Activist Hedge Funds’ Next Big Battle Is Inside The Beltway

Activist Hedge Funds – guest post by Greg Marose As the hedge fund industry exploded over the past fifteen years, it facilitated a new era of activist investing geared toward influencing corporate decision-making. Hedge fund activism, which many policymakers contend prioritizes profits over job creation and broader economic impact, is now finally emerging as a front-and-center issue inside the Beltway. This past spring, Senators Tammy Baldwin (D-WI) and Jeff Merkley (D-OR) introduced legislation to enhance oversight of hedge funds employing activist strategies. The bill would shorten the Securities and Exchange Commission’s (SEC) Schedule 13D disclosure period and establish new rules…