#USA #Chicago #180 Degree Capital #Marlton Partners #TREND

Marlton Partners Submits Preliminary Proxy Statement for Director Election

Marlton Partners, L.P., a well-established investment firm based in Chicago, has made significant strides in upcoming corporate governance efforts. As owners of about 5.8% of the outstanding shares of 180 Degree Capital Corp. (NASDAQ: TURN), Marlton partners recently filed a preliminary proxy statement with the U.S. Securities and Exchange Commission (SEC). This strategic move aims to solicit votes for the election of four well-qualified and independent director candidates during the upcoming Special Meeting of Shareholders scheduled for September 15, 2025.

Nominees for Board Election

The nominees proposed by Marlton are:

• - James C. Elbaor (Managing Member of Marlton)
• - Gabriel (Gabi) Gliksberg
• - Aaron Morris
• - Andrew (Andy) Greenberg

Each of these candidates brings a wealth of experience and a reputation for integrity to the table. Their election is seen as essential for ensuring that the company's governance aligns with the needs and interests of its investors.

Commitment to Shareholders

James C. Elbaor expressed the firm’s long-term commitment to achieving the full potential of 180 Degree Capital. Elbaor emphasized the importance of this election, stating, “We see the September 15 meeting as a critical moment for shareholders to voice their opinions on the board's composition.” He reassured shareholders that Marlton is dedicated to promoting robust governance at TURN and ensuring that shareholder investments are treated with respect.

Historical Context of Engagement

Marlton’s engagement with TURN has deep roots, dating back over a year. This clear intent to improve the company’s governance structure underscores their proactive approach. They encourage the shareholders to participate actively in this fundamental decision regarding the future leadership of the company.

About Marlton Partners, L.P.

Founded and led by James C. Elbaor, Marlton Partners, L.P. focuses on maximizing long-term value through active ownership in investments, particularly in closed-end funds. Elbaor himself is well-qualified, holding a B.A. from New York University and an M.B.A. from Columbia University.
For those interested in further exploring Marlton's strategy or wish to receive more updates, detailed information can be found at their website: MarltonLLC.com.

Looking Forward

As the Special Meeting date approaches, both stakeholders and observers will be keen to see how Marlton’s nomination affects the strategic direction of 180 Degree Capital. This election signifies not just a leadership vote; it represents a pivotal moment in corporate governance where shareholders can express their demands for accountability and transparency from their board.

Thus, Marlton's commitment to advocating for the shareholders amplifies its significance in the complex world of investments, and the forthcoming meeting is sure to be a focal point for discussions on governance in investment firms.

Overall, Marlton’s actions serve as a powerful reminder of the importance of shareholder activism in the ongoing quest for effective governance and accountability in public companies.