A Focus on Restructuring-Driven Change
Our distinctive approach focuses on companies that share these key characteristics:
Restructuring / Change Catalyst
We analyze companies in the midst of major change or transformation to uncover catalysts for value creation.
Complexity / Lack of Coverage
Complex stories with many moving parts are difficult to evaluate, leaving a void in Wall Street coverage.
Lack of research coverage and positive attention fuel investor uncertainty and neglect, creating market inefficiencies.
Within our investment universe, we use bottom-up analysis to identify companies with strong business models and solid growth potential.
Value Process Highlight
Our research team generates new investment ideas, seeking catalysts for value creation such as:
Spin-offs, divestitures, de-mutualizations
New management, cost cutting, mergers and acquisitions
Balance Sheet/Capital Restructurings
Emergence from bankruptcy, refinancing, shift to “capital lite/franchise” model, capital reallocation
Regulatory changes, industry consolidation