ValueAct Capital

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ValueAct Capital
TypePrivately owned
IndustryInvestment company
FoundedSan Francisco, California, United States (2000 (2000))
FounderJeffrey Ubben
Headquarters
San Francisco, California
Key people
  • Mason Morfit, Brandon Boze
AUMUS$9.269 billion (2019) [1]
SubsidiariesValue Act Capital LLC, ValueAct Capital Master Fund LP, ValueActCapital Partners LP
WebsiteValueAct.com

ValueAct Capital is a San Francisco-based investment company with a portfolio value calculated at about $9.269 billion on behalf of several institutional and individual investors.[2] The company is a privately owned hedge fund that invests in the public equity markets.

Background[]

ValueAct Capital was initially formed in June 2000 to manage the capital of its founders, along with the capital of a limited number of outside investors.

Investor Actions[]

ValueAct Capital is a very active investor that identifies companies that appear to be out of favor or may be undergoing a significant transition. ValueAct makes a significant investment into the company and then works with the company to make changes with the goal of increasing long-term stock value and thus creating a profit for ValueAct.

Rolls-Royce[]

In August 2020, the company sold all of the stake capital of Rolls-Royce.[3]

Microsoft[]

In May 2013 ValueAct Capital revealed that it had purchased $2 billion worth of Microsoft stock (less than 1%). Shortly thereafter the company made public announcements that it sought to join the board of Microsoft if the company did not increase its stock price through a stock buyback program or a larger dividend. The threat was seen as one of the reasons that Steve Ballmer decided to leave Microsoft.[4]

References[]

  1. ^ "ValueAct Holdings, L.P. - Portfolio Holdings (13F, 13G) - Jeff Ubben".
  2. ^ "ValueAct Holdings, L.P. - Portfolio Holdings (13F, 13G) - Jeff Ubben".
  3. ^ Hollinger, Peggy; Nauman, Billy (August 7, 2020). "ValueAct sells entire stake in Rolls-Royce". Financial Times. Retrieved August 7, 2020.
  4. ^ "Activist Shareholders Are Demanding a Board Seat at Microsoft".

External links[]

Official website

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