Legion Partners specializes in long-term investing and building relationships with portfolio companies. They conduct research to identify undervalued companies and engage with management and boards to improve performance. Legion Partners may also collaborate with institutional investors on policy issues. They focus on small-cap companies and typically hold investments for more than a year.
Fee Structure
Legion Partners charges a combination of management fees and performance-based fees. The management fee is a percentage of the net asset value. The performance-based fee is a percentage of investment profits, calculated using either an absolute return or hurdle-based methodology. Fees may be negotiable in certain circumstances, such as for portfolios with a substantial amount of assets.