About
Chip Frazier is a seasoned investment professional, formerly a Partner at PAR Capital Management Inc. in Boston, where he served from 2009 to 2019. At PAR Capital Management, he was responsible for equities portfolio management, overseeing research and investment in public markets with a strategic focus on long/short equity strategies, particularly in sectors such as airlines, transportation, and industrials.
He began his investment career as an Equity Analyst at J.L. Kaplan Associates LLC, then advanced to Partner and Senior Analyst at Trafelet & Co. LLC, gaining expertise in in-depth equity research and portfolio construction. After PAR Capital, Frazier founded and currently leads Hill City Capital LP, continuing his commitment to fundamental research-driven investing.
Mr. Frazier holds a BA and MBA from the University of Virginia and its Darden School of Business. His deep sector knowledge and investment acumen have led to board roles, including directorship at Atlas Air Worldwide Holdings, Inc., and he is recognized for his disciplined approach to portfolio management in the transportation and industrial public equities space.
Career History
| Organization | Role | Date Range | Details |
|---|---|---|---|
| PAR Capital Management | Partner | Jan 2009 to Jan 2019 | — |
Education
University of Virginia
2002 — 2004
Others at Par Capital Management Inc. (6)
| Name | Role | Location |
|---|---|---|
A Anthony Lee | Analyst at Par Capital Management | Boston, MA , United States |
 | Vice President of Data Science | Boston, MA , United States |
E Ed Shapiro | Partner | Boston, MA , United States |
 | Partner | Bethesda, MD , United States |
 | Portfolio Manager | Boston, MA , United States |
 | Managing Partner, Chief Operating Officer and General Counsel | Boston, MA , United States |