Formed in 2013 by Mark Mitchell and based in Jackson Wyoming, Grand Teton Holdings, Inc. manages a variety of financial and real investments across several industries. Grand Teton Holdings also provides research and portfolio management support to Mark Mitchell’s role as Founding Principal at AQR Arbitrage, a global corporate-arbitrage firm based in Greenwich, Connecticut.

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 ABL, LLC

FORMED IN 2015

Today, Grand Teton ABL, LLC provides asset-backed loans, bridge loans, and real-estate loans to a narrow group of small corporations.

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 four companies: Ingage, Inc, PrepMedians, Probitas Ventures, and The Shepherd Hotels.

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.

Grand Teton

Research

 

Grand Teton Research provides financial support for Mark Mitchell’s research and teaching.

About Mark Mitchell

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?”.