Activism’s New Paradigm

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By Gregory Taxin and Betsy Atkins*   Shareholder activism in the U.S. has increased greatly over the past decade, measured not only in scope and the pools of capital dedicated to it but also in sophistication and in the range of tactics employed. There is currently more than $120 billion in dedicated activist funds at work, […] Read more »

Activism’s New Rules

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By Montieth M. Illingworth, president of Montieth & Company   There it was in black and white in none other than The New York Times. Quotes from the CEO of DowDuPont, followed by ones from a line up of shareholders echoing the sentiment, that all is now actually much better for the company. The breakup once […] Read more »

The Year in Activism Infographic

From Activist Insight   related content: Consultant Verus Negative on Outlook for Event Driven Hedge Funds (Jan 2017) Can Activism Survive A Down Market? (March 2016) John Paulson on the Benefits of Activism (Dec 2010)   Read more »

Energy Activism The Focus Of Vinson & Elkins

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From Activist Insight An Interview With Kai Liekefett and Stephen Gill of Vinson & Elkins   Have you noticed an upsurge in activism in the energy industry recently? Kai Liekefett: Up until 2012, activists weren’t really focused on this sector. But in the last three years, there were more than 30 reported activism campaigns in […] Read more »

Activist Funds Approach $100bn

From Eurekahedge*   Hedge funds deploying shareholder activism as a key cornerstone of their investment strategy have attracted much attention as of late. This overview takes a quick review of their performance and asset growth over the last couple of years. Graphic 1 and Table 1 show the performance of activist hedge funds relative to […] Read more »

A Lone Star Activist – An interview with Jeff Eberwein of Lone Star Value Management

From Activist Insight Not many activists run as many as five proxy contests a year, still less when their team consists of two members. Jeff Eberwein is no ordinary activist, however. His Lone Star Value Management has the most newly disclosed positions in 2014 according to Activist Insight’s count, making entering the activist investing game […] Read more »

The Activist Top Ten

From Activist Insight   In The Activist Investing Annual Review 2014, Activist Insight looked at which activists created the biggest splash in 2013. Using its unique database, the company gave each of these well-known activists a ranking for categories such as the number of new investments in 2013, the average size of these investments, and […] Read more »

Bulldog Investors Returns To Using Proxy Contests

From Activist Insight Bulldog Investors LLC didn’t run a proxy contest in the first half of 2013, but all of a sudden two have come along at once. The activist, still one of the busiest around but less aggressive in recent years, announced last month that it would nominate directors at two companies – Firsthand Technology […] Read more »

Icahn’s Apple Campaign Winds Up A Notch On Board Financial Expertise

From Activist Insight   Ten weeks have passed since Carl Icahn announced his investment in Apple on Twitter and certainly a lot has happened since. The initial ‘pop’ added $30 to the stock overnight, not the most dramatic movement in Apple’s share price this year, but certainly one of the better upward ones. To date, […] Read more »

Icahn Tops Activist Activity in 3Q

From Activist Insight In this article from “Activism Monthly”, recent trends in shareholder activism are tracked and uncovered after a busy third quarter.   Activity rate As anticipated, the number of Schedule 13D filings (i.e.initial disclosures of US activist positions) fell in quarter three, from 33 in each of the first two quarters to 25 […] Read more »