Sessa Capital Management, established in 2007 by John Petry, is a New York-based hedge fund manager. Initially known as Sissa Capital, the firm rebranded in 2012. Starting with around USD 100 million, Sessa Capital focuses on concentrated special situation opportunities in the US and abroad.
John Eric Petry, the founder of Sessa Capital IM LP, serves as Principal and Owner. He is also a board member of Quinzel Acquisition Co. Petry has prior experience at Columbus Hill and Gotham Capital and is a graduate of The Wharton School (1989-1993).
As of March 29, 2024, Sessa Capital IM manages discretionary assets totaling $3.6 billion for five clients. Their Q1 2024 13F filing reported $4.2 billion in managed securities, with 83.96% concentrated in their top 10 holdings. Sessa Capital's largest holding is Tesla Inc., with 9,150,000 shares.