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01

Wall Street Veterans Braunstein, Woolery Turn Activist Investors

By Tony Seruga

Douglas Braunstein

Photographer: Andrew Harrer/Bloomberg

Former JPMorgan bankers buy into lenders, medical-device firms
Fund vows not to mount proxy battles or public campaigns

If you can’t beat ’em, join ’em. Or at least closely replicate their strategy.

Douglas L. Braunstein and James C. Woolery, who, as Wall Street deal makers, spent years working with corporations to head off the demands of activist shareholders, announced Monday they had bought shares in six companies with an eye to producing “constructive engagement.”…

Wall Street Veterans Braunstein, Woolery Turn Activist Investors

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