Updated:
Lone Pine Capital
Lone Pine Capital is a research-driven fundamental equity firm founded by Stephen Mandel Jr.
Lone Pine Capital
Lone Pine is a research-driven, fundamental equity investor founded in 1997. Since inception, we have focused on developing a leading investment platform that distills global, cross-sector idiosyncratic and thematic research into concentrated portfolios of our best ideas. Our integrated investment team works collaboratively to invest in what we believe to be high-quality companies to generate attractive risk-adjusted returns for our partners. Please be aware that Lone Pine's name, brand, and reputation may be misused by unauthorized third parties. We do not provide investment advice or otherwise solicit capital via social media, including LinkedIn and Facebook, or encrypted chat platforms, including Telegram, WhatsApp, or Signal. If you receive a communication that appears suspicious, please report it to us at hrcontacts@lpcap.com.
General information
Firm type
Asset Manager
Year founded
1997
AUM
Undisclosed
Location
Region
North America
Country
United States
City
Greenwich
Corporate office
2 Greenwich Plaza, Suite 220, Greenwich, CT 06830, United States
Additional offices
527 Madison Avenue, 16th Floor, New York, NY 10022, United States
Principals
David Magerman
Management Committee Member
Altss tracks 2 additional named team members for this firm — including direct investment leads, IR, and operating principals not listed on the public website.
Book a demoSector focus
Frequently asked questions
Who runs investment decisions at Lone Pine Capital?
Stephen Mandel Jr. founded the firm and led investments for over 25 years. In May 2024, he stepped back from daily portfolio management into a senior advisory role (per The Wall Street Journal, May 2024). A management committee now oversees the investment team, which operates through cross-sector collaboration.
Does Lone Pine Capital invest in private markets?
Yes, according to the firm's website, it evaluates opportunities across both public and private markets. The firm's core strategy remains public equity long/short, but it periodically makes direct investments in private companies. Specific private holdings are not regularly disclosed.
How is Lone Pine Capital structured relative to other Tiger Cubs?
Lone Pine is one of the earliest Tiger Cub funds, founded by a former Tiger Management analyst in 1997. Unlike some spin-offs that became multi-strategy firms, Lone Pine has kept a focused fundamental equity approach. The firm operates as a partnership with no external parent, giving it independence in investment decisions.
What sectors does Lone Pine Capital focus on?
The firm targets technology, healthcare, consumer, financials, media & entertainment, and industrials. According to public filings, its portfolio has historically been weighted toward large-cap technology stocks like Meta, Alphabet, and Microsoft. The firm does not publish a list of excluded sectors.
Does Lone Pine Capital maintain a philanthropic foundation?
The firm itself does not disclose a philanthropic arm, but its founder Stephen Mandel Jr. personally engages in philanthropy through the Lone Pine Foundation, which supports education and Jewish causes. The foundation is distinct from the investment entity.
Is Lone Pine Capital only investing in long positions?
The firm uses a long/short equity strategy. Long positions have historically dominated its portfolio, but it has taken short positions to hedge market risk. The firm does not disclose current short book details.
What is Lone Pine Capital's known posture on co-investments alongside external GPs?
Lone Pine publicly emphasizes direct, research-driven investments rather than fund-of-funds or third-party GP allocations. It does not market co-investment vehicles. However, the firm may participate in syndicated deals in private markets.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
Need institutional-grade insight on registered investment advisers?
Altss delivers:
Prefer a guided tour?
We’ll walk you through: