Tag: BlackRock

The PE Model Is Unsustainable

The PE Model Is Unsustainable

PE firms can’t cut their way to prosperity in perpetuity.  Strategic Acquirers We applaud when strategic acquirers defeat PE buyers for coveted assets (for a list of strategic acquirers that do M&A well click here). Our rationale is that strategic acquirers are typically motivated to optimize acquired assets so as to maximize ROIC over the … Continue reading The PE Model Is Unsustainable

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Corporate Governance & Communicating Your Long-Term Strategy

Corporate Governance & Communicating Your Long-Term Strategy

BlackRock (tkr: BLK) is going "activist" within the passive investment (i.e. index funds) side of their house. Regardless of whether or not you agree with the approach (we don't entirely agree with the social activist element nor the activist approach to passive funds) there is great merit to the idea of holding public company management … Continue reading Corporate Governance & Communicating Your Long-Term Strategy