Early Life
Thomas Sandell was born in the early 1960s. He earned a bachelor's degree from Uppsala University. He later earned an MBA in finance from Columbia University.
Rise to Success
Sandell began his career in finance. He worked as a securities analyst for Atlantic Finance in Paris from May 1986 to May 1987 and head of equity research at Group Delphi in Paris. He joined Bear Stearns in 1988 and later became a senior managing director and co-head of the Risk Arbitrage department before leaving in 1997. In 1998, Sandell founded Sandell Asset Management, a hedge fund based in New York. The firm focused on global risk arbitrage, equity special situations, and credit opportunities. His UCITS hedge fund was awarded Best Performing Risk Arbitrage Fund by The Hedge Fund Journal and was included in "The Hedge Fund Hot 100".
Key Business Strategies
Sandell's investment strategy at Sandell Asset Management centered on event-driven, multi-strategy investing. He focused on global risk arbitrage, equity special situations, and credit opportunities. Sandell was known for taking an international perspective, searching for opportunities overlooked by others.
Philanthropy
Sandell is a founding board member of The New Leader's Group of the Institute of International Education. He also serves as a Trustee of Friends of ARK (Absolute Return for Kids), a charity supporting initiatives against disease, abuse, and poverty affecting children globally.