Jeffrey Ubben is Stepping Down as ValueAct’s Investment Chief

(New York Post) Jeffrey Ubben is handing over the reins — at least when it comes to investing — at his $16 billion hedge fund ValueAct. Ubben, 55, will continue to serve as CEO, but ValueAct’s current president Mason Morfit will become chief investment officer in July, according to a letter ValueAct sent to investors Monday….

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