Corvex Management Lp

Corvex Management LP is an investment adviser specializing in investment management for private investment funds. Established in December 2010, the firm focuses on fundamental, value-based investing with a specific emphasis on equity investments, special situations, and distressed securities. Corvex PE Advisors LP, a relying adviser of Corvex, was formed in 2024. The firm's investment strategies involve fundamental, event-driven processes, and it may use leverage, short sales, and derivative instruments. Corvex charges management fees ranging from 0.25% to 1.5% of clients' net assets and performance-based fees up to 30% of net realized and unrealized appreciation. The firm does not manage any client assets on a non-discretionary basis and had approximately $4 billion of regulatory assets under management as of December 31, 2024. Corvex may use soft dollars for research services and products and has adopted a Code of Ethics. The firm generally has custody over clients' assets and has the authority to vote proxies relating to securities in client accounts. Corvex does not compensate anyone for client referrals and has not been subject to a bankruptcy petition. The firm has a history of material changes and has been subject to disciplinary action by the SEC in the past. For more detailed information, please refer to the full brochure available on the SEC's website.