Gates Capital Management, Inc.

Gates Capital Management, Inc. is a Registered Investment Adviser founded in 1996, owned exclusively by Jeffrey L. Gates. The firm manages domestic and offshore limited partnerships, focusing on event-driven equities and debt investments. Gates Capital manages approximately $3.94 billion in regulatory assets under management on a discretionary basis as of December 31, 2024. The firm charges management fees ranging from 1.0% to 1.5% based on net asset value and also levies performance fees of up to 20% on net profits. Clients include high-net-worth individuals, family offices, and foundations, with a minimum investment of $1 million. Gates Capital emphasizes risk management, utilizing liquidity requirements and options to protect positions. The firm discloses a settlement with the SEC related to a violation of Rule 105 and has implemented policies to address conflicts of interest. Gates Capital's brokerage practices prioritize best execution and research services, with a formal arrangement to use commission credits for research. The firm has a proxy policy and provides audited financial statements to investors. Gates Capital has not filed for bankruptcy and maintains financial stability. Clients are encouraged to review the firm's Code of Ethics and proxy voting policies for further details.