Sandell Asset Management is the Principal Fund for Private Investment

A private hedge fund backed by New York City, Sandell Asset Management Corp. invests in public equity markets around the world. The company was founded in 1998 by Tom Sandell. It uses an international event-based 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 more than 120 employees worldwide, including more than 50 investment professionals. Each Sandell location is sponsored by a local international research team with full execution capabilities.

Sandell Asset Management has undergone major changes over the last two years. Adding Peter Rothschild, David Brady and Philippe Hercot, among others, to the global practice of private equity. Rothschild and Brady have served as vice presidents in New York. Previously, Rothschild was a director of Levine Leichtman Capital Partners, a private equity firm in Los Angeles, focused on investments in mid-market companies. Brady Caxton-Iseman was the Vice President of Capital at the New York PE Company. Hercot has joined the London office as a director of Mercer LLC in Paris.

One of Sandell Asset Management’s divisions is Castlerigg Capital, the world’s largest private equity group dedicated to investing in a number of industries in the mid-market. 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 with the talent, resources and global reach of a leading private alternative asset management company.

Sandell Asset Management Corp. It is the largest shareholder in Sybase, Inc. and has recently begun to make changes to the company. Sandell believes the company is moving too slowly in its review of strategic alternatives. Sybas hired Merrill Lynch as soon as Sandell requested changes to the company. In an October letter, Sandell gave him a list of recommendations as Sybas tries to increase shareholder value. These include the IPO and spin-off of the mobility segment, the repurchase of shares and / or the sale of all or part of the company. Sandell also said he will 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, consistent ethics, fairness and fair treatment in everything we do. We understand that, above all else, is at the heart of our success.”