Engine Capital returned 5.53% net for the fourth quarter, bringing its net return for 2023 to 15.56%. Since its inception, the fund has returned 331.8% cumulatively.
Meanwhile, the Russell 2000 gained 14.03% for the fourth quarter, 16.93% for 2023, and 139.2% since the inception of Engine Capital in July 2013. Additionally, the HFRI Activist Index returned...