May 20, 2013 1:41 AM ET

Capital Markets

Company Overview of Starboard Value LP

Company Overview

Starboard Value LP is a privately owned hedge fund sponsor. The firm primarily provides its services to pooled investment vehicles. It also caters to state and municipal government entities. The firm invests in the public equity markets of the United States. It invests in value stocks of small-cap companies. The firm employs fundamental analysis to make its investments. Starboard Value LP was founded in March 2011 and is based in New York City.

830 Third Avenue

3rd Floor

New York, NY 10022

United States

Founded in 2011

Phone:

212-845-7977

Fax:

212-845-7989

www.starboardvalue.com/index.html

Key Executives for Starboard Value LP

Managing Member
Age: 40
Managing Member
Age: 50
Managing Member
Age: 33
Chief Financial Officer and Chief Compliance Officer
Vice President of Operations
Compensation as of Fiscal Year 2012.

Starboard Value LP Key Developments

Glass Lewis & Co. Recommends Tessera Shareholders to Elect Four Starboard Value LP Nominees

Starboard Value LP announced Glass Lewis & Co., LLC has recommended that Tessera Technologies Inc. shareholders vote on Starboard's WHITE proxy card to elect four of Starboard's highly qualified nominees, Tudor Brown, George Cwynar, Peter Feld and Thomas Lacey, at the upcoming Annual Meeting.

Starboard Wants Wausau Paper To Consider Potential Sale

Starboard Value LP, largest shareholder of Wausau Paper Corp. asked the company to consider a sale. On January 11, 2013, Wausau Paper announced that it started considering strategic alternatives for its paper business. Starboard said that Wausau was not moving fast enough to consider a sale of the paper business or the entire company. Starboard in a letter to Wausau Chairman Thomas Howatt wrote, "Unfortunately, despite the continued underperformance of the Technical Paper business and our regular communications with you over the past year, you were unwilling to commit to exploring value-maximizing alternatives for either the technical paper business or the entire company."

Starboard Value Reportedly Acquired 13.3% Stake In Office Depot

People familiar with the matter said that on September 17, 2012, Starboard Value LP will disclose on that it has taken a 13.3% stake in Office Depot, Inc. In a letter to Office Depot's Chief Executive, Neil Austrian, the Chief Executive Officer of Starboard, Jeffrey Smith said that Office Depot's shares are deeply undervalued but the management could take active steps to improve performance. The acquisition of 13.3% stake in Office Depot makes Starboard its largest shareholder.

Similar Private Companies By Industry

Company Name Region
SAGAS SERVICES, Inc. United States
Gleacher & Co. United States
Robbins & Myers Employees Federal Credit Union United States
Standard Life Assurance Co. Funding Inc. United States
Hoosier Farm Bureau Credit Union United States

Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
December 19, 2012
Michael Baker Corporation
Merger/Acquisition
November 20, 2012
MIPS Technologies, Inc.
Merger/Acquisition
November 5, 2012
MIPS Technologies, Inc.
 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
NYC2012, Inc. United States
Bertelsmann AG Europe
Lawyers Committee for Civil Rights Under Law United States
Rush University United States
Greater Houston Partnership United States

Post a JobJobs

View all jobs

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact Starboard Value LP, please visit www.starboardvalue.com/index.html. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.