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.
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 actionsEdit
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-RoyceEdit
In August 2020, the company sold all of the stake capital of Rolls-Royce.[3]
MicrosoftEdit
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]
The New York Times CompanyEdit
ValueAct disclosed a 7% stake in The New York Times Company in August 2022.[5] ValueAct aims to encourage the company to more actively pursue the sale of "bundled" subscriptions to its various offerings.[5]
SalesforceEdit
ValueAct disclosed a multi billion stake in Salesforce in January 2022. On January 27th, Salesforce announced that it is appointing three new directors to the board, one of whom is Mason Morfit, CEO and CIO of ValueAct Capital.
^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".
^ abDeveau, Scott (11 August 2022). "New York Times Is Targeted by Activist Investor Pushing for Subscriber-Only Bundles". Bloomberg.com. Retrieved 11 August 2022.
External linksEdit
Official website
August 29, 2023
valueact, capital, this, article, needs, additional, citations, verification, please, help, improve, this, article, adding, citations, reliable, sources, unsourced, material, challenged, removed, find, sources, news, newspapers, books, scholar, jstor, april, 2. This article needs additional citations for verification Please help improve this article by adding citations to reliable sources Unsourced material may be challenged and removed Find sources ValueAct Capital news newspapers books scholar JSTOR April 2018 Learn how and when to remove this template message 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 ValueAct CapitalTypePrivately ownedIndustryInvestment companyFoundedSan Francisco California United States 2000 2000 FounderJeffrey UbbenHeadquartersSan Francisco CaliforniaKey peopleMason Morfit Brandon BozeAUMUS 9 269 billion 2019 1 SubsidiariesValue Act Capital LLC ValueAct Capital Master Fund LP ValueActCapital Partners LPWebsiteValueAct com Contents 1 Background 2 Investor actions 2 1 Rolls Royce 2 2 Microsoft 2 3 The New York Times Company 2 4 Salesforce 3 References 4 External linksBackground EditValueAct 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 EditValueAct 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 Edit In August 2020 the company sold all of the stake capital of Rolls Royce 3 Microsoft Edit 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 The New York Times Company Edit ValueAct disclosed a 7 stake in The New York Times Company in August 2022 5 ValueAct aims to encourage the company to more actively pursue the sale of bundled subscriptions to its various offerings 5 Salesforce Edit ValueAct disclosed a multi billion stake in Salesforce in January 2022 On January 27th Salesforce announced that it is appointing three new directors to the board one of whom is Mason Morfit CEO and CIO of ValueAct Capital References Edit 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 a b Deveau Scott 11 August 2022 New York Times Is Targeted by Activist Investor Pushing for Subscriber Only Bundles Bloomberg com Retrieved 11 August 2022 External links EditOfficial website Retrieved from https en wikipedia org w index php title ValueAct Capital amp oldid 1139253880, wikipedia, wiki, book, books, library,
