Former Moelis, Barclays activism defense bankers to build business at Jasper Street

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Jasper Street Partners News

Duncan Herrington,Peter Da Silva Vint,Silva Vint

Two Wall Street bankers are joining Jasper Street Partners to build the firm's practice helping clients defend against activist investors by identifying...

NEW YORK - Two Wall Street bankers are joining Jasper Street Partners to build the firm's practice helping clients defend against activist investors by identifying vulnerabilities, navigating proxy contests and managing public pressure campaigns.

Started in 2020, the firm, which this month changed its name from Sustainable Governance Partners, was conceived in a coffee shop on Jasper Street in Media, Pennsylvania, and has offices in Pennsylvania and New York. The two men reunite at Jasper Street as demand picks up from companies facing agitators like Carl Icahn and Nelson Peltz as well as other interests like unions. A record number of activist campaigns were launched in the first half of the year including at Southwest Airlines, JetBlue and Walt Disney.

Berger Montague PC, a Toronto-based law firm that focuses on representing investors in cross-border shareholder disputes, announces that a shareholder class action was issued against Chesswood Group Limited a company that is subject to the disclosure rules created by the Province of Ontario's Securities Act.

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