… A global leader in the insurance and asset management business, AXA had risen to the top ranks … insurance firms. From the beginning, AXA’s CEO Claude Bébéar aspired to build the first global insurance brand. The company made a series of acquisitions in the 1990s, including … plan to grow the company. The plan called for harvesting slow-growing businesses in mature markets, investing in emerging markets, and reducing the company’s overall cost of …
… the trash because he would be embarrassed to show it to a partner.” In 2008, this was the investment strategy of Adam Blumenthal, founding partner of Blue Wolf Capital Management in … few buyers were interested, and it was slated for closure. But as Blumenthal considered the investment, he asked himself, “Is there a reason for this mill to exist if you fix all of … the trash because he would be embarrassed to show it to a partner.” In 2008, this was the investment strategy of Adam Blumenthal, founding partner of Blue Wolf Capital Management in …