Thomas Sandell
Encyclopedia
Thomas Sandell is a Swedish
investment banker
currently living in New York City
, USA.
As a Swedish badminton
prodigy, he attended Uppsala University
in Sweden
where he got his B.A. Spent 2 years in Paris
covering European stocks
for Atlantic Finance. Then earned M.B.A at Columbia University
. Joined Bear Stearns
in 1988, was colleague of famed investment banker Ace Greenberg. In 1998, Thomas set up a hedge fund Sandell Asset Management Corp. with its headquarters in New York. Its business focus on global risk arbitrage, equity special situations and credit opportunities. Thomas is the tenth richest person in Sweden, according to Forbes
magazine, with an estimated net worth
of around US$
1.1 billion.
Sweden
Sweden , officially the Kingdom of Sweden , is a Nordic country on the Scandinavian Peninsula in Northern Europe. Sweden borders with Norway and Finland and is connected to Denmark by a bridge-tunnel across the Öresund....
investment banker
Investment banking
An investment bank is a financial institution that assists individuals, corporations and governments in raising capital by underwriting and/or acting as the client's agent in the issuance of securities...
currently living in New York City
New York City
New York is the most populous city in the United States and the center of the New York Metropolitan Area, one of the most populous metropolitan areas in the world. New York exerts a significant impact upon global commerce, finance, media, art, fashion, research, technology, education, and...
, USA.
As a Swedish badminton
Badminton
Badminton is a racquet sport played by either two opposing players or two opposing pairs , who take positions on opposite halves of a rectangular court that is divided by a net. Players score points by striking a shuttlecock with their racquet so that it passes over the net and lands in their...
prodigy, he attended Uppsala University
Uppsala University
Uppsala University is a research university in Uppsala, Sweden, and is the oldest university in Scandinavia, founded in 1477. It consistently ranks among the best universities in Northern Europe in international rankings and is generally considered one of the most prestigious institutions of...
in Sweden
Sweden
Sweden , officially the Kingdom of Sweden , is a Nordic country on the Scandinavian Peninsula in Northern Europe. Sweden borders with Norway and Finland and is connected to Denmark by a bridge-tunnel across the Öresund....
where he got his B.A. Spent 2 years in Paris
Paris
Paris is the capital and largest city in France, situated on the river Seine, in northern France, at the heart of the Île-de-France region...
covering European stocks
Stock
The capital stock of a business entity represents the original capital paid into or invested in the business by its founders. It serves as a security for the creditors of a business since it cannot be withdrawn to the detriment of the creditors...
for Atlantic Finance. Then earned M.B.A at Columbia University
Columbia University
Columbia University in the City of New York is a private, Ivy League university in Manhattan, New York City. Columbia is the oldest institution of higher learning in the state of New York, the fifth oldest in the United States, and one of the country's nine Colonial Colleges founded before the...
. Joined Bear Stearns
Bear Stearns
The Bear Stearns Companies, Inc. based in New York City, was a global investment bank and securities trading and brokerage, until its sale to JPMorgan Chase in 2008 during the global financial crisis and recession...
in 1988, was colleague of famed investment banker Ace Greenberg. In 1998, Thomas set up a hedge fund Sandell Asset Management Corp. with its headquarters in New York. Its business focus on global risk arbitrage, equity special situations and credit opportunities. Thomas is the tenth richest person in Sweden, according to Forbes
Forbes
Forbes is an American publishing and media company. Its flagship publication, the Forbes magazine, is published biweekly. Its primary competitors in the national business magazine category are Fortune, which is also published biweekly, and Business Week...
magazine, with an estimated net worth
Net worth
In business, net worth is the total assets minus total outside liabilities of an individual or a company. For a company, this is called shareholders' preference and may be referred to as book value. Net worth is stated as at a particular year in time...
of around US$
United States dollar
The United States dollar , also referred to as the American dollar, is the official currency of the United States of America. It is divided into 100 smaller units called cents or pennies....
1.1 billion.