Sandell Asset Management is a Leading Private Investment Fund

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					Sandell Asset Management is a Leading Private Investment Fund
The New York City based privately sponsored hedge fund, Sandell Asset
Management Corp. invests in the public equity markets across the globe.
The firm was founded in 1998 by Tom Sandell. It em ploys event driven
international strategy to make its investments. Sandell Asset Management
was founded in January 1998 and in addition to its NYC office it also has
offices in London and Hong Kong. The company has a staff of over 120
globally, including over 50 investment professionals. Each Sandell
location is supported by a locally based, international research team
with full execution capabilities.
In the past two years Sandell Asset Management has undergone some big
changes. These include adding Peter Rothschild, David Brady, and Philippe
Hercot to its global private equity practice. Rothschild and Brady have
been given positions as vice presidents in New York. Previously,
Rothschild was a director at Levine Leichtman Capital Partners, a Los
Angeles private equity firm focused on investments in middle market
companies. Brady was most recently a vice president at Caxton-Iseman
Capital, a New York based PE firm. Hercot joins the London office as a
principal from Mercer LLC in Paris.
Among the divisions of Sandell Asset Management is Castlerigg Capital, a
premier global private equity group dedicated to middle market investing
across a broad variety of industries. Castlerigg seeks to partner with
strong management teams and family business owners to identi fy key
business drivers so as to unlock opportunities for growth. As part of
Sandell Asset Management Corp., Castlerigg brings a team of private
equity experts together with the talent, resources, and global reach of a
leading private alternative asset management firm.
Sandell Asset Management Corp. is the largest shareholder of Sybase, Inc.
and has recently begun to call for changes in the company. Sandell
believes the company is likely moving too slowly in its review of
strategic alternatives. Sybase hired Merrill Lynch soon after Sandell
requested changes at the company. In an October letter, Sandell provided
a list of recommendations for Sybase to explore as it attempts to
increase shareholder value. These include the IPO and spinning off of the
mobility segment, share repurchases and/or the sale of the company in
whole or in part. Sandell additionally said it would seek to elect three
members to the board at the upcoming shareholders' meeting to ensure the
company takes action to improve its stock price.
Sandell Asset Management says of itself: "We are committed to integrity,
unwavering ethics, forthrightness and fair dealing in all that we do. We
understand this, above all else, is the lifeblood of our success."
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