Tue, Aug 22, 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. Opalesque Exclusive: Albright Capital puts a value lens on emerging markets[more]

    Bailey McCann, Opalesque New York: Over the past decade, investors have steadily increased investments in emerging markets private funds. Allocations to the cohort have increased from $93 billion in December 2006 to $564 billion in September 2016, according to data from research firm Preqin. Howe

  2. Comment: "Long-Term Investing": What managing drawdown risk can do to your long-term returns[more]

    Matthias Knab, Opalesque: Real Investment Advice writes on Harvest Exchange: Last week, I was having lunch with a prospective portfolio management client discussing the curre

  3. Jasper Capital International joins Hedge Fund Standards Board[more]

    Komfie Manalo, Opalesque Asia: Diversified and systematic investment firm Jasper Capital International has become the second China-based signatory to the Hedge Fund Standards Board (HFSB), an organization that brings hedge fund managers and investors together to set standards for the hedge fund i

  4. Investing - Hedge-fund honchos including David Tepper are loading up on Alibaba, Billionaire hedge fund manager Stanley Druckenmiller is betting big on the Chinese consumer, Big-name U.S. hedge funds shed healthcare stocks during the rally in second-quarter, U.S. hedge funds bearish on FAANG stocks in second-quarter, Hedge fund titan Viking Global made a $680 million bet on scandal-plagued Wells Fargo[more]

    Hedge-fund honchos including David Tepper are loading up on Alibaba From CNBC.com: David Tepper's Appaloosa Management and three other he ge funds took new stakes in Chinese e-commerce giant Alibaba in the second quarter, according to the latest quarterly filings. Appaloosa disclos

  5. FinTech - Danger: Crowdfunding on the wrong platform could force you to go public[more]

    From LinkedIn.com: Some equity crowdfunding platforms are putting startups at serious risk. Working with a platform that doesn't structure your deal appropriately could jeopardize your ability to raise future capital or worse, force you to become a public reporting company. The emergence of eq