Innisfree Named Top Proxy Solicitor in Activism by Bloomberg and Insightia for 2022
Innisfree has been named Top Proxy Solicitor for 2022 on Bloomberg’s Global Activism Score Card, with 57 deals and a market stake of $11 billion. Innisfree represented clients in all five of the top new campaigns ranked by market cap, as noted by Bloomberg. Innisfree was also recognized as #1 proxy solicitor in Insightia’s “Advisor Awards 2022” for both Total Representations and Total Issuer Representations in activism situations.
2022 was an unpredictable, challenging year in activism, with a volatile market driven by inflation and rising interest rates. 2023 is likely to be even more demanding—with the required use of universal proxy cards in contests and the evolving role of environmental and social concerns in activism situations. Innisfree’s talent base has the proven expertise and commitment to success required to help our clients navigate an ever-changing activism landscape.
Innisfree supported a number of critical campaigns this year, including Huntsman in its defense against Starboard Value; Argo Group in its proxy contest against Capital Returns Management; McDonald’s in its defense against the campaign waged by Carl Icahn; Rio Tinto in its successful acquisition of Turquoise Hill Resources, despite opposition by Pentwater Capital Management and SailingStone Capital Partners; Kohl’s in its defense against Macellum; and Nielsen Holdings in completing its transaction with Elliott Investment Management and Brookfield Business Partners, despite opposition by The WindAcre Partnership.
We thank our clients and fellow advisors for another year of successful collaboration and look forward to maintaining our legacy of excellence in 2023 and beyond.
Founded in 1997, Innisfree M&A Incorporated (New York), along with its wholly-owned subsidiary Lake Isle M&A Incorporated (London), is a high-stakes shareholder engagement firm, delivering shareholder intelligence, strategic advice and proxy solicitation services to the world’s leading corporations and investors when it matters most. Its integrated approach and unsurpassed analytics–ActiveIQ™–set Innisfree apart as the firm of choice. Innisfree provides expert advice on a wide range of matters, including shareholder activism, executive compensation proposals, corporate governance issues and investor relations.
With an experienced professional staff in New York, London, Pittsburgh and Richmond, VA, Innisfree has represented hundreds of clients in over 20 countries. www.innisfreema.com
Innisfree M&A Incorporated
Arthur B. Crozier, 212-750-5833