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Posted on: May 17, 2017, 10:58 a.m.
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. Morfit, who... Full investment news articleRelevent to this post: Kohlberg Kravis Roberts,