ValueAct Culture
Does anyone have insight into the culture and investment process / day-to-day life of working at ValueAct? I'm really interested as one of the few large HFs with a long-only focus and collaborative activist bent. How thorough is their due diligence process? Are the hours for the junior team sweaty? Any help would be really appreciated.
check out some of their presentations on targets. gives you a view on depth (at least what they choose to disclose, sure they have more)...
Great firm obvi. Very thoughtful about their investments which might sound basic, but is hands down the most important and rare thing. They find ways to add value that may not be so obvious to the market, which allows them to take positions in large companies that would be too well-covered for other firms to see a value opportunity.
I would say the “friendlier activist” image they have tends to be overplayed by commentators. I think the aggressiveness of other activists is overplayed and the non-aggressiveness of guys like VA and Blue Harbour is overplayed too. In reality the gap is smaller. VA pretty much fired Steve Ballmer, ultimately you have to ruffle feathers to make a difference
Thrilling analysis, thank you
Damn. At least he offered some type of insight. It’s a small firm with less than 50 people, that has had probably ~200 in total ever work there. The likelihood that one of those 200 is actively on wso and would choose to post, potentially doxxing themself is low.
Bump
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a bunch of partners left/ were told to go and the cut staff big time…mainly focused on Japan now, and more of masons family office…They’re mailing it in now, clients know it too…
Interesting, considering they were up big in 2023 and presumably the same ytd
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