House Foods
Steel Partners LLC is an American hedge fund with offices in New York and Tokyo. It has invested in several Japanese companies that manufacture food and beverage products, including Bull-Dog Sauce, House Foods, Sapporo, and Nissin Foods; the fund frequently becomes the largest shareholder of a target company and then attempts a takeover or is vocally critical of the company's management. As of August 2007, Steel Partners held stakes in about 30 Japanese companies.