The Institutional Research Group (IRG) was formed in January 2008 to produce investment research focused on "special situation" investments, with a focus on spin-off transactions. Three distinct subscription services are published by IRG: The Spin-Off Report, The European Spin-Off & Restructuring Report, and Hidden Opportunities.
The Spin-Off Report and European Spin-Off & Restructuring Report, published in collaboration with Horizon Kinetics, provide detailed analysis of every U.S. and European-listed spin-off transaction.
Hidden Opportunities provides detailed examinations of U.S.-listed small and mid-cap companies that trade at compelling discounts to their sum-of-the-parts valuations with potential for a value-unlocking event such as spin-off or asset sale.