People Really Didn’t Like Fannie Mae and Freddie Mac

By Blackwells Capital | February 19, 2019 | Comments Off on People Really Didn’t Like Fannie Mae and Freddie Mac

Can the government commit securities fraud?” is one question that is raised by Gretchen Morgenson’s column about Fannie Mae and Freddie Mac this weekend. Fannie and Freddie seem to be having a cultural moment, with their hedge fund defenders — Perry Capital, Pershing Square and, I guess, Fairholme — being joined by otherwise non-hedge-fundy types…

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Tom Barrack’s Colony Agrees to New Directors and a Strategic Review

By Blackwells Capital | February 11, 2019 | Comments Off on Tom Barrack’s Colony Agrees to New Directors and a Strategic Review

Colony Capital Inc., the investment firm run by Tom Barrack, reached an agreement with one of its investors that will see it add directors and conduct a strategic review. The Los Angeles-based company said in a statement Monday that Raymond Mikulich and Craig Hatkoff will join its board immediately as part of a pact with…

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Supervalu Settles with Shareholder Activist Blackwells

By Blackwells Capital | July 31, 2018 | Comments Off on Supervalu Settles with Shareholder Activist Blackwells

Supervalu Inc. has settled with an activist shareholder group as the food distributor prepares to sell itself to a rival later this year. The agreement puts an end to a roughly nine-month campaign by Blackwells Capital LLC, an investment fund, to overhaul the Minneapolis-based company’s operations. It comes about a week after Supervalu agreed to…

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