Impactive Capital

“So at Impacted, we have four key criteria that we look at in our investment strategy, They're all pass fail. So every one of the companies in our portfolio must pass this. It's quality, valuation, time, and activism. And so we just spoke a bit about quality. V…”

“We have a lot of management teams actually calling us for inbound requests on what can I do to improve my profile and what should I be focusing on?”

“The vast majority of our other capital is in a three-year share class”

“We put together a package of LED lighting, motion sensor detectors, smart HVAC systems, where the paybacks, and they disclose their paybacks, by the way, in their corporate social responsibility report, but the paybacks are usually one to two years. Doing that…”

“So just to take us a step back, Impacted was put in business by Blue Harbor's largest LPA, CalSTRS, and we were very lucky. They backed us with six-year capital, which is unusual in the public markets, and that really allowed us to pursue what I think is one o…”

“Over the very long run, multi-decade period, not only have you changed a company, but you've changed an entire industry because all the competitors have to follow suit”

“So our portfolio construction, we have about eight to 12 positions at any point in time, each eight to 12% of the AUM. And so today we have about 10 positions, almost half of which were put into the book between March and April of this year during the pandemic…”

“We are the rare activists that will say, you know what, you should make this investment that might diminish your margins in this quarter or the next The next couple of quarters, because we have such high conviction in the longer term IRRs, and we have the capi…”