By Rohan Goswami
Publication Date: 2026-05-13 14:08:00
More activist investors have taken stakes in technology company Hewlett Packard Enterprise, which has been under pressure for a year from Elliott Management and going through a difficult merger process with Juniper Networks.
Irenic Capital is among the new activist funds with positions in HPE and has discussed its holdings and frustrations with executives, according to people close to the company. Irenic’s specific plans, if he has any, could not be learned.
The firm, which managed $2.4 billion at the end of the year and is led by investor Adam Katz, did not respond to requests for comment. Katz successfully lobbied to block the merger of News Corp. and Fox, and is currently waging a campaign against Snap.
Both HPE and Elliott declined to comment.
HPE closed its $16 billion acquisition of Juniper, its largest ever, last year after a complicated regulatory review that lasted 18 months and sparked accusations of inappropriate lobbying. Several states are still fighting the merger and could…
