موقع Alden Global Capital

Daily News workers ... woe is me

The 104-year-old tabloid was scooped up by notorious vulture hedge fund Alden Global Capital, which owns more than 200 newspapers, as part of a $633 million acquisition of Tribune Publishing in May 2021. Under Alden's thumb, Daily News workers have "quit in droves" — while new policies require the skeleton staff to get pre-approved …


Alden Global Capital

Alden Global Capital is a hedge fund company based in New York, NY. They operate 8 private funds and have approximately $2.12 billion in total assets under management (AUM). You can view more information on Alden Global Capital including private fund info, contact info, top management and executives, website, email addresses, and more below:


Digital First Media Workers Take on Alden Global Capital Hedge Fund

17 Jun, 2016, 06:00 ET. WASHINGTON, June 17, 2016 /PRNewswire/ -- Digital First Media workers and advocates for responsible and quality journalism are launching a campaign to demand investor ...


After gutting local newspapers, hedge fund Alden Global is going

Scott Simon speaks to journalist Julie Reynolds about hedge fund Alden Global Capital's purchase of several mobile home parks and its eviction of many of their low-income residents.


Alden Global Capital | LinkedIn

Alden Global Value Advisors Transportation, Logistics, Supply Chain and Storage Gurgaon, Haryana


The Baltimore Sun explores the question of whether there …

Smith said Monday that he acquired Baltimore Sun Media on Friday from investment firm Alden Global Capital, marking the first time in nearly four decades that The Sun will be in the hands of a local owner. Smith decided to personally buy the newspaper, along with the Capital Gazette papers in Annapolis, Carroll County Times, Towson Times …


Randall D. Smith

Alden Global Capital, a hedge fund located in Manhattan, New York City, was established in 2007 by Randall D. Smith. As of mid-2020, Alden Global Capital held stakes in approximately two hundred ...


Alden Global Capital says Post-Dispatch parent Lee …

Alden Global Capital, co-founded by Randall Smith and Heath Freeman, is known for aggressive cost-cutting. In addition to the Chicago Tribune, Alden owns the Denver Post, New York Daily News ...


The Hedge Fund Vampire That Bleeds Newspapers …

Alden, a New York City–based firm that has become the grim reaper of American newspapers, had recently increased its stake in Tribune Publishing to 32%—making it the largest shareholder of the ...


Alden Global Capital moved $250 million from newspaper …

Alden Global Capital, a prominent hedge fund that controls more than 100 local newspapers, moved nearly $250 million of employee pension savings into its own accounts in recent years, an unusual ...


New York Daily News and Forbes staffers walk out amid US …

Mike Gartland, a city hall reporter and Daily News union steward, targeted owner Alden Global Capital with a reference to one of the paper's most famous headlines, Ford to City: Drop Dead, a ...


Heath Freeman Buys Coconut Grove Mansion For $19M

Freeman, managing director of New York-based Alden Global Capital, picked up a waterfront mansion in Camp Biscayne, a gated Coconut Grove community, for $19 million, records show. Freeman financed ...


Hedge fund Alden Global is buying newspaper chain Tribune Publishing

Hedge fund Alden Global Capital will acquire the rest of what it does not already own of Tribune Publishing (TPCO), owner of the Chicago Tribune, the New York Daily News and other local newspapers ...


Alden Global Capital, LLC Announces Offer to …

November 22, 2021 10:25 AM Eastern Standard Time. WEST PALM BEACH, Fla.-- ( BUSINESS WIRE )--Alden Global Capital, LLC today sent the following letter to the …


ALDEN GLOBAL CAPITAL LLC Top 13F Holdings

Alden Global Capital is based out of Brandon. Alden Global Capital is a hedge fund with 3 clients and discretionary assets under management (AUM) of $764,764,000 (Form ADV from ). Their last reported 13F filing for Q3 2023 included $147,015,608 in managed 13F securities and a top 10 holdings concentration of 81.81%.


Local newsrooms strained by budget-slashing financial firms

But he says the worst culprit is the hedge fund Alden Global Capital, which bought the Mercury in 2011 and has since sold the paper's building and slashed newsroom staff by about 70%.


ALDEN GLOBAL CAPITAL, LLC Employer Identification …

Employer Identification Number 80-0779926. ALDEN GLOBAL CAPITAL, LLC is a USA domiciled entity or foreign entity operating in the USA. The EIN ihas been issued by the IRS. Company Name: ALDEN GLOBAL CAPITAL, LLC. Employer identification number (EIN): 80-0779926. EIN Issuing Authority.


Major Newspaper Company Will Stop Endorsing

The change will be announced in an editorial set to run in Alden Global Capital's more than 200 papers as early as Friday. Alden Global Capital, which owns about 200 U.S. newspapers, has told ...


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AlpenGlobal Capital is an investment firm with a team of unique skillsets and deep financial industry expertise. Founded with the ethos of applying these skills and sharing this knowledge beyond the ultra-wealthy, we …


Journalism strikes: Forbes, New York Daily News see historic …

The Daily News union says their walkout is in protest of cost-cutting moves by owners Alden Global Capital, an investment firm that purchased the storied paper in 2021. The union formed in 2021 ...


The Alden Global Capital Crazy Wall

The Alden Global Capital Crazy Wall Posted on June 25, 2019 July 12, 2019 Author Sally Davidow Categories Alden, DFM, Digital First Media, Featured, News Tags Alden, DFM, Digital First Media. In which we map Alden's layers of shell companies to try to figure out who owns your hometown newspaper.


Hedge fund Alden Global is buying newspaper chain Tribune …

Hedge fund Alden Global Capital will acquire the rest of what it does not already own of Tribune Publishing (TPCO), owner of the Chicago Tribune, the New York …


Hedge Fund Alden Global Capital Poised To Acquire …

The hedge fund Alden Global Capital is poised to acquire full control of Tribune Publishing. It already owns nearly 200 papers around the country. Those who …


How Alden Global Capital Destroys the News

While there is no singular cause for said fall, one name stands out as a key accomplice in the death of local news: Alden Global Capital. The decline of local news is not just some old tradition in decline. Since 2004, 2,000 American newspapers have gone out of business, making local news a struggling industry despite its incredible importance ...


'Vulture' Fund Alden Global, Known For Slashing …

The New York-based hedge fund Alden Global Capital – known for slashing its newspapers' budgets to extract escalated profits – won shareholder approval Friday …


Angry Daily News Reporters Walk Out in Dispute with Cost …

Daily News reporters staged a one-day walkout on January 25 in a pay dispute over the cancelling of over time pay. The 105-year-old tabloid was sold in 2021 to Alden Global Capital, a hedge fund that is notorious for slashing costs. In its heyday, the paper was the largest circulated paper in America. Today it in 21st place. Daily News ...


Media workers strike to protest layoffs at New York Daily …

The Daily News union says their walkout is in protest of cost-cutting moves by owners Alden Global Capital, an investment firm that purchased the storied paper in 2021. The union formed in 2021 ...


Alden Global Capital, LLC Announces That Affiliate …

Alden Global Capital, LLC Announces That Affiliate Has Filed Preliminary Proxy Materials for Lee's 2022 Annual Meeting | Business Wire.


The San Diego Union-Tribune sold to Alden Global Capital

July 10, 2023 3:58 PM PT. Los Angeles billionaire Dr. Patrick Soon-Shiong has sold The San Diego Union-Tribune to an affiliate of the MediaNews Group for an undisclosed amount, it was announced on ...