Oribel Capital Management is a hedge fund management firm headquartered in New York, NY. Specializing in technology and tech-enabled businesses, the firm employs a fundamental long/short equity approach. Oribel's investment philosophy emphasizes the importance of minimizing drawdowns to optimize absolute returns. This philosophy guides their strategy, which integrates three core components: top-down strategy, rigorous fundamental research, and robust risk control measures.
Mikal Indravadan Patel founded Oribel Capital Management LP in 2015, where he serves as Owner. Before founding Oribel, Mr. Patel held roles as Senior Analyst at Balyasny Asset Management LP, Analyst at Alkeon Capital Management LLC from 2002 to 2004, Portfolio Manager at Platinum Management (NY) LLC, and Portfolio Manager at Natixis SA. He earned his undergraduate degree in 2002 from The Leonard N Stern School of Business.
Oribel Capital Management is a hedge fund managing discretionary assets totaling $1,202,599,894 according to their Form ADV filed on March 2024, for 10 clients. Their Q1 2024 13F filing indicated holdings of $1,710,614,535 in managed 13F securities, with a top 10 holdings concentration of 38.34%. The firm's largest position is in S&P Global Inc. (formerly McGraw-Hill Inc.), with 254,000 shares held.
