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Pennant Capital Management
If there's one thing Alan Fournier has proven in his 14 years as a hedge fund manager, it's his commitment to keeping his fund at a manageable size. Since founding Summit, New Jersey–based Pennant Capital Management in 2001, the long-short stock picker has stuck by his pledge to keep assets in his flagship Pennant Fund at a manageable $500 million. Fournier prefers to give capital back if he doesn't have fresh and profitable investment ideas. Pennant Capital returned $325 million to investors on December 1, 2013…
Back to Hedge Fund 100 Firm Profile Ranking 97. Pennant Capital Management / $6.87 billion Location: Summit, NJ Founded: 2001 2014 Hedge Fund 100 Rank: No. 94 2014 Capital: $6.7 billion 2013 Hedge Fund 100 Rank: No. 87 2013 Capital: $6.4 billion Years on List: 3 Address: One Deforest Avenue, Suite 200Summit, NJ 07901 Phone: 908-516-5800 Fax: 908-516-5066 Other Office: New York Profile
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