Starboard Value LP
Investment ManagementNew York, United States11-50 Employees
Starboard Value LP is a New York-based investment adviser that pursues a focused, fundamental strategy in U.S. publicly traded companies. The firm targets undervalued businesses and seeks to unlock value by actively engaging with management teams and boards to advance strategic and governance initiatives benefiting all shareholders. Its principals have managed investments along this approach since 2002. It operates within the investment management industry and positions itself as an active participant in governance and strategic oversight of portfolio companies. Based in New York City, the firm maintains a relatively small to mid-sized team. In March 2026, Starboard nominated two directors for election to CarMax's board at the company's annual meeting, reflecting its active engagement approach.