Sachem Head Makes Successful Foray Into Shareholder ActivismVW Staff
Sachem Head Capital Management made waves last year when it raised over $800M within four months of launch. Run by Scott Ferguson, who was Ackman’s first analyst at his Pershing Square fund and later made partner, Sachem Head was reported to be styled after Marcato Capital Management. Expecting to invest on a long basis in eight to 16 positions, Sachem Head focuses on North America and avoids commodity-driven businesses.
Calls for sale of Helen of Troy (HELE . . .
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