Atticus Capital Explained

Atticus Capital was a Wall Street hedge fund. It was founded by Nathaniel Rothschild and Timothy Barakett in 1995.[1]

History

Atticus helped to stop the Deutsche Börse from taking over the London Stock Exchange.[1]

Atticus was instrumental in the merger of Arcelor with Mittal Steel.[1]

Atticus, from a minority shareholder position, prevented Phelps Dodge from merging with INCO Ltd in 2006 because it insisted on a share buy-back scheme rather than the merger investment.[1]

In 2006, Atticus was rumoured to have $10 billion under administration.[1]

Before it was wound down in 2010, Atticus was rumoured to have $20 billion under administration.

Leadership

Timothy Barakett was CEO of Atticus for the first 15 years of its life.[2]

Notes and References

  1. News: McNish . Jacquie . The great Canadian mining disaster . The Globe and Mail Inc . 24 November 2006.
  2. News: Two elected to Harvard Corporation . The Harvard Gazette . 11 February 2019.