Parsifal Capital Management, LP (hereinafter “Parsifal”, “we”, “us”, “our”, “Investment
Manager” or the “Firm”) is organized as a Delaware limited partnership with a principal place of
business in Greenwich, Connecticut, which was founded in November 2018. Parsifal Capital
Management GP, LLC is the general partner (“Firm General Partner”) of the Investment Manager.
David Zorub is the principal owner of the Investment Manager and Firm General Partner.
Parsifal currently serves as the investment adviser, with discretionary trading authority, to private,
pooled investment vehicles, the securities of which are offered through a private placement
memorandum to accredited investors, as defined under the Securities Act of 1933, as amended,
and qualified purchasers, as defined under the Investment Company Act of 1940, as amended.
Parsifal provides discretionary investment management services to qualified investors through its
private funds:
• Parsifal Offshore Ltd., a Cayman Islands exempted company (the “OffshoreFund”);
• Parsifal Fund, LP, a Delaware limited partnership (the “Onshore Fund”);
• Parsifal Master Fund Ltd., a Cayman Islands exempted limited partnership (the “Master
Fund” and, collectively with the Offshore Fund and the Onshore Fund, the “Flagship
Funds”); and
• Parsifal Co-Invest I, LP, a Delaware limited partnership (the “Co-Invest Fund”).
The Flagship Funds and the Co-Invest Fund are herein each referred to as a “Fund”, and
collectively referred to as the “Funds”. The Co-Invest Fund’s and the Onshore Fund’s “Limited
Partners” and the Offshore Fund’s “Shareholders” are hereafter collectively referred to as the
“Investors” where appropriate. Our investment decisions and advice with respect to the Funds
are subject to each Fund’s investment objectives and guidelines, as set
forth in its respective
Confidential Private Offering Memorandum or Confidential Explanatory Memorandum (the
“Offering Documents”).
Parsifal also provides investment advisory services to a separately managed account (the
“Account”, and collectively with the Funds, the “Clients”) that is managed according to an
investment advisory agreement (the “Advisory Agreement” and, collectively with the Offering
Documents, the “Governing Documents”). The Account is traded pari-passu with the Flagship
Funds and has similar terms. Parsifal may also accept other clients, including additional private
funds, at any time.
Parsifal deploys a global, cross-asset, opportunistic investment strategy focused on long-term
capital appreciation across market cycles through fundamental analysis of businesses and
securities. Parsifal executes this mandate by focusing on traditional long/short equity, event-
driven and special situations equity and credit opportunities sourced on a global basis in both
public and private markets. Further description of Parsifal’s investment strategies and types of
investments is included in Item 8.
We do not tailor our advisory services to the individual needs of any particular Investor in the
Funds. Except as imposed by regulatory requirements or as expressly set forth in the Governing
Documents, Investors may not impose restrictions on investing in certain securities or certain
types of securities. The investment guidelines and advisory services applicable to the Account is
governed by its Governing Documents. We do not currently participate in any Wrap Fee
Programs.
As of December 31, 2023, we had $2,221,030,504 of regulatory assets under management, all
managed on a discretionary basis. We do not manage any Client’s assets on a non-discretionary
basis.