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.

9 Comments
 

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

 

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