Platform Partners Wants to Change the Management Team of Macquarie Korea Infra Fund
June 26, 2018 at 12:00 am EDT
On June 26, 2018, Platform Partners announced that it has started going ‘activist’ on Macquarie Korea Infra Fund, which currently has a market cap of 3.1 trillion won. Platform Partners stated that it wants to change the management team of the Fund. The Platform Partners stated that the management of the Fund received excessive compensation and have not been acting in the best interests of the shareholders.