A Capitalist Repents: Jeff Ubben Is Out to Make Things Right (2)

Jeff Ubben wants you to know he’s sorry.

As the founder of $16 billion activist hedge fund ValueAct Capital, Ubben embodied the boisterous capitalism that elevated shareholder returns above all else in the years after the financial crisis. He stepped down in June after two decades and launched Inclusive Capital Partners, which backs companies tackling problems ranging from environmental damage to food scarcity and affordable education.

Jeffrey Ubben live streamed from the Bloomberg Green Festival.

From the outside, it looks like a crusade -- even more so considering California-based Ubben’s aesthetic transition, from pinstriped master of the universe to what can best be described as kite-surfer casual. ...