Sandell Asset Management is a leading private investment fund
New York City-based privately sponsored hedge fund Sandell Asset Management Corp. invests in public equity markets around the world. The firm was founded in 1998 by Tom Sandell. Employs an international event-driven strategy to make your investments. Sandell Asset Management was founded in January 1998 and, in addition to its New York office, it also has offices in London and Hong Kong. The company employs more than 120 people around the world, including more than 50 investment professionals. Each Sandell location is supported by a locally based international investigation team with full enforcement capabilities.
In the past two years, Sandell Asset Management has undergone major changes. These include the addition of Peter Rothschild, David Brady and Philippe Hercot to its global private equity practice. Rothschild and Brady have been awarded positions as vice presidents in New York. Previously, Rothschild was a director of Levine Leichtman Capital Partners, a Los Angeles private equity firm focused on investments in middle market companies. Brady was most recently vice president of Caxton-Iseman Capital, a New York-based physical education company. Hercot joins the London office as a director of Mercer LLC in Paris.
Among the divisions of Sandell Asset Management is Castlerigg Capital, a leading global private equity group dedicated to mid-market investing in a wide variety of industries. Castlerigg seeks to partner with strong management teams and family business owners to identify key business drivers to unlock growth opportunities. As part of Sandell Asset Management Corp., Castlerigg brings together a team of private equity experts along with the talent, resources and global reach of a leading private alternative asset management firm.
Sandell Asset Management Corp. is the largest shareholder in Sybase, Inc. and has recently begun calling for changes to the company. Sandell believes the company is likely moving too slow in its review of strategic alternatives. Sybase hired Merrill Lynch shortly after Sandell requested changes to the company. In an October letter, Sandell provided a list of recommendations for Sybase to explore as it tries to increase shareholder value. These include the IPO and spin-off of the mobility segment, share buy-back and / or the sale of the company in whole or in part. Sandell also said it will seek to elect three board members at the next shareholders meeting to ensure the company takes steps to improve its share price.
Sandell Asset Management says of itself: “We are committed to integrity, unwavering ethics, frankness and fair dealing in everything we do. We understand that this, above all else, is the lifeblood of our success.”