Lazard's Rossman Sees 'Quiet, Subdued' Period for Activist Investing

The video discusses the impact of COVID-19 on activism, noting a significant decline in new campaigns and subdued market activity. It highlights current trends, including new entrants like family offices and hedge funds, and the growing role of private equity in activism. The discussion also covers the strategies of major activists amid market volatility, with a focus on credit strategies and direct investments in public companies.

What does the term 'pipe market' refer to in the context of the current financial discussions?

What might be the implications of private equity firms getting involved in distressed companies?

How are activists adapting their strategies in response to the current market volatility?