Altimeter Capital Management, LP (“Altimeter”), a Delaware limited partnership, was formed in
October 2008 and is registered with the Securities and Exchange Commission (“SEC”) as an
investment adviser. Altimeter provides investment advisory services on a discretionary basis (i) to
an open-ended long/short public investment fund (the “Hedge Fund”), (ii) to closed-ended venture
capital funds (each, a “Venture Capital Fund”), and (iii) to closed-ended co-investment funds
(each, a “Co-Investment Fund” and collectively with the Hedge Fund and the Venture Capital
Funds, the “Funds”). Each Fund is exempt from registration under the Investment Company Act
of 1940, as amended (the “1940 Act”), and no Fund securities are registered under the Securities
Act of 1933, as amended (the “Securities Act”). The term “Client” used in this brochure refers to
the Funds collectively and any other clients managed by Altimeter as of the date of this brochure.
For all Funds, Altimeter identifies investment opportunities, and acquires, manages, monitors, and
disposes of investments on a discretionary basis. Altimeter’s investment-advisory activity focuses
primarily on advising the Funds about investments in securities of publicly traded and non-publicly
traded companies that Altimeter believes may offer opportunities to realize substantial long-term
appreciation. Altimeter may also offer advice on investments in equities, short sales, venture
capital transactions,
digital assets, derivative instruments, options, commodities, currencies, and
other asset classes. Altimeter’s investment approach largely concentrates of certain sectors,
including information technology, consumer discretionary, and communication services.
Altimeter also focuses on companies in the mobile internet, fintech, software, cloud computing,
machine learning, artificial intelligence, disruptive transformation, and logistics and infrastructure,
among others. Altimeter’s Hedge Fund primarily focuses on investing in publicly traded securities,
although it may invest in illiquid or private investments from time to time. Altimeter’s Venture
Capital and Co-Investment Funds typically invest in private companies.
Altimeter does not tailor advisory services to individual client needs. Instead, Altimeter manages
each Fund according to the stated investment strategy contained in that Fund’s offering documents.
Altimeter does not participate in any wrap-fee programs.
Brad Gerstner is Altimeter’s principal owner and Chief Executive Officer. He also is principal
owner of Altimeter Capital Management General Partner LLC, a Delaware limited liability
company, which serves as the General Partner of Altimeter.
As of December 31, 2022, Altimeter provides investment advice with respect to a total of
approximately $8,568,002,542 in regulatory assets under management, all of which is managed on
a discretionary basis.