HOLDCO ASSET MANAGEMENT TO PRESENT AT UBS FINANCIAL SERVICES CONFERENCE IN KEY BISCAYNE, FLORIDA; RELEASES PRESENTATION
MWN-AI** Summary
HoldCo Asset Management, LP, a Florida investment firm overseeing approximately $2.8 billion in regulatory assets, will present at the UBS Financial Services Conference in Key Biscayne, Florida. The firm has introduced a presentation titled "Bank Activism – UBS Financial Services Conference," detailing its recent public activist campaigns with five banks: KeyCorp, Comerica Inc., Columbia Banking System, Eastern Bankshares, and First Interstate BancSystem.
In addition to these campaigns, HoldCo is engaging in "soft activism" with four other institutions: Central Pacific Financial Corp., TrustCo Bank Corp NY, Capitol Federal Financial, and Heritage Commerce Corp. These engagements do not involve public proxy contests, instead focusing on behind-the-scenes dialogue aimed at improving bank operations.
Co-founders Vik Ghei and Misha Zaitzeff assert that the firm has seen successful outcomes from its activist initiatives, as management teams across the targeted banks have already made significant changes, altering their strategic directions. Consequently, HoldCo has opted not to pursue proxy contests for the mentioned banks, as dialogue has yielded positive results.
The firm encourages market participants to review the accompanying presentation that documents its engagement efforts with these nine financial institutions. It's essential to note that the funds managed by HoldCo and its affiliate maintain economic interests in the securities of these institutions.
The comprehensive presentation is available at HoldCo's website, and includes a disclaimer regarding forward-looking statements, emphasizing the need for market participants to exercise caution. Overall, HoldCo's proactive stance in the banking sector demonstrates its commitment to fostering positive change through meaningful dialogue and engagement.
MWN-AI** Analysis
HoldCo Asset Management's upcoming presentation at the UBS Financial Services Conference provides market participants with valuable insights into the firm's strategic approach to investments in the banking sector. With approximately $2.8 billion in assets under management, HoldCo’s foray into activist investing has proven effective, as indicated by their recent campaigns targeting several banks.
Key takeaways from HoldCo's initiative include their decision to withdraw from potential proxy contests due to productive dialogues with management teams across five institutions: KeyCorp (NYSE: KEY), Comerica Inc. (NYSE: CMA), Columbia Banking System (NASDAQ: COLB), Eastern Bankshares (NASDAQ: EBC), and First Interstate BancSystem (NASDAQ: FIBK). This adaptability suggests an astute understanding of the market and an ability to foster constructive change without resorting to contentious shareholder battles.
The disclosed "soft activism" approaches involving Central Pacific Financial (NYSE: CPF), TrustCo Bank Corp NY (NASDAQ: TRST), Capitol Federal Financial (NASDAQ: CFFN), and Heritage Commerce (NASDAQ: HTBK) further underscore HoldCo's commitment to enhancing corporate governance within the banking sector. Such proactive engagement not only aligns with shareholder interests but also signals to other investors the potential for improved performance in these banks.
For investors, the key is to closely monitor the outcomes of HoldCo's engagements and overall market conditions in the banking sector which may be influenced by these activist strategies. Additionally, it may be prudent to assess the potential of the broader banking environment, especially in light of macroeconomic factors that could affect financial institutions’ performance.
In conclusion, HoldCo's presentation offers compelling insights for investors interested in the banking sector’s dynamics and such activist investment strategies may structurally align with long-term value creation. Keep an eye on the securities involved as potential upward price movements could arise from the positive changes influenced by HoldCo’s activism.
**MWN-AI Summary and Analysis is based on asking OpenAI to summarize and analyze this news release.
PR Newswire
FORT LAUDERDALE, Fla., Feb. 9, 2026 /PRNewswire/ -- Today, HoldCo Asset Management, LP ("HoldCo"), a Florida-based investment firm managing approximately $2.8 billion in regulatory assets under management, announced that the firm will present at the UBS Financial Services Conference in Key Biscayne, Florida and has issued a new presentation entitled "Bank Activism – UBS Financial Services Conference" in connection with the event. The presentation outlines five public activist campaigns the firm recently pursued with respect to the following banks: KeyCorp (NYSE: KEY), Comerica Inc. (NYSE: CMA), Columbia Banking System, Inc. (NASDAQ-GS: COLB), Eastern Bankshares, Inc. (NASDAQ-GS: EBC), and First Interstate BancSystem, Inc. (NASDAQ-GS: FIBK). It also provides updates on four behind-the-scenes "soft activism" engagements with respect to the following banks: Central Pacific Financial Corp. (NYSE: CPF), TrustCo Bank Corp NY (NASDAQ-GS: TRST), Capitol Federal Financial, Inc. (NASDAQ-GS: CFFN), and Heritage Commerce Corp (NASDAQ-GS: HTBK).
