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4 Min Read (Reuters) - Jeffrey Ubben, a hedge fund veteran in talks to join Exxon Mobil Corp’s board, is seeking to raise as much as $8 billion for his new socially and environmentally conscious fund, according to people familiar with the matter. Jeffrey Ubben, Founder & CEO at ValueAct Capital, poses for a portrait before speaking on the Reuters Newsmaker event' "The Future of Shareholder Activism" panel in Manhattan, New York, U.S., February 22, 2017. REUTERS/Andrew Kelly This would be the first fund Ubben has amassed since he launched his new firm, Inclusive Capital Partners, last summe...
Jeff Ubben bets on underperforming for-profit education stock CNBC 12/12/2020 © Provided by CNBC Jeffrey Ubben Activist Jeff Ubben thinks the market is mistakenly underappreciating Strategic Education because it is a for-profit education company. His firm, Inclusive Capital, has a more than 5% stake in Strategic Education. Since early June, the stock is down more than 40%, while the S&P 500 has rallied more than 12%. For-profit education companies have gotten a bad reputation in recent years, but Ubben thinks Strategic Education can provide strong returns by leveraging its technology cap...