Hitchwood Capital Management

Overview

Hitchwood Capital Management is a hedge fund based in New York, specializing in equity investments across various industries and stages. The firm focuses on growth, late-stage, pre-IPO, buyout, turnaround, and distressed investments, primarily within the United States. Their portfolio spans sectors such as technology, healthcare, consumer goods, financial services, energy, real estate, telecommunications, media, utilities, materials, industrials, consumer services, basic materials, consumer non-durables, and technology services. Investment sizes typically range from $10 million to $500 million. Founded in 2014 by James Crichton, who previously co-founded Scout Capital Management, Hitchwood Capital Management has grown to manage approximately $3.82 billion in assets under management. The firm employs a team of 11 to 50 professionals and is registered with the U.S. Securities and Exchange Commission as an investment advisor. Their investment strategy emphasizes a discretionary approach, targeting opportunities that align with their expertise and market insights. Hitchwood Capital Management has a track record of engaging in significant investments across various sectors. For instance, in the first quarter of 2017, the firm held a portfolio valued at approximately $2.69 billion, comprising 41 distinct securities. Their investment philosophy centers on identifying undervalued opportunities and actively managing positions to achieve optimal returns. The firm's leadership, including individuals like Yufei Wang, Head Trader, brings extensive experience from previous roles at institutions such as Blackstone Group. This expertise contributes to Hitchwood's strategic decision-making and operational effectiveness.