Activist Mick McGuire Is One of This Year’s Biggest Losers

Two of his Marcato Capital hedge funds — big winners last year — have fallen around 10 percent in 2018.

June 12, 2018

Mick McGuire, founder of Marcato Capital Management LLC. (Amanda Gordon/Bloomberg) — Mick McGuire, founder of Marcato Capital Management LLC.

After running two torrid proxy battles and trouncing the broader markets in both of his hedge funds in 2017, activist hedge fund manager Mick McGuire of Marcato Capital Management has fallen into the losers camp this year.

McGuire’s Marcato International and Marcato Encore funds are among the top 20 worst performers on HSBC’s latest list of weekly hedge fund performance, dated June 4 to 8.

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