Engine No. 1 GP LLC
About
Engine No. 1 is an investment firm purpose-built to create long-term value by driving positive impact through active ownership.
Editor's note: Updated Dec. 7, 2020.
News
Engine No. 1 Launches $100 Million ETF after Exxon Mobil Board Victory
Engine No. 1, which launched with $250 million in December, is now offering products available to Main Street and Wall Street investors, tapping into retail investors’ frustration that their main stock portfolios often don't address ESG concerns.
Engine No. 1, the Giant-Killing Hedge Fund, Has Big Plans
It has been depicted as a new David-and-Goliath tale for Wall Street: a tiny hedge fund called Engine No. 1 went up against the mightiest oil company in the U.S. and won three seats on its board, with a mandate to prepare it for a future free of fossil fuel.
Engine No. 1 Extends Gains with a Third Seat on Exxon Board
Exxon Mobil Corp. shareholders elected a third director nominated by hedge fund Engine No. 1 to the oil company's board, the company said on June 2, extending the firm's upset victory at one of America's most iconic corporations.
Church of England, D.E. Shaw Join Activist Campaign Targeting Exxon Mobil
The Church Commissioners, who manage the Church of England's investment fund, said they were "pleased to lend their support" to proposals from new hedge fund Engine No. 1 designed to "re-energize ExxonMobil."
Exxon Mobil Faces Proxy Fight Launched by New Activist Firm Led by Chris James
New investment firm Engine No. 1Â pushes the battered energy company Exxon Mobil, valued at $176 billion, to spend its cash better, preserve its dividend, and refresh its board.