Engaged Capital Surges in First Half

The activist hedge fund benefited from the sale of Del Frisco’s and last year’s aborted deal for Rent-A-Center.

Illustration by II

Illustration by II

Engaged Capital may be smaller and less well known than some other activist hedge fund firms — but it has been one of the most aggressive players in recent years.

And this year it is delivering for its investors. The firm headed by Glenn Welling posted a 10 percent gain in the second quarter.

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