For the purposes of this article, activist funds are defined simply as those which proactively and directly make use of their status as a shareholder to influence company management. We will examine why this kind of fund has appeared in Japan, sketch out the historical setting for their development and explore the kinds of opportunities these funds are targeting. Further, even though ctivist investmentis a single term, it is difficult to generalise about the methods and techniques used, as these vary from one manager and fund to another.

The plan would see the city or another organization put up a piece of land at a discount. Once the site had been established, organizers would invite developers and non profits to partner and submit proposals for a multi family development targeted at those earning $35,000 to $80,000 per year. The contest would take place in three municipalities, so results could be compared.

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