JAT Capital Management LP

JAT Capital Management LP sub-advises private funds on a discretionary basis and, as of March 1, 2026, managed approximately $228.5 million on behalf of qualified‑purchaser funds. The brochure states the firm currently concentrates on sub‑advisory arrangements and may in the future advise additional private funds, pooled vehicles and separately managed accounts for institutional, non‑retail investors.

The firm pursues a short‑term, opportunistic long/short and event‑driven trading strategy intended to capture stock‑specific technical and factor dislocations, with portfolio exposures frequently concentrated in technology, media, telecommunications, consumer, travel/leisure and gaming sectors. Investment decisions are grounded in fundamental analysis supplemented by alternative data, and the strategy may employ borrowing, leverage, short selling, hedging and a wide range of derivative instruments to implement and manage positions.

Notably, JAT’s disclosure explicitly contemplates borrowing and the use of derivatives and futures for investment and cash‑management purposes and includes detailed discussion of the operational and regulatory implications of cleared and uncleared swaps, margin and central clearing. The firm also discloses a strategic institutional investor relationship, the use of soft‑dollar research arrangements and performance‑based compensation with pari‑passu trading and documented allocation procedures, creating specific conflict‑management and operational considerations relative to many peers.