ValueAct Grows Its Cash Pile, but Not for Dry Powder

Firm co-founder Jeffrey Ubben tells Alpha that his firm isn’t finding much to buy these days.

Jeffrey Ubben’s San Francisco–based ValueAct Capital Partners is building up its cash balance.

The hedge fund firm now has about $2.75 billion in cash after disclosing that it sold more than 6.6 million shares of Motorola Solutions. This is up from roughly $1.5

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