Fort Baker Capital Management LP
Fort Baker Capital Management LP is an institutional investment adviser and multi-strategy hedge fund based in Larkspur, California. Established in 2015, the firm specializes in catalyst-driven, discretionary investment management for a limited number of investment funds and institutional clients. It is led by principal owner Steven Patrick Pigott and employs approximately 12 professionals. Fort Baker provides portfolio management for pooled investment vehicles and investment companies, focusing on delivering industry-leading risk-adjusted returns through robust risk management and innovative alpha generation strategies.
Investment Strategy
Fort Baker Capital Management employs a multi-strategy, catalyst-driven investment approach. The firm seeks to generate differentiated, risk-adjusted returns through exceptional risk management and dynamic alpha generation in targeted markets. Investment vehicles include both onshore and offshore pooled funds, with select co-investment opportunities. The firm is committed to evolving strategies to capitalize on market catalysts while adhering to strict risk controls, serving institutional investors via discretionary mandates focused on performance and innovation.
Top Holdings
Equity Positions (29)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
A AACT | ARES ACQUISITION CORP II | 8.84% | $51.4M | 4,537,487 | $11.15 | $11.33 | -$1.7M |
S SKX | SKECHERS U S A INC | 6.42% | $37.3M | 591,758 | $63.10 | $63.10 | +$37.3M |
F FYBR | FRONTIER COMMUNICATIONS PARE | 6.22% | $36.2M | 993,695 | $34.70 | $36.40 | -$2.1M |
E EQV | EQV VENTURES ACQUISITION COR | 5.62% | $32.7M | 3,110,433 | $10.51 | $10.51 | +$32.7M |
N NWSA | NEWS CORP NEW | 5.50% | $32.0M | 1,075,516 | $27.35 | $29.72 | +$4.2M |
Options Positions (3)
| Ticker | Security | Action | Type | Notional Value | Contracts | Underlying Price | Premium Paid | Change (Contracts) | Change (Value) |
|---|---|---|---|---|---|---|---|---|---|
A AMED | AMEDISYS INC | — | Put | $8.6M | 878 | $98.39 | $92.63 | 0 | +$505.7K |
D DNB | DUN & BRADSTREET HLDGS INC | Sold | Call | $1.5M | 1,610 | $9.09 | $8.94 | -5,916 | -$5.3M |
W WBA | WALGREENS BOOTS ALLIANCE INC | — | Call | $207.8K | 181 | $11.48 | $11.17 | 0 | +$5.6K |
Industry Allocation
Team (2)
| Name | Role | Location | |
|---|---|---|---|
 | Founding Partner, Senior Analyst | San Francisco, CA , United States | |
 | Investment Analyst | CA , United States |