13D Filing: Steel Partners and Babcock & Wilcox Enterprises Inc (BW)
Babcock & Wilcox Enterprises Inc (NYSE:BW): Warren Lichtenstein's Steel Partners filed an amended 13D.
You can check out Steel Partners' latest holdings and filings here.
Steel Partners is a diversified global holding company with operations in industrial products, energy, defense, supply chain management, logistics, banking, and youth sports. The company collaborates with its portfolio companies to enhance long-term corporate value for stakeholders and shareholders.
Warren G. Lichtenstein, who co-founded Steel Partners in 1990, runs the company. Known for focusing on long-term and active value investments, he works closely with the management of portfolio companies to develop corporate value. Lichtenstein has a reputation for being aggressive and pursuing short-term positions for quick gains, which has led some to label him a corporate raider. Since 2007, Lichtenstein has served as Chairman of the Board, President, and CEO of Steel Partners. Before Steel Partners, he was an acquisitions and arbitrage analyst at Ballantrae Partners, L.P. from 1988 to 1990, and an analyst at Para Partners, L.P. He holds a BA in Economics from the University of Pennsylvania.
Steel Partners Holdings reported $44,458,345 in managed 13F securities for Q1 2024, with a top 10 holdings concentration of 100%. The largest holding is Steel Connect Inc., with 2,017,689 shares.
