Incline Global Management is a New York-based hedge fund manager founded in Q1 2012 by Jeff Lignelli, a former senior partner at Appaloosa Management. The firm's flagship fund, launched in April 2012, received substantial backing from David Tepper of Appaloosa Management. Incline Global focuses on maximizing absolute returns over the long term while minimizing the risk of capital loss. It achieves this by investing primarily in a portfolio of publicly traded global equity securities using an equity hedge fund structure, targeting companies listed on developed market exchanges.
Jeffrey L. Lignelli founded Incline Global Management LLC in April 2012 after leaving Appaloosa Management. He has served as the Chief Executive Officer and Portfolio Manager since the firm's inception. Jeff brings extensive experience from previous roles at Appaloosa Management LP, Stonebrook Fund Management, Omega Advisors, and Atticus Capital. He holds a Bachelor of Science (B.S.) in Economics from the Wharton School, University of Pennsylvania, earned between 1990 and 1994.
Incline Global Management is a hedge fund managing discretionary assets totaling $349,210,622 for 5 clients, as reported in their Form ADV dated March 2024. Their latest 13F filing for Q1 2024 disclosed $315,015,523 in managed 13F securities, with a top 10 holdings concentration of 48.64%. The firm's largest holding is WEX, Inc., with 66,590 shares held.
| Fund Name: | Incline Global Management |
| Manager | Jeffrey L. Lignelli |
| Portfolio Value | $225,148,688 |
| Change This QTR | +0.93% |
| No. | Security | Ticker | Shares | Value | Activity | % Port | History |
|---|---|---|---|---|---|---|---|
| 1. | PINS | 331,578 | $10,733,180 | NEW | 4.76% | ||
| 2. | Match Group Inc New | 283,348 | $10,721,888 | -22% | 4.76% | ||
| 3. | STNE | 947,797 | $10,672,194 | +4% | 4.74% | ||
| 4. | WEX | 50,626 | $10,617,791 | -21% | 4.71% | ||
| 5. | LULU | 38,881 | $10,550,359 | NEW | 4.68% |
