People

Steve Mandel

Steve Mandel

Formal First Name
Stephen (Steve)
Link
Dates
1956 - present
Location

Steve Mandel is a renowned hedge fund manager, investor, and philanthropist. He is the Founder and Managing Director of Lone Pine Capital, a prominent hedge fund and fundamental equity investment firm. Mandel is one of Julian Robertson's "Tiger Cubs.” He built up a reputation as one of the hedge fund industry's best when it comes to fundamental analysis and bottom-up stock picking. He launched LPC following a storied career in the investment world, with stints as Senior Managing Director and Consumer Analyst at Tiger Global Management; and a Mass-Market Retail Analyst at Goldman Sachs.

Professional Experience


Academic History

LONE PINE CAPITAL

  • Lone Pine Capital is a research-driven, fundamental equity investment firm he launched following his tenure at Tiger Management.

  • Under his leadership, LPC has been known for its long/short equity strategy, fundamental analysis, and a mix of value and growth investment methodologies.

  • Mandel stepped back from managing investments for Lone Pine Capital in January 2019 but remains a Managing Director.


CURRENT APPOINTMENTS

  • Board of Dean’s Advisors, Harvard Business School

  • Trustee, Teach for America

  • Trustee, Dartmouth College

  • Founder and Board Member, Lone Pine Foundation


EARLY CAREER

  • He began his career with Mars and Company, where he developed an expertise in supermarkets.

  • He later joined Goldman Sachs working under Joe Ellis, where he focused on the retail sector.


EDMONTON

  • Mandel is an experienced political leader, business person, and community volunteer at Edmonton.

  • He led initiatives to fast-track LRT expansion, road improvements, and the construction of new libraries and community recreation facilities.

  • He helped bring billions of dollars of new development into Edmonton’s downtown. 

  • He organized focused efforts to address homelessness and community safety, expand seniors' housing, and promote engagement with multicultural communities. 


PHILANTHROPY

  • Mandel has poured hundreds of millions into his Zoom Foundation. The hedge fund also has its Lone Pine Foundation.

  • He is a big donor to charter schools and sits on the national board of directors of Teach for America.


MEDIA & PUBLICATIONS

  • He has been featured or quoted in Forbes, Bloomberg, Business Insider, CNBC, Yahoo! Finance, and Barron's, among others.