JNE PARTNERS LLP

Thesis

JNE Partners LLP is a London-based investment manager specializing in fundamental value investing across public and private equities and credit, with a strong European focus. The firm employs a multi-strategy approach, seeking the best risk-adjusted opportunities across various asset classes, including distressed assets, event-driven situations, equity long/short, merger arbitrage, and convertible/volatility strategies. Their core strategy emphasizes fundamental analysis and long-term holdings, investing in securities trading below their intrinsic value. JNE Partners manages a concentrated portfolio and has indicated managing over $1 billion in assets. The firm was established in 2009, with its strategy originating in 2006 as part of MSD Capital before becoming independent in 2019. They manage a long-biased hedge fund (JNE Master Fund LP) and a closed-end fund (JNE Illiquid Opportunities Fund).