Hedge Fund and Insider Trading News: Mantle Ridge LP, Platinum Partners, Haidar Jupiter Fund, Dark Forest Dark Forest Capital Management, Switchback II Corp (BRDS), Customers Bancorp Inc (CUBI), and More
NEW YORK (Reuters) - A U.S.
Mantle Ridge, established in the second quarter of 2016 by Paul Hilal, a former partner at Pershing Square Capital Management, is a hedge fund manager based in New York. The firm operates with a long-term perspective on value creation, aiming to deliver strong returns through a focused, research-intensive, and value-oriented investment strategy. Mantle Ridge is also known for its willingness to engage in activist investing when necessary to unlock value in its portfolio companies.
Paul Charles Hilal is an American businessman and investor, known for his role as the CEO of Mantle Ridge LP, which he founded in 2016. He graduated from Harvard College in 1988 with a degree in Biochemistry. In 1992, he earned his J.D. from Columbia University School of Law and an M.B.A. from Columbia University School of Business.
Mantle Ridge manages discretionary assets totaling $4,618,620,000 as of their Form ADV filed on March 2024 and serves 11 clients. Their most recent Q1 2024 13F filing disclosed holdings of $1,611,699,928 in managed 13F securities, reflecting a fully concentrated portfolio where the top 10 holdings constitute 100.0% of their investments. Dollar Tree Inc. stands as Mantle Ridge's largest holding, with 12,104,393 shares held.
