Opalesque just recently conducted an interview with Phil Goldstein and Andy Dakos from Bulldog Investors. The two-part video interview is posted below.
About Bulldog Investors: Bulldog Investors often employs investor activism to unlock the intrinsic value of its investments – mostly in closed-end funds and more recently with Special Purpose Acquisition Vehicles (SPACs). Bulldog has conducted more than 30 proxy contests and several “hostile” tender offers since its inception in 1992 and has been called "[t]he king of closed-end funds" by Fortune Magazine
Phil Goldstein formed Bulldog with Steve Samuels in 1992 after 25 years as a civil engineer for the City of New York. Goldstein is a widely-quoted expert on closed-end funds, hedge funds, value investing, investor activism, corporate governance and securities regulation. In 2006, Goldstein succeeded in a legal challenge to invalidate the SEC’s controversial rule to register hedge funds. Goldstein graduated from the University of Southern California in 1966 with a Bachelor of Engineering degree and from C.C.N.Y in 1968 with a Master of Engineering degree.
Profile extracted from The Conference Board's Shareholder Activism Report.
Learn about:
- Phil Goldstein: Transition from civil engineer to value investor
- Foundation of Bulldog Investors' investment strategy
- How do you define yourselves as "activist investors"?
- To what extent can activist investors act as "catalysts" to help unlock value in an asset?
Learn about:
- How to use activist investing practices to pressure management
- How to run a successful proxy fight
- Why did you sue the SEC?
- Where are the costs of hedge fund regulation felt?
Posted by David Schatz