{"id":35919,"date":"2013-06-04T08:38:54","date_gmt":"2013-06-04T12:38:54","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=35919"},"modified":"2013-06-04T08:38:54","modified_gmt":"2013-06-04T12:38:54","slug":"rhj-strategy-and-pay-warrants-board-overhaul-hedge-funds-say","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/06\/2013\/rhj-strategy-and-pay-warrants-board-overhaul-hedge-funds-say.html","title":{"rendered":"RHJ Strategy and Pay Warrants Board Overhaul, Hedge Funds Say"},"content":{"rendered":"<p>Bloomberg &#8211; A group of\u00a0hedge funds\u00a0criticized\u00a0RHJ International (RHJI)\u00a0SA\u2019s acquisition strategy as \u201cerratic\u201d and payments to managers as \u201cegregious\u201d as they repeated their call for a board overhaul and return of capital to investors.<\/p>\n<p>Several of the companies Brussels-based RHJ has bought since its 2005 initial public offering have been sold at a loss or filed for bankruptcy, Equilibria Capital Management Ltd. wrote in a letter to RHJ shareholders today. Equilibria, which said it\u2019s working with four more funds, estimated RHJ Chief Executive Officer Leonhard Fischer has been paid as much as 28 million euros ($36.6 million) since 2007 as the stock slid 73 percent and the company posted losses.<\/p>\n<p><a href=\"http:\/\/www.bloomberg.com\/news\/2013-06-04\/rhj-strategy-and-pay-warrants-board-overhaul-hedge-funds-say.html\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bloomberg &#8211; A group of\u00a0hedge funds\u00a0criticized\u00a0RHJ International (RHJI)\u00a0SA\u2019s acquisition strategy as \u201cerratic\u201d and payments to managers as \u201cegregious\u201d as they repeated their call for a board overhaul and return of capital to investors. Several of the companies Brussels-based RHJ has [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-35919","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/35919","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=35919"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/35919\/revisions"}],"predecessor-version":[{"id":35920,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/35919\/revisions\/35920"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=35919"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=35919"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=35919"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}