Activist investors are bracing for an uncertain environment under a Donald Trump presidency. Bruce Goldfarb, CEO of Okapi Partners, said the demise of carried interest, something Trump said he supports, would impact the profitability of activist funds. "It's something everybody has to think about," he said, adding that investors are also concerned about the overall deal making environment under a Trump presidency. Plus, should a Trump presidency spark extra volatility in the stock market, Goldfarb said that may help activist funds. TheStreet's Scott Gamm reports from Wall Street.

More from Video

Meet Blackbird, the New 'Uber of the Skies'

Meet Blackbird, the New 'Uber of the Skies'

Tip For Financial Advisors: Think Outside the Box

Tip For Financial Advisors: Think Outside the Box

Here's Why Stock Picking Is Especially Important in the Retail Sector

Here's Why Stock Picking Is Especially Important in the Retail Sector

Are Some Central Banks Dumping Their Gold?

Are Some Central Banks Dumping Their Gold?

Here's How to Trade Walmart, Nordstrom, Macy's and JCPenney After Earnings

Here's How to Trade Walmart, Nordstrom, Macy's and JCPenney After Earnings