Hedge Fund - Gratia Capital

Steve Pei Bio, Returns, AUM, Net Worth

A former Vice President at Joshua Friedman and Mitchell Julis’ Canyon Capital Advisors, Steve Pei started Gratia Capital in 2012, after landing a $25 million seed deal from Geoffrey Raynor’s Q Investments. The Los Angeles-based fund is a multistrategy, value/event-driven hedge fund, which seeks to capitalize on opportunistic investing in its three focal sectors: consumer, industrial, and real estate. Pei, also a former associate at Bain Capital, graduated from the University of Pennsylvania in 2000. Gratia Capital has assets under management of $500 million, and an equity portfolio valued at $186 million at the end of 2014.

Steve Pei
Fund Profile
Filing Period:
Fund Name: Gratia Capital
Manager Steve Pei
Portfolio Value $91,447,063
Change This QTR +1.06%
Fund Holdings Sector Distribution
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Last update:
No. Security Ticker Shares Value Activity % Port History
1. TRTX 1,509,224 $11,651,209 +116% 12.74%
2. BYD 156,238 $10,517,942 11.5%
3. IEF 50,000 $10,515,000 11.49%
4. BYD 142,000 $9,559,440 10.45%
5. TRTX 1,000,000 $7,720,000 NEW 8.44%
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