Hedge Fund - Legion Partners Asset Management

Established in 2012, Legion Partners Asset Management is a California-based hedge fund managed by Raymond White, Christopher Kiper, and Bradley Vizi. The firm offers investment management and consulting services to public and corporate pension funds, taxable and corporate funds, high-net-worth individuals, family foundations, and other institutional clients. Specializing in corporate governance and activism, Legion Partners employs a deep value investment approach with a long-term ownership horizon, actively engaging with portfolio companies to enhance shareholder value. This may involve board representation, influencing company policies, or advocating specific business strategies.

Raymond Theodore White founded Legion Partners Asset Management LLC in 2012, serving as Managing Director at its inception. Since 2024, he has also been an Independent Director at Clear Channel Outdoor Holdings, Inc. Mr. White holds an MBA from California State University.

Christopher Kiper is a Managing Director at Legion Partners Asset Management, LLC. He brings extensive experience from his previous roles at Shamrock Capital Advisors, Ridgestone Corporation, Global Crossing, and Ernst & Young LLP. Mr. Kiper holds a BSBA in Accounting from the University of Nebraska at Omaha, earned between 1989 and 1993.

Legion Partners Asset Management manages discretionary assets totaling $445,997,000, as reported in their Form ADV dated February 2024. Serving 6 clients, the firm reported $431,887,144 in managed 13F securities for Q1 2024, with a top 10 holdings concentration of 92.66%. Their largest holding is Advance Auto Parts, Inc., comprising 772,950 shares.