Voce Capital ran by Daniel Plants (former Goldman Sachs guy) has gone active on FBR with a 5.1% stake. Voce had a solid win over the last year with Oplink. Their thesis at FBR is that the shares are undervalued and they plan on having some conversations about…”capital allocation policies, optimization of its capital structure and improvements to its corporate governance, among other opportunities.”
One key is that FBR could shut down its investing division. FBR is the $175 million market cap investment bank.
At this year's SALT New York conference, Wences Casares, the chairman of XAPO, and Peter Briger, the principal and co-chief executive officer of Fortress Investment Group discussed the macro case for Bitcoin. Q2 2021 hedge fund letters, conferences and more XAPO describes itself as the first digital bank of its kind, which offers the "convenience" Read More