Altimeter Capital Management: Platform Profile

Overview

Altimeter Capital Management is a technology-focused investment firm that invests through public and private market funds. Its first-party positioning emphasizes long-term partnership with technology companies through multiple stages of growth, including the transition into public markets.

The manager combines a large public-equity hedge-fund book with a substantial venture/private-fund platform.

May fit better for

• qualified investors seeking technology-focused public and private investing;
• allocators comfortable with crossover and venture exposure;
• investors seeking concentrated growth-company portfolios;
• investors able to tolerate private-company valuation and liquidity risk.

May fit less well for

• retail users seeking public self-service hedge-fund access;
• investors seeking sector-neutral diversification;
• users who treat the 13F as Altimeter's complete public/private portfolio;
• investors expecting venture funds and hedge funds to have identical liquidity.

Altimeter is SEC registered

• Legal adviser: Altimeter Capital Management, LP
• CRD: 160017
• SEC number: 801-73411
• SEC registration effective: 2012-03-30
• SEC registered investment adviser: Yes

The IAPD profile includes multiple relying advisers associated with private investment vehicles.

Current regulatory AUM is $18.754B

Current March 31, 2026 Form ADV:

• Regulatory AUM: $18.754B
• Regulatory AUM exact: $18,753,715,687
• Regulatory AUM as of: 2026-03-31
• Discretionary AUM: $18.754B
• Client accounts: 36
• Employees: 35

Q2 2026 13F value is $9.830B

The SEC summary page reports:

• Q2 2026 13F value: $9.830B
• Q2 2026 13F exact value: $9,829,676,383
• Q2 2026 13F as of: 2026-06-30
• Q2 2026 13F entry count: 20

A 20-line 13F captures a concentrated reportable securities book but excludes much of the private-market platform.

First-party identity is technology-focused public/private investing

• Technology focused: Yes
• Public market investing: Yes
• Private market investing: Yes
• Multi stage growth investing: Yes
• Long term company partnership: Yes

Altimeter's homepage states that it manages funds investing in both public and private markets.

Private-fund platform is roughly balanced between hedge and venture GAV

Current March 31, 2026 Form-ADV-derived research:

• Private fund count: 38
• Private fund gross assets: $19.2B
• Hedge fund gross assets: $10.0B
• Venture capital fund gross assets: $9.3B

Private-fund GAV and RAUM use different regulatory concepts.

Form D fundraising totals are not current NAV

Current Form D-derived examples include:

• Altimeter Partners Fund total raised: $3.61B
• Altimeter Partners Fund latest Form d date: 2026-04-30
• Altimeter Premier Growth VIII total raised: $1.56B
• Altimeter Premier Growth VIII latest Form d date: 2026-08-20

Website access is not a public investment service

Altimeter's current terms state that:

• the website is informational;
• it is not used to offer securities or investment advisory services;
• investments are offered through final private-placement or related offering documents;
• qualifications apply to prospective investors;
• loss of the entire investment is possible.

SEC registration is not approval

Altimeter expressly states:

• SEC registration implies skill or training: No
• Regulatory approval of investments: No

Preserve that distinction.

Assessment

Altimeter's $9.830B Q2 13F is large and concentrated, but it captures only part of an $18.754B regulatory platform that also includes substantial venture/private-market exposure.

The 13F and the private-fund GAV figures should never be added together to manufacture a larger “total AUM” number.