Hints and tips:
...Marcato, an activist fund run by Mick McGuire, another former Pershing Square manager, returned more than 25 per cent last year....
...Marcato, which early last year delivered presentations accusing management of dragging its feet on expense reduction, has not issued any public statements since May....
...More recently, LPL Financial, a stockbroking business, went on a debt-funded buyback spree under pressure from Marcato Capital, which is run by Mick McGuire, a protégé of Bill Ackman, only to see its shares...
...But Marcato, in particular, remains dissatisfied. Reasonable people can disagree about the health of the business and the strength of management....
...It has also brought the 231-year-old bank to the attention of activist investors including Nelson Peltz’s Trian Partners, which has taken a seat on the board, and Marcato, a less friendly outfit which has...
...Marcato Capital Management, an activist fund, has called for Mr Hassell to be fired, in part because of what it describes as a persistent failure to keep costs under control....
...UK-listed InterContinental Hotels Group, in which San Francisco-based activist hedge fund Marcato Capital has a 4 per cent stake, recently held exploratory talks with Starwood about a merger, the Financial...
...Marcato has attacked targets as “unresponsive, unambitious and uninspiring”. BNY Mellon’s annual meeting is scheduled for next month....
...Management LP who pushed for modernisation and greater shareholder returns....
...The $900m Marcato was started by Mick McGuire after he left Pershing Square, the $11bn fund run by Bill Ackman....
...However, it invested in Landry’s alongside Richard McGuire, a former Pershing partner, who is setting up a new activist fund, Marcato Capital Management, to focus on small- and mid-cap opportunities....
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