PAR CAPITAL MANAGEMENT, INC.

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Adviser Profile

As of Date:

03/28/2024

Adviser Type:

- Large advisory firm

Number of Employees:

13

of those in investment advisory functions:

7

Registration:

SEC, Approved, 2/10/2012

AUM:

2,830,095,878 35.60%

of that, discretionary:

2,830,095,878 35.60%

GAV:

2,830,095,878 35.60%

Avg Account Size:

2,830,095,878 35.60%

SMA’s:

NO

Private Funds:

1

Contact Info

617 xxxxxxx

Websites :
Client Types:

+

Advisory Activities:

+

Compensation Arrangments:

+

Reported AUM

Discretionary
Non-discretionary
8B 6B 5B 4B 3B 2B 1B
2015 2016 2017 2018 2019 2020 2021 2022 2023

Recent News

Akasa Air Eyes $75-100 mn via fresh equity, fundraising move will dilute Jhunjhunwala ...
06/15/2023

US-based hedge fund PAR Capital Management, which currently holds about a 6% stake in the airline, may subscribe to the shares. 2. The fundraising is ...

m.economictimes.com

PAR CAPITAL MANAGEMENT INC Buys 2, Sells 3 in 4th Quarter
02/18/2023

Related Stocks: META, DAL, CAR, UAL, EXPE,

gurufocus.com

PAR CAPITAL MANAGEMENT INC Buys 1, Sells 4 in 3rd Quarter
11/15/2022

Related Stocks: QUAL, META, SAVE, UBER, BKNG,

gurufocus.com

PAR Capital Raises Stake in CarGurus to 5.3%
09/12/2022

investing.com

PAR CAPITAL MANAGEMENT INC Buys 2, Sells 3 in 2nd Quarter
08/16/2022

Related Stocks: UBER, META, SABR, BALY, APLE,

gurufocus.com

Rakesh Jhunjhunwala bet big on Akasa, said its take-off changed the game
08/15/2022

Jhunjhunwala infused over Rs 260 crore into Akasa Air, which also counts US-based hedge fund PAR Capital Management, stock market investor Madhav ...

business-standard.com


Private Funds Structure

Fund Type Count GAV
Hedge Fund 1 $2,830,095,878

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Private Funds



Employees




Brochure Summary

Overview

PAR Capital Management, Inc. (the “Adviser”) is a Delaware corporation that was organized in March 1992 to serve as the investment adviser to PAR Investment Partners, L.P., a Delaware limited partnership (the “Partnership”). The general partner of the Partnership is PAR Group II, L.P. (“PAR Group”), and the Adviser is the general partner of PAR Group. The principal owner of the Adviser is Paul A. Reeder, III. As of December 31, 2022, Arthur G. Epker, III, Steven M. Smith, and Marc Zimman are also shareholders of the Adviser. Certain employees of the Adviser may also invest in PAR Group. The Adviser does not act as investment adviser to any person or entity other than the Partnership
and PAR Group conducts no business other than acting as general partner to the Partnership. The Partnership’s investment objectives are set forth in its offering documents. Investors in the Partnership do not have the ability to impose specific investment objectives or restrictions on the Partnership. As of December 31, 2022, the Adviser managed approximately $1,594,089,428 of assets on behalf of the Partnership, after taking into account year-end withdrawals. This amount represents the approximate “net asset value” of the Partnership, and not the “regulatory assets under management,” as of such date. All assets of the Partnership are managed on a discretionary basis.