(Bloomfield, NJ – March 14, 2011) – Alliance Advisors (“Alliance”), a leading proxy solicitation and corporate governance advisory firm, is pleased to announce the retention of Waheed Hassan, CFA, as a Managing Partner. At Alliance, Waheed will help clients engage with Institutional Shareholder Services (“ISS”), as well as guide them through M&A transactions and proxy contests. With experience on more than 100 contested M&A transactions and proxy contests, Waheed brings a deep knowledge of ISS’s policies and strong understanding of activist investors.
Prior to joining Alliance, Waheed led the M&A/Proxy Contest research team at ISS – a division of MSCI Inc. (NYSE: MSCI). At ISS, he advised institutional investors on numerous high-profile proxy contests including Conseco Inc., Atmel, Bassett Furniture, Office Depot, NRG Energy, Target Corp., Denny’s, and Barnes & Noble. Additionally, he was involved in several contested M&A transactions: Silicon Storage Technologies, Airvana Inc, Cedar Fair, VaxGen, Inter-Tel, Cablevision Systems, Grey Wolf, Bronco Drilling, IPC Holdings, FirstEnergy, Symyx, and Alpha Natural Resources.
Peter Casey, Executive Vice President of the Proxy Solicitation Group says, “Waheed greatly increases our abilities in providing superior service to our corporate clients as well as closed-end investment companies in investor communications, contested solicitations, and M&A transactions. His extensive experience in contested situations involving Ramius, Yucaipa, Pershing Square, Steel Partners, Carl Icahn, Seneca Capital, Western Investments, and Bulldog Investors will provide our clients with a unique insight on activist investors and their playbooks.”
“Our organization continues to grow in both meaningful service lines led by marquee professionals. Waheed is a key component to the organization’s strategic expansion and I am thrilled to have him as part of our team,” said Joseph Caruso, Chief Operating Officer.
Previously, Waheed worked as a Senior Research analyst with Indosuez W.I. Carr Securities, UBS Warburg, and Khadim Ali Shah Bukhari (an affiliate of Merrill Lynch), where he maintained coverage on banks, industrials, and petrochemical companies. A CFA charter holder, Waheed also received an MBA with Beta Gamma Sigma honors from Vanderbilt University.