In the first half of 2024, there were 147 new activist campaigns globally, representing a 29% increase over the historical five-year average, marking the busiest half-year on record. Continued momentum in North America and Europe, along with a spike in APAC, fueled this activity. A new generation of activists has emerged, with some already launching successful campaigns and others expected to ramp up activity later in 2024. Discover our findings below:
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Activism in 2024 is off to a record pace! Global campaigns are 29% above the historical average. Driving this surge is a record number of "first-timers" launching campaigns (46% of campaigns), as the types of activist agitators continue to diversify. "Next generation" activist PMs are leaving large and established funds to launch new ones, demonstrating that it does not take a multi-billion AUM to make an outsized impact. Furthermore, for Boards of Directors, the data on the consequences of activism should serve as a call to action. When targeted by an activist, a company is 2X as likely to be sold or broken up, and the CEO is more than 2X as likely to be replaced. With these threats around the corner for any company, it has never been more important to be organized, prepared, and rehearsed so that you can maintain control of the situation when the company comes under fire from a shareholder.
In the first half of 2024, there were 147 new activist campaigns globally, representing a 29% increase over the historical five-year average, marking the busiest half-year on record. Continued momentum in North America and Europe, along with a spike in APAC, fueled this activity. A new generation of activists has emerged, with some already launching successful campaigns and others expected to ramp up activity later in 2024. Discover our findings below:
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Last year registered near record levels of #shareholderactivism and there's no reason to expect that 2024 won't bring more of the same. Activists' strategies and tactics – and companies' responses to them – continue to evolve. That makes it even more important for companies to understand who the activists are and what makes them tick. Join our very own Sydney Isaacs and experts from Spotlight Advisors, Morrow Sodali, and Joele Frank as they cover this year's market dynamics as they relate to: * Lessons from 2023's Activist Campaigns * What to Expect from Activists This Proxy Season and How to Prepare * Experience Under Universal Proxy in 2023 and Implications for 2024 * Evolution of Activist Strategies and Tactics You can use this link https://lnkd.in/eYV2Z924 to join the online session on Tuesday February, 6 at 2:00pm EST.
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Why businesses should bring the activist generation on board for future success.
How to Build a Net-Zero Workforce Today
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Why businesses should bring the activist generation on board for future success.
How to Build a Net-Zero Workforce Today
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Why businesses should bring the activist generation on board for future success.
How to Build a Net-Zero Workforce Today
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Why businesses should bring the activist generation on board for future success.
How to Build a Net-Zero Workforce Today
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Why businesses should bring the activist generation on board for future success.
How to Build a Net-Zero Workforce Today
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Why businesses should bring the activist generation on board for future success.
How to Build a Net-Zero Workforce Today
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A Website Can Change the World for Youth. Here's How In honor of International Youth Day, we want to highlight websites and organizations that have positively impacted youth worldwide. From educational sites to youth-led activism, we've got it covered. Comment below with a website that has impacted you as a youth!
