MIRI Activist Strategy
The MIRI – Market Interface Relational Investing - Strategy seeks to uncover high quality, growing businesses that in our view are undervalued, particularly within the target sectors of technology, health care, consumer, and industrials. We serve portfolio companies as free and friendly consultants. We identify management teams and owners that we believe are willing to implement our friendly recommendations designed to improve and internationalize reporting, investor relations, and governance. We make specific recommendations intended to increase the quantity and quality of public disclosures, to communicate clearly with market participants, including professional foreign investors, and to affirm alignment of interest with minority shareholders. We seek to invest in companies generating positive environmental and social impacts, and we encourage these companies to improve ESG policies and reporting.
The MIRI Activist Strategy is run as a concentrated portfolio focused on what we view as high conviction companies with upside potential that can be unlocked through the Firm's friendly activism ("consultavism"). The MIRI Strategy is employed wherever this type of inefficiency is uncovered, targeting smaller capitalization companies of the emerging and developed equity markets.