Toscafund Trims Aberdeen Stake

April 10th, 2009
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In a regulatory filing yesterday, activist hedge fund Toscafund revealed that it had trimmed its position in Aberdeen Asset Management to 23.21% of shares out.

Toscafund is Aberdeen’s largest shareholder and has engaged in regular discussions with management over the past year. Toscafund first invested in Aberdeen in March of 2008. In June of 2008, Toscafund’s position peaked at 25.49% of shares out.
See Filing
For Detailed Investor Profiles on these Investors, click below:
Toscafund
Tiger Management
Related People: Alex Robertson; John Townsend; Julian Robertson; Martin Hughes
Related Entities: Tiger Asia; Tiger Consumer; Tiger Global; Tiger Management LLC; Tiger Shark Management; Tiger Veda; Old Oak Holdings; Tiger Fund *; Tiger Jaguar Fund*; Tiger Management Corp; Tiger Management LP; Tiger Puma*; Toscafund
Related Article Tags: Shareholder Activists, Corporate Raiders and Proxy Battles

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