Wed, Oct 1, 2014
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Engaged Capital launches with $85M seed investment from Grosvenor Capital Management

Wednesday, September 12, 2012

amb
Glenn W. Welling
Bailey McCann, Opalesque New York:

Engaged Capital, an activist investment firm focused on investing in small and mid-cap North American equities, announced a strategic partnership with Grosvenor Capital Management, one of the oldest and largest global alternative investment managers, with over $22bn in assets under management. The Engaged deal is the second strategic partnership entered into by Grosvenor since it launched its current Emerging Manager program at the beginning of the year.

Engaged Capital was founded this month by Glenn W. Welling, a former Principal and Managing Director at Relational Investors. Engaged makes concentrated investments in undervalued public companies and through a constructive engagement process serves as the catalyst for strategic change and shareholder value creation. Welling has over 20 years of experience in activist investing and providing business advisory services to companies to help them increase shareholder value and will be bringing his team from Relational into the new fund.

Prior to his work at Relational, Welling ran the Buy-side Insights Group at Credit Suisse, where he helped many of the bank’s largest clients ensure their decisions and actions created value for their shareholders. Before Credit Suisse, Welling was a partner at HOLT Value Associates, where he ran a similar business. He joined Relational in 2008, bringing with him some of the bankers from his team at Credit Suisse to help grow the firm’s large-cap fund ......................

To view our full article Click here

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing


  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Socially responsible investments grow in demand, but performance questions persist[more]

    Komfie Manalo, Opalesque Asia: A study by financial services firm TIAA-CREF showed that interest in socially responsible investing (SRI) is increasing rapidly, but investors are still asking if investing in an SRI strategy

  2. Regulatory - Ireland launches structure for passporting loan origination funds within EU[more]

    From Asiaasset.com: The Irish Funds Industry Association (IFIA) has introduced new loan origination capabilities that will offer Asian managers and investors a new structure under the European Union’s (EU’s) Alternative Investment Fund Managers Directive (AIFMD). The new structure will allow the mar

  3. Europe - Ed Miliband's war on hedge funds could damage City of London[more]

    From Telegraph.co.uk: Ed Miliband’s plans to wage war on hedge funds could be potentially more damaging to the City of London than even the financial transaction tax (FTT), senior banking sources warned on Tuesday night. The Leader of the Opposition took aim at a number of industries as part of his

  4. News Briefs - SEC probes Pimco ETF over pricing irregularities, BEPs: Action plan released and UK first to adopt country-by-country reporting[more]

    SEC probes Pimco ETF over pricing irregularities The Securities and Exchange Commission is investigating Pimco’s pricing of exchange traded funds, the latest cloud to hang over the world’s largest bond manager, which has been dogged by poor performance and management infighting. Pimco on

  5. CalPERS’ move might alter hedge fund fees for good[more]

    Benedicte Gravrand, Opalesque Geneva: When CalPERS, the California Public Employees’ Retirement System, announced on September 15th that it was unwinding its hedge-fund portfolio, it was seen by many as is a significant blow to the sector’s appeal. The Fund is