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  "documentTitle": "Politan Capital Masimo Presentation May 2023",
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  "notes": "Includes logos of companies where Politan has experience and two testimonials/quotes.",
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      "text": "Centene, CoreLogic, LP, Bunge, Lowe's, EQT, Marathon, Hess",
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      "text": "~$800M investment makes us one of Masimo’s largest shareholders. We are long-term focused with the substantial majority of our capital committed for at least three years. We do not use leverage. Our extensive due diligence utilizes operating partners, consultants, and law firms. We seek to engage constructively with management teams and Boards of Directors to unlock long-term value through strategic, operational, and governance changes. Our firm was started in August 2021 and the investment partners have 35+ years of experience at prior firms including Elliott Management and The D. E. Shaw Group. We have substantial experience engaging productively for the benefit of all shareholders, having placed ~30 directors on public boards — primarily through cooperation agreements.",
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      "text": "[V]eteran activist.. [who] prefers to work privately with management before releasing public letters critiquing companies or pursing proxy fights. Presentation to Masimo on Politan, Aug 2022, Morgan Stanley",
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      "text": "Politan’s style is to amicably and quietly work with management to achieve its objectives. They do not send angry public letters, and they do not seek proxy fights. However, they will also not back down from a proxy fight if their hand is forced...Koffey has created significant value for shareholders at companies like Lowe’s... As board members, Politan could be very helpful to both management and shareholders in pursuing strategic projects. They will listen to management with an open mind, and if they agree with a project their support would give management cover with other shareholders to pursue it. However, at the end of the day they are economic animals and will do what is best for shareholders — if management cannot justify a project, Politan will be there to protect shareholder value. Ken Squire, 13D Monitor, CNBC",
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      "text": "Politan Owns 9% of Masimo: We Are Long-Term Focused and Constructive in Our Engagement",
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