Feet to the Fire: Mapping the current state of shareholder activism

Introduction¬† Historically, large institutional investors pursued purely financial strategies and kept a low profile in governance. This may no longer be the case. In a manner vaguely reminiscent of the corporate raiders of the 1980s, a new generation of activist shareholders is on the rise. The number of companies targeted by shareholder activists hit an […]

Special Purpose Acquisition Companies: the rise of the fast-track IPO

The origins Special Purpose Acquisition Companies were first introduced in 1990s by investment bankers David Nussbaum, Roger and Robert Gladstone, who were among the founders of EarlyBirdCapital, a boutique investment banking firm which since then launched and assisted a remarkable number of SPACs. After them, many other large investment banks started launching and backing SPACs, […]

Herbalife: Hedge Fund Titans fight or does it really matter?

Herbalife LTD. is a small cap company, by every measure. It sells weight management, nutritional supplement, energy, sports & fitness products and personal care products. It was founded in 1980 by Mark Hughes, who is still the president. It has a market capitalization of $4.27bn and some growing net sales. These were $3.5bn at the […]