Inclusive Capital Partners
Inclusive Capital Partners is a New York-based activist investment firm founded in 2012 that acquires significant equity stakes in underperforming public companies — most notably Bayer AG — and drives operational and board-level changes to unlock shareholder value, with a stated focus on sustainable sectors.
- Company typePrivate
- Founded2012
- HeadquartersNew York, United States
- Headcount1–10
- GTM typeB2B
- OfferingServices
What Inclusive Capital Partners does
Inclusive Capital Partners is a New York-based activist investment firm founded in 2012 that operates with a lean team of 1–10 employees. Led by founder Jeff Ubben, the firm identifies underperforming public companies, acquires significant equity stakes, and drives operational and strategic changes to unlock shareholder value. Its most prominent engagement has been Bayer AG, where it accumulated approximately 8.5 million shares — valued at roughly €327 million (~$379 million) — contributed to the ouster of CEO Werner Baumann, and secured a supervisory board seat for Ubben running through 2028. The firm has subsequently initiated an exit via a public stock placement arranged by JPMorgan Chase & Co.
The firm focuses on sustainable and impact-oriented investment strategies, with stated emphasis on agricultural technology and environmental sectors. As an investment partnership rather than a product company, it does not offer technology products, software platforms, or API-based services, and has no public listing, ticker, or disclosed parent company. Its revenue model is investment-driven: returns are generated through capital appreciation and exit events on portfolio positions rather than product or service sales. The firm operates as an independent entity under Ubben's leadership, with no disclosed limited-partner base, ownership structure, or external capital commitments in the available source data. Note: the firm's firmographic label as a "non-profit" conflicts with the rest of the data describing an activist investment partnership generating returns from public-equity stakes; the activist-investment-firm characterization is treated as primary based on depth and consistency of supporting evidence.
Inclusive Capital Partners firmographics
Firmographics- Name
- Inclusive Capital Partners
- Website
- https://inclusivecapitalism.com
- Company type
- Private
- Founded year
- 2012
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Inclusive Capital Partners is a New York-based activist investment firm founded in 2012 that acquires significant equity stakes in underperforming public companies — most notably Bayer AG — and drives operational and board-level changes to unlock shareholder value, with a stated focus on sustainable sectors.
- Ownership category
- akta.pro rank
Inclusive Capital Partners industry classification
Industry- Product category
- Investment Management
- NAICS
- Other Financial Investment Activities (5239), Securities, Commodity Contracts, and Other Financial Investments and Related Activities (523)
- SIC
- Investment Advice (6282), Investors, Nec (6799)
- akta.pro primary industry
- Sustainable Private Markets (Impact PE/VC, Private Credit, Infrastructure) (FSAAALAG)
- akta.pro secondary industry
- SDG / Thematic Sustainable Investment Funds (FSANAJAN)
Keywords
Where Inclusive Capital Partners is headquartered
LocationHeadquarters
- HQ city
- New York
- HQ country
- United States
- HQ region
- North America
Markets served
Inclusive Capital Partners business model
Business model- GTM type
- B2B
- Offering type
- Services
Inclusive Capital Partners product offering
Product offeringCore offering
Inclusive Capital Partners is an activist investment firm led by Jeff Ubben that identifies underperforming companies, acquires significant equity stakes, and drives operational and governance changes to unlock shareholder value. The firm focuses on sustainable and impact-oriented investment strategies, particularly in agricultural technology and environmental sectors, and engages directly through board participation at portfolio companies.
Product overview
Inclusive Capital Partners is an investment management and activist investment firm led by Jeff Ubben. The company focuses on sustainable and impact-oriented investment strategies, particularly in the agricultural technology and environmental sectors. As an investment firm, it does not offer technology products, software platforms, or API-based services.
Differentiator
Problem solved
Functional benefit
Products and services
- Activist Investment Services
Inclusive Capital Partners technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Inclusive Capital Partners partnerships and signals
Strategic signalScale indicators1 record
Recent moves4 records
Expansion highlights4 records
Inclusive Capital Partners competitors and assessment
Company assessmentDirect peers
- Actis: Global impact-focused private equity firm investing in sustainable infrastructure and energy. Comparable to Inclusive Capital Partners on the impact/ESG thematic axis, though focused on private markets and emerging markets rather than U.S. public activism.
