CAT ROCK CAPITAL MANAGEMENT LP other names

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Adviser Profile

As of Date:

03/27/2024

Adviser Type:

- Large advisory firm


Number of Employees:

5 -16.67%

of those in investment advisory functions:

3


Registration:

SEC, Approved, 6/25/2015

AUM:

1,578,579,148 2.00%

of that, discretionary:

1,578,579,148 2.00%

GAV:

1,578,579,148 2.00%

Avg Account Size:

315,715,830 22.40%


SMA’s:

NO

Private Funds:

3 1

Contact Info

203 xxxxxxx

Websites :
Client Types:

+

Advisory Activities:

+

Compensation Arrangments:

+

Reported AUM

Discretionary
Non-discretionary
3B 3B 2B 2B 1B 863M 431M
2015 2016 2017 2018 2019 2020 2021 2022 2023

Recent News

8 Stocks to Buy According to Alexander Captain’s Cat Rock Capital
10/31/2022

In this article, we discuss 8 stocks to buy according to Alexander Captain’s Cat Rock Capital. If you want to skip our detailed analysis of Captain’s investment philosophy and performance, go directly to 4 Stocks to Buy According to Alexander Captain’s Cat Rock Capital.  In the first quarter of 2015, Alexander Captain established the Connecticut-based […]

Insider Monkey

4 Stocks to Buy According to Alexander Captain’s Cat Rock Capital
10/31/2022

In this article, we discuss 4 stocks to buy according to Alexander Captain’s Cat Rock Capital. If you want to read our detailed analysis of Captain’s investment philosophy and performance, go directly to 8 Stocks to Buy According to Alexander Captain’s Cat Rock Capital.  4. Meta Platforms, Inc. (NASDAQ:META) Cat Rock Capital’s Stake Value: $56,468,000 […]

Insider Monkey

CAT ROCK CAPITAL MANAGEMENT LP Cuts Portfolio Down to Size in 2nd Quarter
08/16/2022

Related Stocks: META, LBRDK, ACVA, ZM, TDG,

gurufocus.com

Top 10 Stock Picks of Alexander Captain’s Cat Rock Capital
08/02/2022

In this article, we discuss the top 10 stock picks of Alexander Captain’s Cat Rock Capital. If you want to skip our detailed analysis of Captain’s investment philosophy and performance, go directly to Top 5 Stock Picks of Alexander Captain’s Cat Rock Capital. Alexander Captain is the founder and managing partner at Cat Rock Capital. He […]

Insider Monkey

Top 5 Stock Picks of Alexander Captain’s Cat Rock Capital
08/02/2022

In this article, we discuss the top 5 stock picks of Alexander Captain’s Cat Rock Capital. If you want to read our detailed analysis of the Captain’s investment philosophy and performance, go directly to Top 10 Stock Picks of Alexander Captain’s Cat Rock Capital. 5. Microsoft Corporation (NASDAQ:MSFT) Cat Rock Capital’s Stake Value: $72,453,000 Percentage of […]

