NEW YORK, Sept. 29, 2015 /PRNewswire/ -- Activist hedge fund manager Barington Capital Group, L.P. today announced that industry veteran Marjorie Kaufman has joined the firm as a partner in charge of marketing and investor relations. Ms. Kaufman's mandate is to bring Barington's impressive 15-year record as an activist investor to the family office and institutional markets.
Ms. Kaufman brings extensive capital raising and relationship management experience to Barington. Most recently, she was Managing Director and Head of Marketing at Guggenheim Global Trading, a multi-strategy hedge fund. Previously, she served as a Managing Director with Golden Seeds, helping emerging companies secure financing. From 2003 through 2010, Ms. Kaufman was Managing Director and Head of Marketing and Investor Relations with Kingdon Capital, where she served as a member of the Management Committee, raised over $5 billion in assets, managed relationships with several hundred global investors and built out the firm's marketing and client service infrastructure. During her nearly eight-year tenure with Kingdon, Ms. Kaufman was recognized in 2010 as one of the 50 Leading Women in Hedge Funds by the Hedge Fund Journal. Prior to that, Ms. Kaufman was a Senior Vice President with J&W Seligman and a Managing Director at Towneley Capital. She began her career as an investment banker with Bankers Trust and Prudential-Bache, focused on M&A and ESOP transactions.
Ms. Kaufman holds a BA magna cum laude from the University of Pennsylvania and an MBA from the University of Chicago Booth School of Business. She has been a CFA charterholder since 1996. Ms. Kaufman currently serves as Chair of the Hilltop Cares Foundation and as a Director of the Young Women's Leadership Network. Ms. Kaufman has been a longtime Angel supporter of 100 Women in Hedge Funds and was a founding director of High Water Women.
James A. Mitarotonda, Chairman and CEO of Barington, stated, "We are delighted to welcome Marjorie to our firm. Given the many attractive candidates we now see for our value-oriented activist strategy, we believe that we are well positioned for growth with the addition of Marjorie to our team. She brings superb skills to our firm, drawing upon her background as an investment banker and her global investor relationships."
About Barington Capital Group, L.P.:
Barington Capital Group, L.P. is a fundamental, value-oriented activist investment firm led by veteran activist investor James A. Mitarotonda. Barington invests in undervalued publicly traded companies that Barington believes could appreciate significantly in value as a result of a change in corporate strategy or improvements in operations, capital allocation or corporate governance. Barington's investment team, senior advisors and network of industry experts have extensive strategic, operating and boardroom experience that they utilize to assist companies in designing and implementing initiatives to improve long-term shareholder value.
This announcement shall not constitute an offer to sell, or a solicitation of any offer to buy, any security, including an interest in any fund managed by Barington Capital Group, L.P. or one of its affiliates. Any offer or solicitation of an investment in a fund may be made only by delivery of the fund's confidential offering documents to qualified investors describing the offering and its terms. Prospective investors should rely solely on such offering documents in making any investment decision.
There are certain risks associated with an investment in a private fund which may not be suitable for all investors. For example, such an investment is often illiquid and subject to market and other risks and an investor could lose some or all of its investment. Any decision to invest should be made only after consulting with appropriate legal and tax advisors and reviewing the fund's confidential offering documents and other information deemed necessary to make an informed investment decision. No representation or warranty is made that a fund's risk management, investment process or investment objectives will or are likely to be achieved or successful or that the fund or the fund's underlying investments will make any profit or will not sustain losses. Past performance is no guarantee of future results. Fund interests will not be offered or sold to any person or in any jurisdiction in which such offer, solicitation or sale would be contrary to local law or regulation.
Jared L. Landaw
Chief Operating Officer
Barington Capital Group, L.P.
Head of Marketing and Investor Relations
Barington Capital Group, L.P.
SOURCE Barington Capital Group, L.P.