NORTHBROOK, Ill., Jan. 5 /PRNewswire/ -- The Activist Investor (TAI), an advisory firm specializing in advising investors in using shareholder activism for turnaround of underperforming companies, opens for investor clients in January 2010. Michael R. Levin, an investor with experience in numerous activist situations, founded TAI and leads its consulting efforts.
TAI works with investors who want a constructive voice in the strategy and direction of their portfolio companies. TAI provides the range of services investors need for such a turnaround, including:
- Strategy and planning.
- Financial analysis of benefits and costs of activist efforts.
- Selection and coordination of other advisors (legal, proxy solicitors, communications).
- Representation and monitoring in activist efforts.
TAI delivers advice and resources for investors of all types, including fund managers, institutions, and family offices, which need to turnaround an underperforming company.
"Most investors are good at buying stocks, and many are good at selling them, but few know what do to in-between. TAI fills that gap," said Mike Levin. "TAI has a bias toward helping investors and management work together, not as adversaries, to avoid costly and distracting proxy battles and litigation. Yet we remain willing and able to fight hard to defend investor interests when management ignores our efforts."
TAI expects investors to step up their activist efforts in 2010, as regulatory changes will likely favor shareholders. Proxy access, say-on-pay, and broker non-vote provisions will all receive attention in 2010. TAI will provide expertise to clients as these regulations emerge.
Mike Levin has substantial expertise in shareholder activism and turnaround situations, in many activist efforts. He has 25 years' experience as an investor, corporate financial executive (Nicor, Fiat), and management consultant with leading professional services firms (Towers Perrin, Deloitte). He is a graduate of the University of Chicago, with bachelor's and master's degrees in economics.
TAI also maintains a website (www.theactivistinvestor.com) with resources for investors interested in shareholder activism. The website features a white paper by Mike Levin that explains the basics of shareholder activism for sophisticated investors.
Mike Levin is available for comment on developments at the Securities and Exchange Commission, Delaware corporate law, and specific activist situations at firstname.lastname@example.org or 847.830.1479. He has expertise in corporate governance, executive compensation, and boards of directors.
SOURCE The Activist Investor