![]() ![]() ![]() G., Opalesque Geneva: The longevity biotech market is coming to the fore as we are living longer, but not necessarily more healthily.Īccording to, a non-profit site, interfering with ageing by slowing it and even reversing it is now, based on scientific consensus, possi Opalesque Exclusive: Longevity biotech a lucrative market for investors ī.G., Opalesque Geneva for New Managers: Investors withdrew large amounts from their public equity allocation last year, reconsidered fixed-income assets and made significant moves in private markets (private equit Opalesque Exclusive: New early-stage VC fund seizes the day and spreads the message (Part 1) ī.Generating power from renewables is only a part of th G., Opalesque Geneva: Energy transition - a wide term that conveys the adoption of solar panels, wind turbines, and the gradual closing of oil wells and coal pits - is a journey that is not without its bumps and blocks and bottlenecks. The Big Picture: Energy transition-focused hedge fund sees macro risks in the near term ī.Since its previous letter in February, Ortelius has tried to engage with Trecora's board with proposals to add several individuals with focused industry and capital markets experience to the board, and with a plan to improve. These returns are a result of operational missteps, poor capital allocation decisions, and missed strategic opportunities. But the stock price has chronically underperformed its peers, relevant indices, and the market. The investor believes that Trecora has significant upside potential based on its high-quality assets, the letter says. Ortelius owns approximately 11.3% of the outstanding common stock of Trecora, making it the company's largest stockholder. They are "rather aimed at providing Ortelius a special, substantial economic interest in Trecora, or control of Trecora, without Ortelius providing a premium to other shareholders." They have considered most of Trecora's proposals and found them to have no supporting plans. That is not true, replied the petrochemical company the next day. The investor claims that Trecora's results are disappointing and that the company refuses to consider Ortelius' proposals and director candidates. Ortelius Advisors, an activist hedge fund based in New York City, has this week delivered an open letter to stockholders of Trecora Resources, a petrochemicals company based in Texas. Horizons: Family Office & Investor MagazineĪlternative Market Briefing Activist hedge fund Ortelius confronts Trecora Resources.Opalesque Roundtable Series - Archive (all).
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