Starboard Value LP

RIASEC RegisteredEst. 2011

Total AUM

$8.2B

Discretionary

$8.2B

100% of AUM

Avg account

$429M

Accounts

Employees

Advisory reps

Firm details

Headquarters: New York, New York
CRD number: 156943
Registered since: April 21, 2011
Website: www.starboardvalue.com
Custodians: THE BANK OF NEW YORK MELLON, STATE STREET BANK AND TRUST COMPANY, GOLDMAN SACHS & CO. LLC, J.P. MORGAN SECURITIES INC.
Fee structure: Percentage of AUM, Performance Based Fees
Client types: Pooled Investment Vehicles66.89%
State / Municipal Government22.84%
Sovereign Wealth Funds7.46%
Pension & Profit Sharing Plans2.82%
Services: Portfolio Management for Pooled Investment VehiclesPortfolio Management for Institutional Clients

Firm profile

FINTRX

Overview

Starboard Value LP is a hedge fund organized as a limited partnership that manages institutional capital with a mix of asset-based and incentive fees. The firm performs portfolio management for pooled vehicles and for businesses or institutional clients, and it also serves as sponsor, general partner and managing member of pooled investment vehicles. Registered with the SEC in 2011, Starboard is not positioned as an ESG investor and does not present itself as a multi-state adviser. Its regulatory filings also list CPO/CTA activity. Starboard’s client base is institutional, and its compensation includes both a percentage-of-assets fee and performance-based fees. The firm’s public disclosures show concentrated management of discretionary assets and active custody relationships with several large custodians.