December 19, 2014 8:52 PM ET

Capital Markets

Company Overview of Clinton Group, Inc

Company Overview

Clinton Group, Inc is an employee owned investment manager. It provides its services to funds, the managed accounts, the trust series, and structured product vehicles. The firm manages separate client-focused portfolios. It invests in the public equity and fixed income markets. For its fixed income investments, the firm invests in credit and asset backed securities. The firm employs long/short equity strategy to make its investments. For its equity investments, it employs combination of fundamental and quantitative analysis to create its portfolios. Clinton Group, Inc was founded in 1991 and is based in New York, New York with additional offices in Tinton Falls, New Jersey, Washington, Distr...

601 Lexington Avenue

51st Floor

New York, NY 10022

United States

Founded in 1991

Phone:

212-825-0400

Fax:

212-825-0079

Key Executives for Clinton Group, Inc

Chief Executive Officer
Age: 54
Chief Financial Officer and Director
Age: 50
Managing Director and Head of Credit Research
Portfolio Manager and Managing Director
Senior Vice President and Portfolio Manager
Age: 29
Compensation as of Fiscal Year 2014.

Clinton Group, Inc Key Developments

Clinton Seeks Atlantic Power To Explore Sale Again

Atlantic Power Corporation (TSX:ATP) has denied the plans to sell itself. Atlantic Power said it had not received any offers that it believed could be consummated at or above the closing share price of $3.04 on May 1, 2014 before rumors of a sale began circulating. Clinton Group, Inc said urged directors to restart a recently completed strategic review process, saying it believed it would be possible to carry out a sale transaction at above $4.00 a share. Atlantic Power share went down by 2.79% at $2.44.

Clinton Group To Restart Sale Process For Atlantic Power

Clinton Group, Inc. to restart a sale process it abandoned last month to sell Atlantic Power Corporation (TSX:ATP), according to a draft letter to the Board of Directors seen by Reuters.

Nutrisystem Could Be Offered $23 Per Share

Clinton Group, Inc said that private equity firm could pay $23 per share for Nutrisystem, Inc. (NasdaqGS:NTRI). In a letter to Nutrisystem, Clinton Group said, "We stand by our suggestions to do a leveraged buyback or increase the dividend today, but recognize that such transactions may not be enough to cure the valuation discount in the equity markets. We believe therefore the Board should consider carefully whether Nutrisystem should remain a public company at all. We are aware of private equity firms that are interested in discussing a buyout in which the current management team would remain in place but the company would be privately held. Given the Nutrisystem's superior brand and cash flow prospects for the business, we believe such a going-private transaction could garner a substantial premium for the public market investors while affording the private equity buyer of Nutrisystem attractive returns. We have modeled that a private equity firm could pay $23 per share for Nutrisystem (a 50% premium to today's prevailing prices) and still reasonably expect to earn an IRR above 20%. In the meantime, we urge the company to use its cash to buy back its own stock at these attractive prices. Obviously, the more stock that you buy at these prices, the more a private equity buyer can pay in a going-private transaction for the remainder of the outstanding stock."

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September 3, 2014
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