What is Value Aligned Research Advisors?

Value Aligned Research Advisors (or VARA) is a shadowy private investment fund. Despite managing ~$9.94 billion in assets, there’s very little coverage of the fund (which doesn’t have a website, or any other public-facing information about it), and nobody has tried to understand what their investment strategy is. They have only a few people involved with running the fund, and the head office they…