Established in 2013 by Mark Mitchell and headquartered in Jackson, Wyoming, Grand Teton Holdings, Inc. and its affiliates oversee a diverse portfolio of financial and real investments across multiple industries. Grand Teton Holdings also supports Mark Mitchell’s primary responsibilities as Founding Principal at AQR Arbitrage, a global corporate arbitrage firm in Greenwich, Connecticut. Additionally, Grand Teton Holdings provides research and teaching support to Mitchell’s position as an Adjunct Professor of Finance at the University of Chicago.
Grand Teton
Arbitrage Management, LLC
FORMED IN 2015
The research support by Grand Teton Arbitrage Management, LLC entails the development and refinement of corporate arbitrage databases and the empirical analysis of the various databases to document the risk and return to corporate arbitrage strategies.
Grand Teton
Aviation, LLC
FORMED IN 2014
Grand Teton Aviation, LLC owns 100% of Skyways Aviation, LLC, which operates an air charter business under a Part 135 Certificate and provides aircraft management for private jets. Skyways Aviation is based in Ft. Lauderdale, Florida.
Grand Teton
Investment Portfolio, LLC
FORMED IN 2015
The primary investing vehicle for Grand Teton Holdings, Inc. It has various limited-partner investments in hedge fund and venture-capital funds and has substantial ownership stakes in five companies: Ingage, Inc, PrepMedians, Probitas Ventures, The Shepherd Hotels, and L4S Corporation.
Grand Teton
Properties, LLC
FORMED IN 2014
Grand Teton Properties, LLC owns 52 acres of land, improved waterways, and residential buildings in Jackson, Wyoming. The property was formerly ranch land, only five minutes from the city limits of Jackson, and most of the land has been placed in conservation.
Mark Mitchell is Founding Principal at AQR Arbitrage, LLC, an investment-management firm specializing in arbitrage and based in Greenwich, CT. Prior to co-founding AQR Arbitrage (formerly, CNH Partners) in 2001, Mitchell was a finance professor at Booth (1990-1999 and 2017 – 2023) and Harvard Business School (1999-2003). Four of his papers received paper-of-the-year awards: Smith-Breeden Prize from Journal of Finance for “Limited Arbitrage in Equity Markets”; Merton Miller Prize from Journal of Business for “Managerial Decisions and Long-Term Stock Price Performance”; Graham and Dodd Scroll from Financial Analysts Journal for “The Value of Corporate Takeovers”; and Roger Murray Prize from Institute for Quantitative Research in Finance for “Do Bad Bidders Become Good Targets?”.
