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Jan Alexander
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Tom Sandell Preps New Activist Fund With Three-Year Lockup
The Sandell Asset Manager founder is looking to rebuild assets, which are down to $750 million from $7.5 billion in 2008, and sees new opportunities for activist strategies.
Jan Alexander November 2, 2012

The past few years have been rough for activist hedge funds. No one knows that better than Tom Sandell, the founder and CEO of Sandell Asset Management in New York, once a high-flying $7.5 billion multistrategy fund management firm with a specialty in activist investing.

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