Gene-sequencing company Illumina, which was pushed to make changes by Carl Icahn last year, had two additional activist investors in its stock at the end of the fourth quarter, according to new. -February 14, 2024 at 07:00 pm EST
- MarketScreener
VF Corp, the owner of the North Face, Vans and Timberland brands, said on Tuesday it will appoint one new board member and select a second with input from activist investor Engaged Capital. Engaged, which has a 1.3% stake in VF, has been pushing for board representation and further restructuring since disclosing its position in the company late last year. Caroline Brown, who worked at investment firm Closed Loop Partners and was previously chief executive officer at Donna Karan International, will join the board immediately.
Loeb's Third Point to delve into private credit investing as a 'complement' streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.
Hedge fund manager Daniel Loeb's firm Third Point will invest in private credit this year as it bets on positive conditions for both credit and equity markets in 2024. "We will be adding private credit as a complement to our existing strategies and expect to begin investing in this new sector in the next few months," Loeb wrote to investors in a letter seen by Reuters on Wednesday. Third Point, which invests roughly $10.6 billion in assets, posted a 3.6% gain in 2023.
Hedge fund manager Daniel Loeb s firm
Third Point will invest in private credit this year as it bets
on positive conditions for both credit and equity markets in
2024. We will be adding.