Palestra Capital Management provides investment advice to private funds intended for wealthy individuals and institutions. Palestra manages these funds using in-depth research and analysis, primarily investing in long and short equity positions, with selective investments in credit and derivatives. Investments are tailored to the funds' objectives, not individual investor needs.
Palestra Capital Management does not directly manage investments for individual investors. They manage private investment funds, and investors are subject to management fees and performance-based compensation indirectly through their investment in a particular private fund.