Activist investors are getting larger and are likely to become a growing threat to previously difficult to influence US mega-corporations, the next stage in activist hedge fund investing, say hedge fund sources close to the situation, a growing trend previously documented in ValueWalk.
Activists preparing a war chest
This notion is re-enforced by the recent news that activist investor Dan Loeb, founder of the activist hedge fund Third Point LLC, recently raised $2.5 billion with apparent ease, a Wall Street Journal article by David Benoit and Juliet Chung indicates. Other activists, including Jana Partners, Trian Fund Management and Pershing Square Capital Management are preparing war chests to attack larger corporate targets.
ValueWalk sources had previously indicated that
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