Palestra Capital Management Llc
- Regulatory AUM
- $5.4B
- Discretionary
- $5.4B
- Clients
- 6
- Avg AUM / client
- $907M
- Accounts
- 6
- Employees
- 21
AUM over time
Annual snapshots from Form ADV filings · as of Mar 31, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Pooled investment vehicles (non-investment companies) | 6 | $5.4B | 100.0% |
Private funds (2)
Reported in Form ADV Section 7.B.(1), filing of Aug 2024 · $4.5B combined gross assets
| Fund | Type | Domicile | Gross assets | Owners |
|---|---|---|---|---|
| Palestra Capital Master Fund, Lp master | Hedge Fund | Cayman Islands | $4.3B | 331 |
| Pcm Long Master Fund, Lp master | Hedge Fund | Cayman Islands | $159M | 5 |
People (5)
| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Immerman, Andrew, Jay | Co Founder | Sep 2011 (15y) | ≈ 18.75% – 50% via Palestra Management Lp | |
| Schiffman, Jeremy, Nathaniel | Co Founder | Sep 2011 (15y) | ≈ 18.75% – 50% via Palestra Management Lp | |
| Daniels, Kamand, Kamangar | General Counsel And Chief Compliance Officer | Sep 2020 (6y) | Less than 5% | |
| David, Vickram, Paul | President, Head Of Marketing/Investor Relations | Jan 2022 (5y) | Less than 5% | |
| Kharazishvili, Iosif | Chief Financial Officer | Dec 2022 (4y) | Less than 5% |
Entity owners (Schedule A/B)
| Entity | Title / status | Since | Sch. | Ownership |
|---|---|---|---|---|
| Palestra Management Lp | Member | Mar 2016 | A | 75% or more |
| Palestra Gp Llc | General Partner | Mar 2016 | B | GP / trustee / elected manager of Palestra Management Lp (indirect) |
Undisclosed: 0% – 25% of the firm is not attributable from the filed Schedule A bands.
Estimated effective ownership (look-through of filed bands):
- Immerman, Andrew, Jay: 25% – 50% of Palestra Management Lp × 75% – 100% direct ≈ 18.75% – 50% of the firm
- Schiffman, Jeremy, Nathaniel: 25% – 50% of Palestra Management Lp × 75% – 100% direct ≈ 18.75% – 50% of the firm
Roster from the IAPD representatives feed; ownership and acquisition dates from Form ADV Schedule A/B. "Since" is the earliest filed registration or acquisition date.
Private funds (2, $4.5B gross assets)
| Fund | Type | Gross assets | Min. investment | Owners |
|---|---|---|---|---|
| Palestra Capital Master Fund, Lp | Hedge Fund | $4.3B | $2.0M | 331 |
| Pcm Long Master Fund, Lp | Hedge Fund | $159M | $2.0M | 5 |
From Form ADV Section 7.B private fund reporting.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 03/31/2026 | 1.67 MB | View · PDF · Source ↗ |
Archived copies of the firm's regulatory filings, versioned by content hash.
Disciplinary disclosures
Allegations: ON JANUARY 26, 2017, PALESTRA VOLUNTARILY AGREED, WITHOUT ADMITTING OR DENYING ANY ALLEGATIONS, TO A SETTLEMENT WITH THE SEC RELATING TO RULE 105 OF REGULATION M UNDER THE SECURITIES EXCHANGE ACT OF 1934 ("RULE 105"). RULE 105 APPLIES IRRESPECTIVE OF ANY INTENT TO VIOLATE THE RULE. Status: Final Sanction Detail: PALESTRA AGREED TO PAY A TOTAL OF $180,968 IN DISGORGEMENT, INTEREST AND PENALITIES. PALESTRA MADE SUCH PAYMENTS ON JANUARY 31, 2017. Summary: ORDER IS FINAL AND THE DISGORGEMENT, INTEREST AND PENALTIES HAVE BEEN PAID BY PALESTRA ON JANUARY 31, 2017.
Disclosure text reproduced verbatim from the firm's own Form ADV filings.
How they charge
- • Percentage of assets under management
- • Performance-based fees
Services
- • Portfolio management for pooled investment vehicles
Custody
Firm reports having custody of client funds or securities (Item 9.A).
No custodian data reported or mined yet.
Source
All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: Mar 31, 2026.
View current Form ADV (SEC/IAPD) ↗