Altimeter Capital Portfolio and Investment Insights

Altimeter Capital has a diverse portfolio that spans various industries, including technology, consumer, and enterprise software.

The firm has invested in companies like Snowflake, a cloud-based data warehousing company, and ZoomInfo, a B2B contact data platform.

Altimeter Capital's investment strategy focuses on partnering with exceptional entrepreneurs and management teams to drive growth and innovation.

The firm's portfolio companies have collectively achieved significant milestones, including IPOs and acquisitions, demonstrating the success of Altimeter Capital's investment approach.

For more insights, see: Altimeter Capital Portfolio

Altimeter Capital manages a long / short public equity fund that invests in technology companies, with a strong performance averaging annual returns of 29.52% since 2011.

The firm's public equity fund is a notable one, with impressive returns that speak to its expertise in the tech space.

Altimeter Capital also manages private growth equity funds that invest in both early and later stage technology companies.

Its first private fund was closed in 2013, marking an important milestone for the firm's expansion into private markets.

Broaden your view: Technology Startup Funding

Altimeter Capital has made a total of 105 investments, with their latest being in OpenAI as part of their Unattributed VC on October 02, 2024.

Their investments span across various funds, with Crunchbase reporting 94 investments since inception across two funds.

They've also made notable deals with companies like Reify Health, Prisma, and Samooha, showcasing their diverse portfolio.

Meta Platforms made headlines in October 2022 when Gerstner, on behalf of Altimeter Capital, wrote an open letter to the company and its CEO, Mark Zuckerberg. The letter criticized Meta for having too many employees and moving too slowly to retain investor confidence.

Gerstner recommended reducing the headcount expense by 20% and limiting Metaverse investments to $5 billion per year. This sparked a significant change as Meta laid off over 11,000 employees just a few weeks later.

The impact of this decision is still being felt, but it's clear that the company is taking steps to address investor concerns and streamline its operations.

Broaden your view: Activist Investor Starboard Value

Altimeter has a significant portfolio, with 94 investments made since inception across two funds. This impressive track record demonstrates their ability to identify and support promising startups.

Their notable deals include Reify Health, a company that has likely made a significant impact in the healthcare industry.

Altimeter Capital has had a significant number of portfolio exits, with a total of 23. Their latest portfolio exit was Clumio on September 24, 2024.

One of their notable exits was Clumio, which was acquired by Commvault for a valuation of $XXM. This deal highlights Altimeter Capital's ability to identify and support successful companies.

Altimeter Capital's portfolio exits include a mix of acquisitions and acquisition financing deals. For example, Duetto was acquired by GrowthCurve Capital for a valuation of $XXM.

Here's a breakdown of Altimeter Capital's 23 portfolio exits:

Brad Gerstner's Altimeter Capital hedge fund has grown significantly since its founding in 2008, reaching $6.75 billion in assets under management today.

The fund's impressive growth is a testament to Gerstner's investment skills, as he has managed to generate annual average returns of 29.5% between 2011 and 2022.

Altimeter Capital has been a top performer in the industry, with a remarkable growth rate that has caught the attention of many investors.

For your interest: Centana Growth Partners Portfolio Companies

Altimeter Capital has a significant presence in the investment world. As of March 31, 2023, the firm has $8.6 billion in assets under management according to most recent regulatory filings.

This substantial AUM reflects the firm's successful growth and investment strategies over the years.

Altimeter Capital has a total of 8 funds, including the Altimeter Growth Castle Fund, which closed on April 29, 2020, with a fund size of $32.3M.

The fund size of Altimeter Growth Cascade Fund is unknown, as it's listed as $XXM in the article.

The fund size of Altimeter Growth Partners Fund III is also unknown, as it's listed as $XXM in the article.

Altimeter Capital has a fund that closed on December 31, 2019, but the fund size is unknown.

Here's a list of the funds mentioned in the article:

Altimeter Private Partners Fund II LP closed on December 31, 2015, but the fund size is unknown.

Altimeter Private Partners Fund I closed on July 24, 2014, with an unknown fund size.

Altimeter's assets under management (AUM) have been steadily growing. As of March 31, 2023, Altimeter has $8.6 billion in AUM according to most recent regulatory filings.

Hearing from the firm's founders, investors, and executives can provide valuable insights into their investment strategies and philosophies.

If you're interested in exploring career opportunities at Altimeter Capital, check out their job board for a list of current openings and job vacancies from similar firms.

Altimeter Capital is a great place to develop your career in finance, particularly if you're interested in technology investments.

Their job board offers a comprehensive list of available roles, giving you a clear picture of what's currently available.

Growth Equity, Private Equity, and Investment Banking are some of the areas where you can apply your skills and knowledge at Altimeter Capital.

You might like: State of Wisconsin Investment Board