FT - Bulldog Investors: Updates To The CEF Activist's Portfolio
Bulldog Investors is an investment firm that, to paraphrase a Forbes headline, "bites bigger than it barks." Their general strategy is to buy closed end funds at a discount, and then engage with management to close that gap. A recent interview on Seeking Alpha provides some additional background. They also buy a lot of SPACs, but that's a topic for another article. Bulldog doesn't make headlines outside of their niche, but they have a massive impact in CEFs and SPACs.
Bulldog is one of the most active CEF activists. We track activists because they