Chatham Asset Management

Chatham Asset Management LLC is an American hedge fund with a large foothold in newspapers and tabloids, headquartered in Chatham Borough, New Jersey, United States. The company holds a controlling interest in Postmedia, A360media, McClatchy, and RR Donnelley. Chatham was founded by Anthony Melchiorre in 2000.

In 2023, Chatham and Melchiorre were charged by the U.S. Securities and Exchange Commission with 'improper trading of certain fixed income securities.', in relation to client trades of AMI stock. They agreed to pay over $19.3 million collectively in fines.

This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.