Established in November 2018, Jones Road Capital Management is a New York-based hedge fund management firm headed by CIO Aaron Wertentheil. The firm specializes in a special situations approach, diligently identifying opportunities across credit, equity, and various other asset classes.
Aaron Wertentheil launched Jones Road Capital Management with approximately $300 million in assets, including capital from Blackstone, contributions from Eric Mindich (his former boss at Eton Park), and funding from an undisclosed endowment. Wertentheil built his career at Mindich's renowned multi-strategy fund, Eton Park, which made headlines in the hedge fund industry by raising a record $3 billion in 2004. During his tenure, Wertentheil managed assets exceeding $1 billion and played a pivotal role in the firm's closure. Following Eton Park's closure in 2017, Wertentheil quickly garnered attention as a potential founder of his own firm or a senior executive at an established one.
Jones Road Capital Management is a hedge fund managing discretionary assets totaling $569,469,000 for 4 clients. In their latest Q1 2024 13F filing, the firm reported $133,734,747 in managed 13F securities, with a top 10 holdings concentration of 70.03%. Their largest holding is Meta Platforms Inc., with 43,175 shares held.
