Pelham Capital

Pelham Capital runs an equity long/short strategy, taking both long and short positions in listed equities, derivatives and indices. The firm invests across small, medium and large-capitalisation companies with a two-to-five-year investment horizon, aiming to deliver superior risk-adjusted returns through fundamental analysis.

Pelham operates through a group of Cayman Islands-domiciled master-feeder funds. The two primary strategies — a general long/short fund and a small-cap long/short fund — each have a limited company feeder, a limited partnership feeder, and a master fund. This structure is disclosed in the firm's privacy notice and aligns with a standard offshore hedge fund architecture.

The firm names an Administrator, Prime Brokers and Custodians in its privacy notice, though it does not publicly identify them. The firm also discloses a joint marketing arrangement with Glenernie Capital Ltd, under which investor information may be shared.

Pelham has not committed to the UK Stewardship Code. The firm states it supports the Code's objectives and considers ESG factors that are financially material over its long-term investment horizon, but it has chosen not to adopt any single set of stewardship principles given the number of international initiatives in development. Pelham retains discretion to exit an investment if engagement is unsuccessful.

Pelham Capital Ltd is authorised and regulated by the UK Financial Conduct Authority as a full-scope Alternative Investment Fund Manager. It was authorised under AIFMD on 29 September 2014. The firm's predecessor, Pelham Capital LLP, had been regulated by the Financial Services Authority since 1 October 2007. Eagle's Rest Limited, the Sub-Investment Manager, is subject to Jersey's data protection authority.