Fernbridge Capital Management Lp

Fernbridge Capital Management LP, established in September 2019, is an investment adviser based in Los Angeles, California. The firm specializes in providing discretionary investment management services to qualified investors through private funds, including Fernbridge Capital Master Fund LP, Fernbridge Capital Onshore Fund LP, and Fernbridge Capital Offshore Fund Ltd. The firm manages approximately $1.92 billion in regulatory assets under management as of December 31, 2024. Clients must meet a minimum investment of $10 million, which may be waived at the firm's discretion. Fernbridge charges a management fee ranging from 0.25% to 1.00% annually and an incentive fee based on outperformance. The firm's investment strategy focuses on long-only public equity investments in specific sectors, aiming to generate attractive, risk-adjusted returns. Fernbridge employs leverage, invests in equity and debt securities, and may use derivatives and hedging strategies. The firm has a Code of Ethics, practices best execution, and may use soft dollars for research services. Fernbridge has full discretionary investment authority and complies with custody and proxy voting rules. The firm reports audited financials annually and provides regular portfolio reviews and reporting to clients. There are no disciplinary events or financial conditions impairing Fernbridge's ability to meet its commitments.