ValueAct Capital
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Type | Privately owned |
---|---|
Industry | Investment company |
Founded | San Francisco, California, United States (2000 ) |
Founder | Jeffrey Ubben |
Headquarters | San Francisco, California |
Key people |
|
AUM | US$9.269 billion (2019) [1] |
Subsidiaries | Value Act Capital LLC, ValueAct Capital Master Fund LP, ValueActCapital Partners LP |
Website | ValueAct.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[]
- ^ "ValueAct Holdings, L.P. - Portfolio Holdings (13F, 13G) - Jeff Ubben".
- ^ "ValueAct Holdings, L.P. - Portfolio Holdings (13F, 13G) - Jeff Ubben".
- ^ Hollinger, Peggy; Nauman, Billy (August 7, 2020). "ValueAct sells entire stake in Rolls-Royce". Financial Times. Retrieved August 7, 2020.
- ^ "Activist Shareholders Are Demanding a Board Seat at Microsoft".
External links[]
- Hedge fund firms in California
- Financial services companies established in 2000
- Companies based in San Francisco