By Svea Herbst-Bayliss
NEW YORK (Reuters) -Corporate advisory firm Longacre Square Partners has formed a strategic partnership with artificial intelligence startup InvestorSight to give its clients access to AI tools to assess investor behavior in takeovers and board fights.
The program designed by InvestorSight, a firm co-founded by Dartmouth professor Mark DesJardine and data scientists, is the first interactive tool to model how mutual funds and other institutional investors are likely to react to various corporate situations.
It can be used to gather advanced data, including how investors have voted in previous contests, to assess vulnerability for a company or activist investor mounting a campaign.
Investment banks and other institutions already offer corporate vulnerability asses