Pennant Capital Gains in Q1 on Safeway, Cree, Nokia Shorts

Pennant Capital’s Winward Fund returned 5.5 percent in Q1 after adding a 1.44 percent return in March. The fund is managed by Lee Atzil, Joerg Diedrich and the founder himself, Alan Fournier. Pennant Capital’s Broadway Gate fund returned 6.78 percent in last quarter and the fund added a 1.49 percent return in last month. Broadway Gate is managed by Lee Atzil and Joerg Diedrich. Pennant Capital Management has over $7.7 billion in asset under management. Pennat Capital registered with CFTC in March as a Commodity Pool Operator which will allow it to invest in commodities and derivatives above certain levels. Pennant has a short position in…