The Remaking of a Hedge Fund Giant at World’s Most Influential Hedge Funds Conference

Aug. 29, 2012 - PRLog -- (August 20, 2012, New York) Watch out, Carl Icahn, says Katja Whitehouse from The New York Post. Steve Cohen’s SAC Capital is encroaching on your turf and the reasons behind will be exposed at at Hedge Funds Leaders Forum 2012, "Getting Ready to Manage $5 Trillion by 2016"  

The move is being spearheaded by SAC portfolio manager David Rosen, who has been butting heads with Spokane, Wash.-based Clearwater Paper Corp. since May, sources said.
In May, Rosen penned a letter to Clearwater Chairman and CEO Gordon Jones calling the stock “deeply undervalued.”

Last week, SAC, which has a 7.1 percent stake in the papermaker, proposed to Clearwater’s board that the company split itself in two and consider selling one or both parts.
People familiar with Rosen’s plans say Clearwater won’t be the last, and that Rosen and SAC analyst Shoney Katz are scouting out more opportunities to make money through corporate cage-rattling. People said he expects “a new level of activist 13Ds from SAC” as a result, referring to regulatory paperwork required by large shareholders with activist intentions.

The duo hopes to eventually employ tactics such as waging board proxy contests, according to another person familiar with Rosen’s plans.
A person close to SAC said any such efforts will be limited to Rosen — who is one of more than 100 portfolio managers at SAC — and that the move doesn’t represent a serious shift in strategy.

On September 25 in New York, October 9 in Chicago and December 12 in London, hundreds of the most important players in alternative investments will gather for all-star agendas at Hedge Funds Leaders Forum 2012, "Getting Ready to Manage $5 Trillion by 2016". A virtual who’s who will soon follow as one legendary manager after another will take the stage. Billions of investable assets will be represented by influential local and international investors who will listen with rapt attention as star managers and analysts discuss and debate the biggest issues facing the industry today.

Hedge Funds Leaders Forum 2012, "Getting Ready to Manage $5 Trillion by 2016" will provide attendees in New York, Chicago and London with the most up-to-date review of where this ever-changing industry stands and how regulatory and alpha expectation s will impact it. Recognized managers, investors, experts, regulators, and strategists will return to Hedge Funds Leaders Forum 2012 to provide the information practitioners are looking for in an open and unbiased environment, highly conducive to the most efficient and effective networking.

Hedge Funds Leaders Forum 2012 is produced by Golden Networking , the premier networking community for business executives, entrepreneurs and investors. Panelists, speakers and sponsors are invited to contact Golden Networking by sending an email to info@goldennetworking.net.