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For Older Board Members, the Pressure to Move On
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Politan Capital Management Has Roughly $900 Million Stake in Centene

wsj.com

An activist investor has taken a big stake in Centene Corp. and wants the managed-care company to refresh its board and take other actions to boost its stock, according to people familiar with the matter. Politan Capital Management LP, a newly established hedge fund led by veteran activist Quentin Koffey, has a roughly $900 million stake in Centene and has spoken to the company about replacing several board members, the people said. It couldn’t be learned if Centene is receptive...

Mentions: Investment Management Hedge Fund