Thu, Jan 19, 2017
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Two activist hedge fund firms join efforts and plan new strategy

Friday, May 31, 2013

amb
Glenn W. Welling
Benedicte Gravrand, Opalesque Geneva: - Two activist hedge fund firms, a new one based in California and another head-quartered in London, announced today they had formed a new partnership. They will join marketing efforts and together launch a global constructive activist strategy. They are Engaged Capital (EC) and Governance for Owners (GO).

The two firms’ investment philosophies are aligned: their funds want to generate superior returns by investing in under-valued, small and mid-cap ($500m–$8bn), publicly listed companies and work to catalyse change in those companies to create shareholder value. Like most activist funds, they take concentrated, strategic ownership positions and then engage the management and board of directors in an attempt to influence decisions that are meant to raise the companies’ value for shareholders.

According to GO, "investment strategies like those of EC and GO, that hold managements and boards accountable to shareholders, have the potential to generate sustainable alpha. The EC and GO partnership brings together teams with best of breed capabilities from the US, Europe and Asia. EC invests in North American companies while GO invests in both European and Japanese equities and has additional capabilities in South East Asia and Australia. Together, EC and GO should be well positioned to offer investors regional or global activist investment approaches that have the potential to help them meet their portfolio objectives."

GO will ......................

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. Investing - This hedge fund made 37% betting on banks in 2016 and remains bullish after the Trump rally, Hedge fund legend David Einhorn is making a big bet on GM, After impressive 85% return in 2016, hedge fund looks to Canadian gold producer, small banks[more]

    This hedge fund made 37% betting on banks in 2016 and remains bullish after the Trump rally From Forbes.com: Can bank stocks continue to rise after a 28% surge in the KBW Bank Index in 2016, fueled by a post-election rally as stock pickers returned to the beaten down sector? Forget the s

  2. SWFs - China sovereign wealth fund CIC plans more U.S. investments[more]

    From Reuters.com: China Investment Corporation (CIC), the country's sovereign wealth fund, is looking to raise alternative investments in the United States due to low returns in public markets, its chairman said on Monday. CIC will boost its investments in private equity and hedge funds as wel

  3. Some hedge funds strong start in 2017 nice contrast to 2016[more]

    With the 2016 HSBC Hedge Weekly performance rankings in the books - a year in which the same leader-board entries pretty much dominated unchallenged throughout the year - comes a new leader board that is a hard-scrabble mix of hedge fund styles and categories. What is clear after but a few short wee

  4. Macro hedge funds and CTAs outperform in December on strong dollar[more]

    Komfie Manalo, Opalesque Asia: The last month of 2016 saw risk assets climbing higher, as part of expectations that the new U.S. administration will remove barriers to growth and investment, Lyxor Asset Management said. December also saw the Fed hik

  5. Opalesque Exclusive: Roxbury credit events UCITS gathers more assets[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: The Roxbury Credit Events Fund, launched in September 2015, was up 4.24% in 2016, having returned seven positive months during the year. The managers raised