Toshiba Corp., Kirin Holdings Company Limited, Kyushu Railway Company — there’s a growing list of companies in Japan that have made significant changes in response to activist involvement, reflecting a cultural shift both domestically and the way outside investors approach their targets. With Riken Vitamin Co., Ltd. and Hazama Ando Corporation, there may soon be more Japanese companies following the same trend.
CorpGov and The Palm Beach Hedge Fund Association hosted a live fireside chat with the founder of Converium Capital on Wednesday, June 23 at 2 pm EDT. The live event features Aaron Stern, who will discuss his views on recent shareholder activism trends in Japan, joined by CorpGov Editor-in-Chief John Jannarone and Editor-at-Large Jarrett Banks. The video session runs approximately 45 minutes and includes a Q&A with the audience.
Mr. Stern discusses:
- Insights from past investments and campaigns at companies including Toshiba Corp., Kirin and JR Kyushu.
- Previously undisclosed new situations he is currently involved in – Riken Vitamin Co., Ltd. and Hazama Ando Corporation – and where he thinks the Japanese activism market will go from here.
About the Speaker:
Aaron co-founded event-driven hedge fund Converium Capital last year. Previously he ran distressed, special situations, and event-driven investments at Fir Tree. He’s been a contrarian since his father introduced him to investing and let Stern manage the family’s college savings when Stern was still in his teens.