The presentation may be found at the following link:
https://holdcoam.co/UBS_Conference_Feb9
In the presentation, HoldCo disclosed that funds managed by it and an affiliate own securities of the institutions discussed therein and consequently have an economic interest in the price of the securities of those institutions.
Said HoldCo Co-Founders Vik Ghei and Misha Zaitzeff: "Over the past six months, we launched five public activist campaigns across the banking sector, each with a meaningful likelihood of progressing to a proxy contest at the respective upcoming shareholder meetings. We are pleased to report that, in every case, management teams and boards made substantive changes that meaningfully altered the trajectory of their institutions, and as a result, we will not be pursuing proxy contests at any of these five banks. In addition, we have engaged in constructive, behind-the-scenes dialogue with four other banks, and we are encouraged that each has already made material changes; we hope continued progress through 2026 will make further escalation unnecessary. Our engagement across these nine institutions is documented in the accompanying presentation, and we encourage market participants to review the materials."
About HoldCo Asset Management, LP
HoldCo Asset Management, LP is an investment adviser located in Fort Lauderdale, Florida. HoldCo was founded by Vik Ghei and Misha Zaitzeff. HoldCo currently has approximately $2.8 billion of regulatory assets under management.
Disclaimer
As of the publication date of this presentation, funds managed by HoldCo and a HoldCo affiliate have investments in securities issued by the institutions named therein. HoldCo and its affiliate may change their views about the investment positions at any time, for any reason or no reason, and at any time may change the form or substance of any of its related or unrelated investment positions. If it does so, it will not be under obligation to inform anyone and does not intend to do so unless required by law.
All content in this press release and referenced presentation represent the opinions of HoldCo and are for discussion and general information purposes only. HoldCo has obtained all information herein from publicly available sources, and such information is presented "as is," without warranty of any kind whether express or implied. All data and other information are not warranted as to completeness or accuracy and reflect HoldCo's views as of this date, all of which are accordingly subject to change without notice.
This document is not intended to be, nor should it be construed as, a marketing or solicitation vehicle for HoldCo or any fund managed by HoldCo, and it is not investment advice, an investment recommendation, or an offer to buy or sell or the solicitation of an offer to buy or sell any securities, including without limitation any interests in a fund managed by and/or associated with HoldCo. Any offer or solicitation may only be made pursuant to a private placement memorandum, agreement of limited partnership, or similar or related documents, which will only be provided to qualified offerees and should be reviewed carefully and in their entirety by any such offerees prior to making or considering a decision to invest in any HoldCo managed fund.
The information contained in this document may include, or incorporate by reference, forward-looking statements, which would include any statements that are not statements of historical fact. These forward-looking statements may turn out to be wrong and can be affected by inaccurate assumptions or by known or unknown risks, uncertainties and other factors. There can be no assurance that forward-looking statements will materialize or that actual results will not be materially different than those presented.
KeyCorp (NYSE: KEY)
Comerica Inc. (NYSE: CMA)
Columbia Banking System, Inc. (NASDAQ-GS: COLB)
Eastern Bankshares, Inc. (NASDAQ-GS: EBC)
First Interstate BancSystem, Inc. (NASDAQ-GS: FIBK)
Central Pacific Financial Corp. (NYSE: CPF)
TrustCo Bank Corp NY (NASDAQ-GS: TRST)
Capitol Federal Financial, Inc. (NASDAQ-GS: CFFN)
Heritage Commerce Corp (NASDAQ-GS: HTBK)
SOURCE HoldCo Asset Management
FAQ**
What specific strategies did HoldCo Asset Management employ in its public activist campaigns targeting banks like KeyCorp and Comerica Inc. to achieve meaningful changes without escalating to proxy contests, and how does "CMABV" factor into these strategies?
How does HoldCo Asset Management determine which banks to engage with for both public activist campaigns and "soft activism," and what criteria does the firm use to assess the potential for success in those engagements, particularly in relation to "CMABV"?
Can HoldCo Asset Management share insights on the financial and operational changes that occurred at the banks involved in their campaigns, and how does the concept of "CMABV" play a role in evaluating those changes' impact on future performance?
What lessons has HoldCo Asset Management learned from its recent engagements with banks regarding shareholder activism, and how might these lessons influence future strategies, especially when integrating "CMABV" into their investment approach?
**MWN-AI FAQ is based on asking OpenAI questions about Central Pacific Financial Corp New (NYSE: CPF).
NASDAQ: CPF
CPF Trading
-3.77% G/L:
$32.04 Last:
33,312 Volume:
$32.89 Open:
