Large Cap Activism Will Come Roaring Back

Earlier this week we published our flagship report, the Activist Investing Annual Review 2017. Produced in association with international law firm Schulte Roth & Zabel, the Review should be substantial enough at a whopping 44 pages to speak for itself. But I think it would be wrong of me to let the moment pass without sharing some of the thoughts I had while pulling it all together.

2016 Hedge Fund Letters

First of all, consider the volume of activism over the past year. An increasingly crowded market, boosted by occasional activists, first-timers, and increasingly-pressurized institutions like mutual and pension funds, means more companies than ever are being subjected to the tools activists have traditionally used. Modest...