Ancora Alternatives’ activist practice initially targeted micro-cap companies, with the goal of developing our investment team and track record through internal idea generation. 2018 marked a strategic shift to focus on larger companies, generating approximately 80% of ideas from external sources. With institutional investors, Ancora Alternatives now seeks to elect primarily third-party independent and high-quality directors to help refine governance processes.
Along with two other shareholders, Ancora leverages its stake in Element Fleet Management to successfully appoint two new independent directors to the company’s board.
Ancora successfully appoints two independent directors to retailer Big Lots.
Ancora Alternatives' activist assets exceed $500M.
Ancora begins engagement with Darling Ingredients but exits due to significant stock price increase.
Ancora adds three independent directors to board of Kohl’s and successfully campaigns to remove underperforming CEO.
Ancora adds two independent directors to board of C.H. Robinson and successfully campaigns to remove underperforming CEO.
Ancora Alternatives’ activist assets exceed $1B in value.
Ancora successfully advocates for a sale of IAA, supported RB Global’s purchase of IAA, and seats one director on the combined company’s board.
Ancora successfully accelerates a board refresh at Mueller Water Products, seating two independent directors.
Ancora runs a campaign at Norfolk Southern, which results in the election of three of its directors to the railroad’s board.
