Feb
01

Wall Street Veterans Braunstein, Woolery Turn Activist Investors

By

Douglas Braunstein

Photographer: Andrew Harrer/Bloomberg
  • Former JPMorgan bankers buy into lenders, medical-device firms
  • Fund vows not to mount proxy battles or public campaigns

If you can’t beat ’em, join ’em. Or at least closely replicate their strategy.

Douglas L. Braunstein and James C. Woolery, who, as Wall Street deal makers, spent years working with corporations to head off the demands of activist shareholders, announced Monday they had bought shares in six companies with an eye to producing “constructive engagement.”…

Wall Street Veterans Braunstein, Woolery Turn Activist Investors

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