Palestra Capital Management

888 7TH Avenue
New York, NY 10019

Website: palestracap.com

Firm Size

• Assets Under Management (AUM):$3.9 Billion
• Number of Funds:2
• Employees:21
• Firm Type:Hedge Fund

Description

Palestra Capital Management LLC is a hedge fund based in New York, NY. The firm was founded in 2008 by Carl Icahn's former portfolio manager, Andrew Schechtman. Palestra Capital focuses on long/short equity investment strategies, seeking to generate alpha through extensive research and analysis of companies and their markets. The firm primarily invests in the technology, media, and telecommunications sectors. Palestra Capital has a flexible approach to investing, employing fundamental analysis, as well as quantitative and technical indicators to make investment decisions. As of the most recent data available, the firm manages approximately $700 million in assets.