Hedge Fund Awards 2016
http://www.acquisition-intl.com/hedge-fund-awards 46 ~ Best Long-Term Activist Investor - USA & Best Activist Fund (Under $1bn): Barington Companies Equity Partners, L.P. Barington Capital Group, L.P. is a fundamental, value-oriented activist investor with a 15-year record of enhancing long-term shareholder value. Barington invests in undervalued publicly traded companies that the company believes could appreciate significantly in value as a result of changes in corporate strategy or improvements in operations, capital allocation or corporate governance. Barington brings a private equity approach to undervalued companies. Barington’s investment team, senior advisors and network of industry experts draw upon extensive strategic, operating and boardroom experience to assist companies in designing and implementing initiatives to improve long-term shareholder value. In October 2015, HFM named Barington “Best Event Driven Hedge Fund Under $1 Billion” Barington seeks to deliver superior results through: • Identifying attractive undervalued companies with significant upside potential that is not being realized; • Developing a detailed plan to unlock value, encompassing operations, strategy and corporate governance; • Effectively engaging with board directors and management to support and execute their plan; • Taking further steps to improve a company’s long-term financial performance and corporate governance. Profile of James A. Mitarotonda, CEO of Barington James Mitarotonda is a highly regarded value-oriented activist investor. Mr. Mitarotonda currently serves as a director of A. Schulman, Inc., The Pep Boys - Manny, Moe & Jack, OMNOVA Solutions Inc., The Eastern Company and Barington/Hilco Acquisition Corp. He is also a former director of a number of publicly traded companies, including The Jones Group, Griffon Corporation, Gerber Scientific, Inc., Register.com, Inc., Sielox, Inc. and Ameron International Corporation. Mr. Mitarotonda began his career with positions at Bloomingdales and Citibank and subsequently was co-founder, Chairman and CEO of Commonwealth Associates (now Comvest). He received a B.A. in econom- ics from Queens College, where he serves as a member of the Board of Trustees, and an MBA from New York University’s Stern School of Business. Barington is highly regarded for its effectiveness as an activist investor as seen in the following quotes... “[Barington] remains one of the longest-running governance-focused activist hedge funds in action today and has had a major impact on dozens of corporations….[Barington’s] primary focus is on having the company make structural, long-term operational improvements.” The Daily Deal, January 27, 2014 “Barington has a proven track record of successful investments. Barington....prefers to work constructively with the board and management to effect change....We highlight that this activist is not a ‘hit and run’ activist and in- stead has a history of working with companies over multi-year periods.” - APB Financial Group, January 30, 2015 “[Barington is] a realistic, long-term investor….[who] really represents the shareholder’s interests” - Joe Gingo, Chair and former CEO, A. Schulman, quoted in The Daily Deal, January 27, 2014 Company: Barington Capital Group Name: James A. Mitarotonda Email:
[email protected] Web Address: www.barington.com Address: Barington Capital Group, L.P, 888 Seventh Avenue, 17th Floor, New York, NY 10019 Telephone: 001 (212) 974-5708 Barington Capital Group
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