ValueAct Capital

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 sponsor that provides its services to high net worth individuals and institutions. It invests in the public equity markets.

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

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

Microsoft (2013)

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. https://fintel.io/i/valueact-holdings
  2. https://fintel.io/i/valueact-holdings
  3. Hollinger, Peggy; Nauman, Billy (August 7, 2020). "ValueAct sells entire stake in Rolls-Royce". Financial Times. Retrieved August 7, 2020.
  4. http://www.businessinsider.com/microsoft-valueact-board-seat-2013-7
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