Tim Barakett Leaving Atticus Capital

August 11th, 2009
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Contributed by: Teri Buhl
In a letter to investors today, Tim Barakett of activist hedge fund manager Atticus Capital announced that he was leaving the firm and winding down his Atticus Global Fund. Mr. Barakett claims he is leaving to spend time with his family, but according to an article by Teri Buhl, it’s likely that fighting over investment strategies with partner David Slager is the real reason.

According to the article, Mr. Slager will remain with the firm and continue to manage his Atticus European Fund. To see the complete article on hf-implode.com, please click Was Barakett pushed out of Atticus Capital?

Mr. Barakett founded Atticus Capital in 1995. For more information on the firm, please see its “Detailed Investor Profile” below. To see HedgeTracker’s Complete Hedge Fund Directory, click here.

For Detailed Investor Profiles on these Investors, click below:
Atticus Capital
Related People: David Slager; Nathaniel Rothschild; Timothy Barakett*
Related Entities: Attara Capital LP; Atticus Capital Partners; Atticus European Fund; Atticus Global*; Atticus Trading Fund*
Related Article Tags: Multi-Strategy, Long Short, Equity, Debt and Global Macro Hedge Fund News; Hedge Fund Launches and Hedge Fund Closings; Hedge Fund Resources and Featured Partner News


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