Insider Monkey


Private Funds Structure

Fund Type Count GAV
Hedge Fund 3 $1,578,579,148

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Private Funds



Employees




Brochure Summary

Overview

A. General Description of Cat Rock Capital Management LP Cat Rock Capital Management LP is an investment advisory firm founded by Alexander Captain. Cat Rock was formed on February 19, 2015 and is organized as a Delaware limited partnership. Cat Rock Capital GP LLC (the “General Partner”) is the general partner of Cat Rock. Cat Rock’s principal owner is Alexander Captain. We are registered with the SEC as an investment adviser pursuant to the Investment Advisers Act of 1940, as amended (“Advisers Act”). Such registration does not imply that the SEC has endorsed or approved the qualifications of Cat Rock, the General Partner, or any of their respective affiliates, employees or representatives to provide the advisory services described herein. We serve as the investment manager to (i) Cat Rock Capital Master Fund LP, a Cayman Islands exempted limited partnership (the “Master Fund”); (ii) Cat Rock Capital Partners LP, a Delaware limited partnership (the “US Feeder”), which is designed primarily for certain qualified U.S. taxable persons, and which will invest all of its investable assets in the Master Fund; (iii) Cat Rock Capital Partners Cayman Ltd, a Cayman Islands exempted company (the “Offshore Feeder”), which is designed primarily for certain qualified investors who are not U.S. persons and for certain qualified U.S. tax-exempt investors, and which will invest all of its investable assets in the Master Fund; (iv) Cat Rock Opportunities Fund LP, a Delaware limited partnership (the “Opportunities Fund”); (v) Cat Rock Opportunities Fund II LP, a Delaware limited partnership (the “Opportunities Fund II”); Cat Rock SPV LP, a Delaware limited partnership (the “SPV”), which is designed primarily for certain qualified U.S. taxable persons, and which will invest substantially all of its investable assets in one publicly-traded security; and Cat Rock SPV Cayman LP, a Cayman Islands exempt partnership (the “SPV Offshore Feeder”), which is designed primarily for certain qualified investors who are not U.S. persons and for certain qualified U.S. tax-exempt investors, and which will invest all of its investable assets in the SPV. In addition, we may in the future serve as the investment adviser to certain separately managed accounts (the “Managed Accounts” and each, individually as the context may dictate, a “Managed Account”). Unless otherwise noted, we refer to the US Feeder together with the Offshore Feeder as the “Feeder Funds” and, together with the Master Fund; the Opportunities Fund; the Opportunities Fund II; the SPV; and the SPV Offshore Feeder as the “Funds,” and each, individually as the context may dictate, a “Fund.” We refer to the Funds and the Managed Accounts, collectively, as our “Direct Clients”, or as our “Clients”, and each a “Direct Client” or “Client.” We refer to each of the limited partners or shareholders of the Funds with other prospective limited partners or shareholders of the Funds, as the case could be, collectively, as our “Fund Investors.” As of December 31, 2022, the SPV and the SPV Offshore Feeder sold their only investment and are in the process of winding down. The general partner of the US Feeder and the Master Fund is Cat Rock Capital LLC (the “Fund GP”); the general partner of the Opportunities Fund is Cat Rock Opportunities Fund GP LLC (the “Opportunities Fund GP”); and the general partner of the Opportunities Fund II is Cat Rock Opportunities GP II LLC (the “Opportunities Fund GP II”); and the general partner of the SPV and the
SPV Offshore Feeder is Cat Rock Capital SPV GP LLC (the “SPV GP”). From time to time, we or our affiliates may launch, sponsor, or provide investment advisory services to additional pooled investment vehicles or managed accounts. Therefore, references to Feeder Funds, Funds, Managed Accounts, Direct Clients, Clients and Fund Investors shall include any such additional pooled investment vehicles or separately managed accounts. B. Description of Advisory Services We, as an investment adviser, provide discretionary investment advisory services and design, structure and implement investment strategies through a master-feeder structure in the Master Fund and Feeder Funds, or a drawdown structure for the Opportunities Fund and Opportunities Fund II, to entities that are pooled investment vehicles. The Funds’ investment strategy is to achieve capital appreciation through long-term investing in a concentrated portfolio of undervalued publicly-traded securities as well as certain private securities. The Funds engage in the purchase and/or sale of a broad range of securities. Cat Rock provides its advisory services to the Clients in accordance with the investment objectives, investment guidelines, limitations and restrictions set forth in each Client’s confidential private placement memorandum, limited partnership agreement, investment management agreement and other formation and operating documents pertaining to the Client (collectively, the “Governing Documents”). Cat Rock’s advisory services for each Client are detailed in the Client’s Governing Documents and are further described below under “Item 8. Methods of Analysis, Investment Strategies and Risk of Loss.” The general investment guidelines and restrictions applicable to any particular Client are negotiated and fixed at the time that the particular Client is formed, although there may be subsequent revisions with the consent of the Client’s limited partners. In accordance with common industry practice, the general partner of a Fund has in certain instances entered into “side letters” or side agreements with certain Fund Investors in a Fund whereby the general partner (an affiliate of Cat Rock) grants individual Fund Investors specific rights, benefits, or privileges not set forth in the Governing Documents. See “Item 8. Methods of Analysis, Investment Strategies and Risk of Loss—Side Letters.” Fund Investors participate in the Fund’s overall investment program, but could be excused from a particular investment due to legal, regulatory or other applicable constraints. C. Description of Advisory Services / Tailoring Advisory Services to the Individual Needs of Clients We do not tailor advisory services to the individual needs of a Client or Fund Investor, and the Fund Investors could not impose restrictions on investing in certain securities and other financial instruments or certain types of securities and other financial instruments. As referenced above, Cat Rock provides its advisory services to the Funds in accordance with the specific investment objectives, strategies, limitations and restrictions described in the Governing Documents of a respective Fund. D. Wrap Fee Program We do not participate in wrap fee programs. E. Assets Under Management As of December 31, 2022, we managed approximately $1,547,604,028 in regulatory assets under management on a discretionary basis. We do not manage any regulatory assets on non-discretionary basis. No individualized investment advice is provided to any particular Fund Investor.