Activist Investor Renews Attack on Colony Capital

An activist investor has launched a fresh attack on Colony Capital’s chief executive Thomas Barrack Jr., criticizing his ‘terrible track record’ and ineffective leadership. Blackwells Capital, which owns a nearly 2% stake in investment firm Colony, published a letter Thursday accusing Barrack of overseeing the destruction of more than $7bn of shareholder value in recent…

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Activist Investor Renews Attack on Thomas Barrack’s Colony Capital

An activist investor has launched a fresh attack on Colony Capital Inc.’s chief executive Thomas Barrack Jr., criticizing his ‘terrible track record’ and ineffective leadership. Blackwells Capital LLC, which owns a nearly 2% stake in investment firm Colony, published a letter Thursday accusing Mr. Barrack of overseeing the destruction of more than $7 billion of shareholder value in recent…

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