With Activist Win at Kohl’s, Legion Brings Home Gains

The California hedge fund is focused on turning around retailers.

(Dustin Chambers/Bloomberg)

(Dustin Chambers/Bloomberg)

Legion Partners refuses to believe retailing is dead, and is being rewarded for its efforts.

Coming off a successful activist play at Kohl’s, the California hedge fund gained 15.6 percent during the first quarter, according to a letter to investors that Institutional Investor has obtained.


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