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Bulldog Investors - 25 Years Of Activism

Activist investors are wide spread across all sectors; they target large companies, small companies and some even focus on closed-end funds. One in particular is Bulldog Investors, which has been busy working in the activist hedge fund space for most of its 25-year existence. Started by Phil Goldstein in December 1992, Bulldog began with $700,000, most of which was family money, in his basement. A friendly but tenacious approach, Goldstein explains that originally, they didn’t have a brand name for the business, but Bulldog came about because they felt it reflected exactly what they were trying to do as activists. “If we lose...