-
Marcato Capital Closing Down As Assets Shrink Over Past Two Years
Monday, December 23, 2019 - 1:20am | 333Read More...Mick McGuire’s activist hedge fund Marcato Capital Management is winding down after its assets shrunk over the past two years due to poor returns, sources told Reuters on Sunday. What Happened Marcato Capital Management, an activist hedge fund supported by Blackstone Group Inc (NYSE: BX) and...
-
Deckers Responds To Marcato Letter Calling For Board Changes
Tuesday, June 27, 2017 - 5:36pm | 345Read More...Deckers Outdoor Corp (NYSE: DECK) stock saw great volatility Tuesday afternoon on news that Marcato Capital Management threatened dramatic changes to the board if the company failed to pursue a sale. The activist investor owns 6 percent of Deckers shares. “While we typically seek to work...
-
Marcato Capital Management Founder Explains: Seeking Removal Of Bank Of New York Mellon's CEO
Wednesday, March 11, 2015 - 7:46am | 395Read More...Activist investor Marcato Capital Management LP, which has a 1.6 percent stake in Bank of New York Mellon Corp (NYSE: BK) according to its latest SEC filing, sent a letter on Monday to the lead independent director of the bank calling for the ouster of its CEO. Mick McGuire, founder of Marcato...
