Pennant Capital Management

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Pennant Capital Management — overview

Type

Hedge Fund Manager

Location

Summit, NJ, US

Alternative Asset Class

Established

2001

Firm Ownership

-

Investment Team Staff

Total Staff

4

About

Based in Summit, New Jersey, Pennant Capital Management was an equity-focused hedge fund manager founded in 2001 by Alan Fournier, formerly of Appaloosa Management. The firm sought to achieve its investment objectives through a long/short equity-focused strategy. A subsidiary of Pennant Capital Management, Broadway Gate Capital was acquired by the firm in August 2010. The firm shut down its operations in March 2018 and returned all client capital.
Asset ClassNo. of Funds Currently ManagedFunds Raised in the last 10 yearsEst. Dry PowderStrategies
Private Equity--
Private Debt--
Real Estate--
Infrastructure--
Natural Resources--
Asset ClassNo. of Funds Currently ManagedAuMDate of AuMStrategies
Hedge Funds--

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Pennant Capital Management - hedge funds managed (12)

Fund NameShare ClassesInception DateCore StrategyStatusLatest AUM
Broadway Gate Master Fund-Long/Short EquityLiquidated
Broadway Gate Offshore Fund-Long/Short EquityLiquidated
Broadway Gate Onshore Fund-Long/Short EquityLiquidated
Pennant Credit Opportunities Fund-Long/Short CreditLiquidated
Pennant Credit Opportunities Offshore Fund-Long/Short CreditLiquidated

Showing 5 of 12 hedge funds managed by Pennant Capital Management

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Pennant Capital Management - known investors (48)

InvestorNumber of FundsTypeCityCountryAsset Class
1Private Sector Pension FundNew YorkUSHF
1Private Sector Pension FundNew YorkUSHF
2Endowment PlanAlfredUSHF
1Private Sector Pension FundNew YorkUSHF
1FoundationBaltimoreUSHF

Showing 5 of 48 known investors Pennant Capital Management

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