Andrew Shapiro - Your Instructor at Small-Cap Investing Summit
Andrew Shapiro is Founder, President and Portfolio Manager of Lawndale Capital Management, an investment advisor that has managed activist hedge funds focused on small- and micro-cap companies for over 19 years, one of the longest periods of experience deploying an activist/relational investment strategy today.
Andrew's proactive ownership approach has been effective in directly creating and unlocking shareholder value in Lawndale's portfolio companies and has contributed to Lawndale's activist funds often being ranked among the top event-driven and small-cap value funds in peer databases for long-term performance.
In addition to leading Lawndale, Andrew has also served as a Director or Observer on portfolio company boards and debt and equity bankruptcy committees.
Andrew is a member of the National Association of Corporate Directors (NACD) and, via Lawndale, has been a long-time Sustaining Member of the Council of Institutional Investors (CII).
has more than two decades of portfolio management and analytically varied experience from a number of "buy-side" positions, employing a rare combination of credit, legal and equity analytic and workout skills.
Prior to founding the Lawndale organization in 1992, Andrew managed the workout and restructuring of large portfolios of high-yield bonds, distressed equities and risk arbitrage securities for the Belzberg family's entity, First City Capital.
Before joining First City, Andrew was involved in numerous highly leveraged corporate acquisition and recapitalization transactions for both Manufacturers Hanover Trust and the Spectrum Group, a private equity firm.
Andrew received his JD degree from the UCLA School of Law where he was an Olin Fellow, an MBA from UCLA's Anderson Graduate School of Management where he was a Venture Capital Fellow and a BS in Business Administration from UC Berkeley's Haas School of Business, where he has taught finance courses and frequently guest lectures.
was recently selected to the 2012 NACD Directorship 100, a list of the most influential leaders in the boardroom and corporate governance community.
is often quoted on matters of corporate governance, fiduciary duty and activist investing and has been the subject of several articles, including a Business Week article in 2000 calling him "The Gary Cooper of Governance".
Andrew is a Contributing Author at Seeking Alpha.
's funds in 1993 with only $188,000 under management and through performance and added capital has grown the firm's managed assets substantially.