March 10, 2014

Okapi’s Michael Fein Featured in The Deal

The booming activist scene has prompted proxy solicitation firm Okapi Partners LLC to hire Michael Fein as a Senior Managing Director to lead business development efforts. Fein was a Principal and Founder of Midway Management Partners, a private investment firm that invested more than $500 million and raised capital from institutional and individual investors through an international multifund platform. He joined Midway in April 2003.

Fein began his career with Prudential Asset Management Co. and was Director of Marketing for its autonomous subsidiary, Matrix Capital Management. He later traded equity derivatives as an American Stock Exchange member and was a Portfolio Manager of a technology-focused fund.

Okapi is the information agent for Elliott Management Corp., which made an unsolicited bid for Riverbed Technology Inc. Elliott first bid $19 per share, then raised it to $21 per share, putting the deal value around $3.4 billion. Riverbed rejected the offer last month.

A few more deals Okapi has worked on include Bain Capital’s $1.8 billion acquisition of Gymboree Corp.; Danaher Corp.’s acquisitions of Beckman Coulter Inc. for $5.8 billion, Iris International for $355 million and X-Rite Inc. for $650 million; Silver Lake Management LLC’s $24.9 billion buyout of Dell Inc.; Xstrata plc’s acquisition by Glencore International plc for $41 billion; TPG Capital on its $3 billion buyout of J.Crew Group Inc.; and Green Mountain Coffee Roasters Inc. on its acquisition of Diedrich for $290 million.

Okapi was founded by former Georgeson Inc. Senior Managing Directors Patrick J. McHugh and Bruce H. Goldfarb in 2008.

Movers & Shakers [The Deal]