# Wynnefield Capital, Inc.

Wynnefield Capital, Inc. is an Asset Manager based in New York, United States.

## Overview

- **Organization type:** Asset Manager
- **Headquarters:** New York, United States
- **Region:** North America
- **Address:** New York, NY, United States
- **Founded:** 1992
- **Assets under management:** Under $500 million (Altss estimate)
- **Website:** wynnefieldcapital.com

## Regulatory record

- **CRD number:** 157604
- **SEC file number:** 801-73498
- **Registration status:** Registered
- **Reports private funds:** Yes
- **IAPD record:** https://adviserinfo.sec.gov/firm/summary/157604

## About

WYNNEFIELD CAPITAL, INC. is an SEC-registered investment adviser in NEW YORK, NY, registered since 2012. The firm manages approximately $185 million in regulatory assets. It has 2 employees and 2 investment advisers.

## Sectors

- Value Investing
- Small-Cap Equities
- Micro-Cap Equities
- Distressed Securities
- Special Situations

## People

- Nelson Obus — Managing Member & Co-Chief Investment Officer
- Michael Winer — Managing Member & Co-Chief Investment Officer

## Questions

### Who runs investment decisions at Wynnefield Capital?

The firm is led by Co-Chief Investment Officers Nelson Obus and Michael Winer, who have managed Wynnefield since its founding in 1992. Both principals are involved in stock selection, portfolio construction, and activist engagements.

### What investment style does Wynnefield Capital use?

Wynnefield employs a deep-value, activist investment strategy focused on small- and micro-cap public equities. The firm seeks companies trading at a discount to intrinsic value and uses engagement, proxy fights, and litigation to unlock shareholder returns.

### Does Wynnefield Capital invest in fund commitments or only direct deals?

Wynnefield invests directly in public equity positions, not through fund-of-funds or external manager commitments. The firm constructs a concentrated portfolio of small-cap stocks where it can exert activist influence.

### Which sectors does Wynnefield Capital typically avoid?

The firm generally avoids large-cap equities, passive index strategies, and sectors with limited potential for activist influence, such as regulated utilities or very stable consumer staples.

### What is Wynnefield Capital's geographic focus?

Wynnefield invests almost exclusively in United States-listed equities. The firm's strategy relies on the U.S. legal and regulatory framework for shareholder activism.

### How is Wynnefield Capital related to other investment firms?

There is no publicly disclosed relation to other asset managers or family offices. Wynnefield operates as an independent registered investment advisor.

### Has Wynnefield Capital been involved in notable activist campaigns?

Yes, the firm has a history of filing proxy proposals and engaging in litigation to challenge company boards and management. For example, in November 2022, it publicly criticized board governance at a small-cap holding through an SEC filing.

## Related profiles

- [Scoggin Management](https://altss.com/profile/scoggin-management-lp)
- [John Tumazos Advisory and Compensated Research, LLC](https://altss.com/profile/john-tumazos-advisory-and-compensated-research-llc)

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Last updated: 2026-06-03T20:00:00.000Z

Canonical page: https://altss.com/profile/wynnefield-capital-inc

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