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Relational Investors to relaunch fund under new management in 2015
October 1, 2014 / 7:18 PM / 3 years ago

Relational Investors to relaunch fund under new management in 2015

BOSTON, Oct 1 (Reuters) - Activist investment firm Relational Investors plans to relaunch its main fund next year with new portfolio management as founder Ralph Whitworth battles health issues, a source said.

The $6 billion firm plans to liquidate by the end of 2015 the current portfolio, which was managed by Whitworth before he took a medical leave of absence in July.

Reporting by Svea Herbst-Bayliss, editing by Richard Valdmanis

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