Wynnefield Capital, Inc., is an employee-owned hedge fund founded in 1992 by Nelson Obus and Joshua Landes. The fund is a value investor, specializing in U.S. small-cap companies with a business- or industry-specific catalyst. It employs long and short strategies and conducts in-house research in making its investments.^[1][2] The fund has been an activist investor^[3] with a number of companies, including Cornell Companies,^[4] Crown Crafts,^[5] Breeze-Eastern,^[6] MAM Software,^[7] Chiquita Brands,^[8] and Omega Protein.^[9]

Wynnefield Capital is based in New York City and is named after Nelson Obus’ and Landes’ childhood neighborhood of Wynnefield in Philadelphia, Pennsylvania.^[3]

In May 2014, after a 12-year battle, Nelson Obus and a Wynnefield analyst were exonerated of all insider trading accusations made by the SEC in a trial by jury.^{[10][11][12][13][14]} Nelson Obus has been an outspoken critic of the SEC^[15] and penned an op-ed on regulatory overreach for The Wall Street Journal.^[16]

Prior to founding Wynnefield, Nelson Obus and Joshua Landes both held senior research equity positions at Lazard Feres & Co.^[2] Nelson Obus currently serves on the board of directors for Zionist Organization of America,^[17] Layne Christensen Co.,^[18] MK Acquisition LLC, and the Princeton Historical Society.^[19] Obus also serves on the board of advisors of the Bank of Princeton,^[20] the Appalachian Mountain Club,^[21] and the Stony Brook-Millstone Watershed Association.^[22] He previously served on the Boards of Directors of Breeze-Eastern Corporation and Underground Solutions, Inc.^[2]

Landes is a member of the Board of Trustees of S.A.R. Academy in Riverdale, New York;^[23] Board of Directors of Ken's Krew^[24] and the Zionist Organization of America,^[17] and the Vice President of the American Jewish Historical Society.^[25] Landes led the financing efforts for the creation of a statue commemorating Uriah P. Levy, the first Jewish admiral to serve in the U.S. Navy.^[26]