Seitel Inc (fka SELA)

[Art2Gecko]

Valuact Capital - http://www.valueact.com/

At ValueAct Capital, we believe that the art of successful investing lies first and foremost in the identification of a great business at a compelling valuation. We concentrate primarily on acquiring significant ownership stakes in publicly traded companies through open-market purchases, privately negotiated transactions, block purchases, participation in underwritten offerings, or a combination thereof.

ValueAct Capital then seeks to generate strong returns through the development of a meaningful working relationship with the company’s management and board. In cooperation with the company’s management, we actively work to implement value-creating financial strategies and operational improvements to generate a return substantially independent of the market. We believe that this strategy enhances our ability to deliver strong, consistent returns to our investors in both good times and bad.

ValueAct Capital generally targets public companies with equity market capitalizations in the range of $150 million to $1.5 billion and normally purchases positions ranging in size (at acquisition cost) from $25 to $100 million. We also deploy a portion of our assets into direct investments in private companies.

ValueAct Capital was founded in 2000 and manages more than $1.5 billion in investments for some of the world’s most respected institutional and high-net worth investors. Our offices are located in San Francisco and Boston, where we have a highly talented and experienced team of investment professionals who bring significant public market and private investment expertise to our activities.

ValueAct Capital is currently closed to new investors.