Who is behind Melvin Capital?
Shows documented founders, leaders, board members, funders and owners.
Not who made decisions, or why.
A connection is not evidence of wrongdoing.
On the record
Sourced links that no one presents as their own account, as recorded so far. Others may exist.
Founded by
- Gabe Plotkin founded Dec 2014 Primary record 12
Money in
-
Citadel
invested in
25 Jan 2021
$2B
Primary record
23
With Point72's $750 million, the total was $2.75 billion, for a non-controlling revenue share in Melvin. Citadel, the investment manager, is a separate firm from Citadel Securities, the market maker.
-
Point72
invested in
25 Jan 2021
$750M
Scholarship & press
2
Part of a $2.75 billion investment with Citadel, for a non-controlling revenue share in Melvin.
Proof 3 sources
-
Testimony of Gabriel Plotkin, Founder and Chief Investment Officer, Melvin Capital Management, U.S. House Committee on Financial Services, 18 Feb 2021.
Primary record
I am the founder and Chief Investment Officer of Melvin Capital.
-
Citadel, Point72 Back Melvin With $2.75 Billion After Losses, Bloomberg News, 25 Jan 2021.
Scholarship & press
This year’s stumble is rare for Plotkin. His firm has returned an average 30% a year since it was started in December 2014 after nearly a decade working for Cohen.
Citadel funds and firm partners will invest $2 billion, while Point72 Asset Management’s investment will be $750 million, the firms said Monday.
-
Game Stopped? Who Wins and Loses When Short Sellers, Social Media, and Retail Investors Collide (House hearing of 18 February 2021, Serial No. 117-3), U.S. Government Publishing Office, 2022.
Primary record
We first invested in Melvin Capital on Monday of the week in question. I want to say that it was the 24th of January. And prior to that, we had had no investment with Melvin Capital.
How this answer is built
Lines on the record come first: sourced links that no one presents as their own account, each with its strongest source. Then every account recorded here gets its own column, A to Z, none ranked above another. A column quotes only that account's own words and shows the strength of its own sources. Disputed lines are listed apart, with the reason, and lines still being verified come last. Neither is counted. Withdrawn lines are never shown.
When a list is longer than the page shows, the links the public methodology ranks strongest stay (methodology 0.3), and the rest open in the explorer.
Know a source we are missing? Propose it with a pull request to content/entities/org/me/melvin-capital.md.