Valueact Capital Management, L.P.
- Regulatory AUM
- $11.3B
- Discretionary
- $11.3B
- Clients
- 18
- Avg AUM / client
- $627M
- Accounts
- 18
- Employees
- 31
AUM over time
Annual snapshots from Form ADV filings · as of Mar 30, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Pooled investment vehicles (non-investment companies) | 18 | $11.3B | 100.0% |
Private funds (4)
Reported in Form ADV Section 7.B.(1), filing of Mar 2024 · $9.8B combined gross assets
| Fund | Type | Domicile | Gross assets | Owners |
|---|---|---|---|---|
| Valueact Capital Master Fund, L.P. master | Hedge Fund | British Virgin Islands | $8.7B | 232 |
| Valueact Japan Master Fund, L.P. master | Hedge Fund | British Virgin Islands | $868M | 18 |
| Valueact Strategic Master Fund, L.P. master | Hedge Fund | British Virgin Islands | $228M | 7 |
| Valueact Strategic Master Fund Ii, L.P. master | Hedge Fund | British Virgin Islands | $76.6M | 1 |
People (6)
| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Morfit, Garrison, Mason | Co Chief Executive Officer/Chief Investment Officer | Nov 2007 (19y) | Less than 5% | |
| Zelaya, Briana, Jane | Vice President | Nov 2007 (19y) | Less than 5% | |
| Allen, Christopher, Scott | Chief Financial Officer | Jul 2017 (9y) | Less than 5% | |
| Breeding, Jason, Benjamin | General Counsel | Nov 2018 (8y) | Less than 5% | |
| Hale, David, Robert | Co Chief Executive Officer | Aug 2023 (3y) | Less than 5% | |
| Muscatine, Sonia, M | Chief Compliance Officer | Jan 2024 (3y) | Less than 5% |
Entity owners (Schedule A/B)
| Entity | Title / status | Since | Sch. | Ownership |
|---|---|---|---|---|
| Valueact Holdings Ii, L.P. | Limited Partner | Dec 2018 | A | 75% or more |
| Valueact Capital Management, Llc | General Partner | Jan 2005 | A | Less than 5% |
| Valueact Holdings Ii, L.P. | Managing Member | Dec 2018 | B | ≈ 0% – 5% via Valueact Capital Management, Llc |
| Valueact Partnership Ii, L.P. | Limited Partner | Dec 2021 | B | ≈ 56.25% – 100% via Valueact Holdings Ii, L.P. |
| Valueact Holdings Gp, Llc | General Partner | Nov 2007 | B | GP / trustee / elected manager of Valueact Holdings, Lp (indirect) |
| Valueact Partnership Gp, Llc | General Partner | Sep 2021 | B | GP / trustee / elected manager of Valueact Partnership Ii, L.P. (indirect) |
Undisclosed: 0% – 25% of the firm is not attributable from the filed Schedule A bands.
Estimated effective ownership (look-through of filed bands):
- Valueact Holdings Ii, L.P.: 75% – 100% of Valueact Capital Management, Llc × 0% – 5% direct ≈ 0% – 5% of the firm
- Valueact Partnership Ii, L.P.: 75% – 100% of Valueact Holdings Ii, L.P. × 75% – 100% direct ≈ 56.25% – 100% of the firm
Roster from the IAPD representatives feed; ownership and acquisition dates from Form ADV Schedule A/B. "Since" is the earliest filed registration or acquisition date.
Private funds (4, $9.8B gross assets)
| Fund | Type | Gross assets | Min. investment | Owners |
|---|---|---|---|---|
| Valueact Capital Master Fund, L.P. | Hedge Fund | $8.7B | $5.0M | 232 |
| Valueact Japan Master Fund, L.P. | Hedge Fund | $868M | $5.0M | 18 |
| Valueact Strategic Master Fund, L.P. | Hedge Fund | $228M | $10.0M | 7 |
| Valueact Strategic Master Fund Ii, L.P. | Hedge Fund | $76.6M | $10.0M | 1 |
From Form ADV Section 7.B private fund reporting.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 03/30/2026 | 3 MB | View · PDF · Source ↗ |
Archived copies of the firm's regulatory filings, versioned by content hash.
Disciplinary disclosures
Allegations: "VAC") MUST FILE A NOTIFICATION UNDER THE HART-SCOTT-RODINO ANTITRUST IMPROVEMENTS ACT OF 1976 ("HSR ACT") Status: REQUIRES VAC TO MAINTAIN AN HSR ACT COMPLIANCE PROGRAM AND DESIGNATE A COMPLIANCE OFFICER TO ACHIEVE COMPLIANCE WITH THE FINAL JUDGMENT." Summary: 11000000
Disclosure text reproduced verbatim from the firm's own Form ADV filings.
How they charge
- • Percentage of assets under management
- • Performance-based fees
Services
- • Portfolio management for pooled investment vehicles
Custody
Firm reports having custody of client funds or securities (Item 9.A).
No custodian data reported or mined yet.
Source
All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: Mar 30, 2026.
View current Form ADV (SEC/IAPD) ↗