Alden Global Capital LLC
Alden Global Capital LLC is a New York-based hedge fund founded in 2007, with headquarters at 885 Third Avenue in Manhattan. The firm is well known for its activist investing in distressed assets, particularly in the newspaper and publishing industry, and serves institutional and high-net-worth clients. Alden manages several funds targeting global opportunities and value recovery. The firm historically has kept staffing lean; public data suggests the employee count is under 50.
Investment Strategy
Alden Global Capital specializes in opportunistic and distressed investing, with focus areas including value recovery, restructuring situations, and global equities. The firm actively seeks undervalued assets in industries facing disruption—most notably media and publishing—often engaging in activist approaches. Portfolio construction favors concentrated positions in companies where Alden believes it can unlock value through operational or financial restructuring. Additionally, the firm manages distinct funds dedicated to real estate opportunities and international special situations.
Top Holdings
Equity Positions (20)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
C C | CITIGROUP INC | 15.79% | $25.7M | 301,497 | $76.71 | $85.12 | +$14.6M |
N NVDA | NVIDIA CORPORATION | 14.99% | $24.4M | 154,213 | $157.99 | $157.99 | +$24.4M |
I IBKR | INTERACTIVE BROKERS GROUP IN | 8.89% | $14.4M | 260,640 | $55.41 | $55.41 | +$14.4M |
E ET | ENERGY TRANSFER L P | 8.31% | $13.5M | 744,513 | $15.32 | $18.13 | +$1.7M |
D DELL | DELL TECHNOLOGIES INC | 7.88% | $12.8M | 104,514 | $122.60 | $122.60 | +$12.8M |
Industry Allocation
Investment Team (2)
| Name | Role | Location | |
|---|---|---|---|
H Heath Freeman | President | New York, NY , United States | |
J Jenn Wild | Managing Director | New York, NY , United States |