Legion Partners Asset Management

Legion Partners Asset Management is an institutional investment firm based in Los Angeles, founded in 2012 by Chris Kiper and Ted White with initial backing from the California State Teachers' Retirement System (CalSTRS). The firm specializes in a concentrated, activist-oriented approach, primarily targeting undervalued or underperforming companies in the U.S. small-cap market—typically those with market capitalizations between $250 million and $5 billion. As a private investment advisor, Legion focuses on long-term value creation by acting as a catalyst for change within its portfolio companies.