Not long ago, companies could reliably project when shareholder activists would strike — and ready their defenses in advance. As sure as the seasons would turn, proposals would begin to appear around the holidays, voting would follow in the spring, and proxy contests would be over by the start of the summer.
Planning to raise a private equity fund with your partners? It may not be your first investment vehicle, but if your new fund is larger than what you’ve worked on in the past — say, $500 million — you may find yourself navigating unfamiliar territory when dealing with institutional investors. See below for answers to what will likely be…
For activist investors pursuing environmental, social, or governance (ESG) goals, 2022 has not exactly gone according to plan. Indeed, the success of activist campaigns involving demands on environmental and social issues has fallen nearly 50 percent,* and support for these proposals from the two dominant proxy advisory firms has sharply declined as well.
For ESG activist investors, 2022 has not exactly gone according to plan. Yet the environment for ESG activism remains quite rich, and should provide activists with plenty of opportunities to advance ESG-oriented campaigns in the year ahead.
Tune in to see Vinson & Elkins LLP’s Shareholder Activism practice co-head, Lawrence Elbaum, discuss 2021’s shareholder activism rebound and what to look forward to in 2022 with Bloomberg TV.