National Enquirer’s Hedge-Fund Owner Dragged Into Fight With Bezos

  • Tabloid publisher is backed by Chatham Asset Management
  • Investment firm has two seats on American Media’s board
Amazon CEO Jeff Bezos says the National Enquirer blackmailed him.Source: Bloomberg)
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The National Enquirer’s hedge-fund owner, Chatham Asset Management, is now at the center of a fight with Jeff Bezos over alleged extortion, racy photos and Donald Trump.

The board of National Enquirer publisher American Media Inc. has agreed to investigate Bezos’ claims that the company tried to blackmail the billionaire with compromising pictures of him and his girlfriend -- including a “below the belt selfie.” Two of AMI’s four directors are Chatham executives, meaning they’ll probably have to help sort out what happened.