- ValueAct Capital: Jeff Ubben's long-time prior firm and a direct predecessor to Inclusive Capital Partners. ValueAct is a large activist fund that takes significant stakes, engages boards, and pushes operational change — the same playbook Ubben is deploying at Bayer.
- Generation Investment Management: Founded by Al Gore and David Blood, this is a sustainability-focused long-only manager. It is comparable to Inclusive Capital Partners specifically along the impact/sustainable investing axis, though it is primarily a public-equity manager rather than an activist.
- Pershing Square Capital Management: Bill Ackman's concentrated, large-cap activist fund known for taking high-conviction positions and publicly engaging management — closely aligned with the model Inclusive Capital Partners uses at Bayer.
- Engine Capital: Smaller, focused activist fund that takes meaningful positions in U.S. public companies and pushes for operational and board change. Comparable in scale and approach to Inclusive Capital Partners' lean, high-conviction model.
- Trian Fund Management: Mid-to-large cap activist fund led by Nelson Peltz that acquires meaningful stakes and drives operational and governance change at portfolio companies, mirroring the activist, board-engagement approach Inclusive Capital Partners pursues.
- Starboard Value: Activist fund run by Jeff Smith that builds concentrated positions and pushes for operational, capital allocation, and governance improvements — directly comparable in activist philosophy to Inclusive Capital Partners.
Broad incumbents
- KKR & Co. Global alternative asset manager with dedicated impact private equity, infrastructure, and credit strategies. A broad incumbent with ESG/sustainable investment capabilities that overlap thematically with Inclusive Capital Partners' mandate.
- Elliott Investment Management: One of the largest and most established activist funds globally, with a broad portfolio across geographies and sectors. A relevant comparable for activist investing scale and engagement tactics, though materially larger than Inclusive Capital Partners.
- Brookfield Asset Management: Large alternative asset manager with a growing sustainable and impact infrastructure franchise. Relevant as a broad incumbent competing for impact capital and a benchmark for scaled sustainable investing platforms.
Market position
Strengths4 records
Weaknesses5 records
Competitive moat3 records
Key risks6 records
Key highlights5 records
Customer concentration
Inclusive Capital Partners social profiles
Digital presenceInclusive Capital Partners financial estimates
Financial estimateRevenue estimate
Valuation estimate
Inclusive Capital Partners leadership team
Management profileNumber of profiles
Inclusive Capital Partners funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Inclusive Capital Partners M&A and investment
M&A and investmentM&A
Investments8 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Inclusive Capital Partners
What does Inclusive Capital Partners do?
Inclusive Capital Partners is an activist investment firm led by Jeff Ubben that identifies underperforming companies, acquires significant equity stakes, and drives operational and governance changes to unlock shareholder value. The firm focuses on sustainable and impact-oriented investment strategies, particularly in agricultural technology and environmental sectors, and engages directly through board participation at portfolio companies.
Is Inclusive Capital Partners a public or private company?
Inclusive Capital Partners is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Inclusive Capital Partners founded?
Inclusive Capital Partners was founded in 2012. It employs 1 to 10 people.
Where is Inclusive Capital Partners based?
Inclusive Capital Partners is headquartered in New York, United States, in the North America region.
Who are Inclusive Capital Partners's main competitors?
Direct peers on record are Actis, ValueAct Capital, Generation Investment Management, Pershing Square Capital Management, Engine Capital, Trian Fund Management and Starboard Value. Broad incumbents are KKR & Co., Elliott Investment Management and Brookfield Asset Management.
Does Inclusive Capital Partners have an API?
No public API is recorded for Inclusive Capital Partners.
What industry is Inclusive Capital Partners in?
Inclusive Capital Partners's product category is Investment Management. Its primary akta.pro industry code is FSAAALAG, Sustainable Private Markets (Impact PE/VC, Private Credit, Infrastructure), with a secondary code of FSANAJAN, SDG / Thematic Sustainable Investment Funds. Its NAICS code is 5239 and its SIC code is 6282.