Overview
Incline Global (the “Company” or “Firm”) is a Delaware Limited Liability Company formed in 2001 by Jeff
Lignelli (“Principal”). Prior to January 9, 2012, Incline Global was known as Stonebrook Fund Management,
LLC. In May 2012, the Firm registered with the SEC as an investment adviser. As of December 31, 2023,
Incline Global managed $349,243,000 of Regulatory Assets Under Management on a discretionary basis.
Incline Global provides investment advice to a pooled investment vehicle, Incline Global Master LP (“the
Hedge Fund”). The Hedge Fund trades in primarily long/short equity securities and, when the markets
present it, opportunistic credit.
Incline Global provides investment advice to a pooled investment vehicle, Incline Global Long Only QC
Master LP (“the Long Only QC Fund”). The Long Only QC (Quality Compounder) Fund trades primarily
in long equity securities and does not use leverage or derivatives.
Incline Global provides investment advice to a Separately Managed Account (“SMA”) that trades primarily
in long equity securities and does not use leverage or derivatives.
Lastly, Incline Global serves as an investment sub-advisor for a UCITS fund (the “UCITS Fund”), organized
as an open-ended umbrella Irish collective asset-management vehicle. The UCITS fund invests primarily in
long and short positions in global securities with a focus on U.S. investment strategies.
Collectively, the Hedge Fund, the Long Only QC Fund, , the SMA and The UCITS Fund are the Firm’s
clients (“Clients”).
Information about the Hedge Fund and the Long Only QC Fund (collectively, “the Funds”) included in this
brochure is qualified in its entirety by information in each Fund’s confidential private placement
memorandums, investment management agreements, limited partnership agreements, and other governing
documents (the “Governing Documents”). Investors and prospective investors in the Funds should refer to
the Governing Documents for complete information on the investment objectives and investment restrictions
with respect to the Funds. There is no assurance that any of the Funds’ investment objectives will be
achieved. This brochure is designed solely to provide information about Incline Global and should not be
considered to be an offer of interests in any Incline Global Fund. Any such offer may be made only by
delivery to the prospective investor of the Governing Documents of the relevant Fund under consideration.
Incline Global currently provides advice to Clients but reserves the right to provide advice to other types of
clients. Any other client accounts would be managed in accordance with the client’s stated investment
strategies, objectives, restrictions, and any other agreed upon guidelines.