Key Summary: On November 5, 2024, Converium Capital and Erez Asset Management announced ongoing discussions with the Board and management regarding corporate governance, board composition, capital allocation, and strategic plans, including asset dispositions. They recommended appointing Mr. Schanzer, Chairman and Chief Investment Officer of Erez Asset Management, to the Board Market Cap: $201 million | Franklin Street Properties Corp., based in Wakefield, Massachusetts, is focused on infill and central business district (CBD) office properties in the U.S. Sunbelt and Mountain West, as well as select opportunistic markets.
On November 5, 2024, Converium Capital and Erez Asset Management stated that they have engaged and plan to continue discussions with the Board and management about corporate governance, board composition, operations, capital allocation, and strategic plans, including asset dispositions. They have recommended appointing Mr. Schanzer, Chairman and Chief Investment Officer of Erez Asset Management, to the Board. Additionally, they intend to address various topics such as management, capital and corporate structure, and dividend or buyback policies, while potentially communicating with other shareholders and third parties on these matters. Source
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