Portside

In April, the union included four billionaires on its “watch list” of money managers that support groups the labor organization said are hostile to traditional public pensions. The groups included StudentsFirst, an organization that backs eliminating tenure and funding charter schools at the same level as public ones. Daniel Loeb, founder of Third Point LLC, an activist investor is the only one of 33 managers targeted by the AFT to push back publicly against the union.