Assets Under Management (AUM): $12.209 billion, Donald Sussman Chief Investment Officer: xxx@paloma.com, Gregory Hayt President and Chief Risk Officer: xxx@paloma.com. DYNAMIC CAPITAL ALLOCATION among a changing group of strategies and portfolio managers as market opportunities shift, FLEXIBLE TRADING MODEL designed for the realities of ever changing markets, A focus on RISK MANAGEMENT and capital preservation, The ongoing search for accomplished and innovative INVESTMENT TALENT. You may print copies of any accessible portion of the Site only for your own personal use. Any questions about the nature of our relationship or the law surrounding this relationship will be governed by New York State law without giving effect to conflicts of law principles. This goal was tragically cut short when he suddenly passed away. In addition, the information on this page does not convey an offer of any type and is not intended to be, and should not be construed as, an offer to sell, or the solicitation of an offer to buy, any securities or other financial products. They do not constitute part of this User Agreement. The firm is owned equally by Sussman, Hayt and 17 other senior employees.Paloma is located in Greenwich, Connecticut. Termination. You may not assign this User Agreement or delegate any of your obligations hereunder. Sorry, no results has been found matching your query. Working with an adviser may come with potential downsides such as payment of fees (which will reduce returns). [19][20]. You agree that we are not liable for any action you take or decision you make in reliance on any Content. HedgeFundJobList.com is a hedge fund directory aimed at financial job seekers. No Liability for Technological Problems. The Association honors the achievements of outstanding leaders who have accomplished remarkable successes in spite of adversity by bestowing upon them the Horatio Alger Award and inducting them as lifetime Members. You are limited to the prior 8 quarters of 13F filings. [3] Contents Paloma Partners Management Company. Whale Wisdom. The information on this website does not constitute investment advice. You acknowledge that the information contained on the Site is not and should not be construed as advice or recommendations regarding individual securities including advice or recommendations concerning the suitability of, and investment strategies for, individual securities. Any notice to PPMC that is required or permitted by this User Agreement shall be in writing and shall be deemed effective upon receipt, when sent by confirmed e-mail to info@paloma.com or when delivered in person or mailed by first class, registered or certified mail, postage prepaid, to Paloma Partners Management Company, 2 American Lane,Greenwich, CT 06836-2571. We do not manage client funds or hold custody of assets, we help users connect with relevant financial advisors. Board of Trustees. Carnegie Hall. San Francisco Bay Area, Silicon Valley), Operating Status of Organization e.g. [14], Paloma was the single largest contributor to the 2016 presidential campaign of Hillary Clinton, with $21,613,800 donated. Credit relative value investment strategies: designed to find long and short opportunities in corporate, asset backed and mortgage backed securities. Download 13F Summary Accessed February 14, 2020. How do I update this listing? As he achieved success in business, Mr. Sussman shared his wealth with others, earning a reputation as a distinguished philanthropist. He is responsible for all PPMC activities related to the Paloma Fund and also runs the Risk Management Group. The company is headquartered in Gree Contact Who is Paloma Partners Headquarters 2 American Ln, Greenwich, Connecticut, 06836, United States Phone Number (203) 861-3236 Website www.paloma.com Revenue $43.8M Industry As part of its registration with the U.S. Securities and Exchange Commission Paloma Partners has filed a Form ADV. List of hedge funds are not intended for investment purposes. Were especially interested in traders focused on algorithmic and relative value strategies. No Advice, Offers or Solicitations. Itmanages a total of four hedge funds that have more than $17 billion under management. Mr. Hayt joined PPMC in 2002 and became Chief Risk Officer in 2004. Palmoa Partners Profile of 2020 Election Cycle. Open Secrets. Paloma is a multi-strategy hedge fund that has a historical focus on quantitative and relative value strategies. PPMC may modify the terms of this User Agreement or any of the policies or guidelines governing the Site, at any time and in its sole discretion, by posting the modified User Agreement on the Site. You agree to indemnify, defend and hold harmless PPMC and its affiliates from and against any and all suits, losses, claims, demands, liabilities, damages, costs and expenses (including reasonable attorneys' fees) arising from or relating to (a) your use of the Site; (b) your breach of this User Agreement or any representation, warranty or covenant made by you herein; or (c) your violation of any applicable law, statute, ordinance, regulation or any third party's rights. PPMC also reserves the right to report any activity that it suspects may violate any law or regulation to appropriate law enforcement officials, regulators, or other persons or entities. [15], In 2018, Paloma was the hedge fund associated with the largest amount of political contributions, surpassing Soros Fund Management, the hedge fund of billionaire Democratic donor, George Soros. We give you the access and tools to invest like a Wall Street money manager at a Main Street price. Third Party Links. Paloma Partners is a Connecticut-based hedge fund founded and managed by Donald Sussman with $9.5 billion in active investments. It was the dawn of. Other product and company names and trademarks appearing on the Site may be trademarks of their respective owners. IN NO EVENT SHALL PPMC OR ANY OF ITS AFFILIATES BE LIABLE FOR ANY INDIRECT, INCIDENTAL, SPECIAL, PUNITIVE OR CONSEQUENTIAL DAMAGES (INCLUDING, WITHOUT LIMITATION, DAMAGES FOR LOSS OF DATA, BUSINESS OR PROFITS) ARISING OUT OF OR IN CONNECTION WITH THIS USER AGREEMENT, WHETHER BASED ON CONTRACT, TORT, STRICT LIABILITY OR OTHERWISE, EVEN IF PPMC OR ANY OF ITS AFFILIATES HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES, AND NOTWITHSTANDING THE FAILURE OF THE ESSENTIAL PURPOSE OF ANY REMEDY. to see more advanced email alert options such as selecting any type of High yield strategies: trading and investing in credit derivatives, bank debt, bonds and equities of unrated or below investment grade issuers. December 29th, 2022 - Hedge Funds Insider Trading. Mr. Hayt is also responsible for the management of PPMC. They arent generally the best option for amateur investors -- in fact, you must be an accredited investor to invest in one.That said, there are no disclosures on the record at Paloma. Past performance is no indication of future performance, and nothing on this Web site should be interpreted to state or imply otherwise. Paloma Partners is a hedge fund manager based in Greenwich, CT. View contacts for Paloma Partners to access new leads and connect with decision-makers. Prior to joining PPMC, Mr. Hayt served in a range of risk management, trading and consulting roles, including: Principal at Rutter Associates, Executive Director at CIBC World Markets, and Vice President of Risk Management Research at Chase Manhattan Bank. THE PALOMA FUND is a multi-strategy investment vehicle that has operated across decades and many market cycles. The existence of a fiduciary duty does not prevent the rise of potential conflicts of interest. Errors are noted below: Thanks for reaching out. This User Agreement and all terms and conditions included or incorporated by reference herein shall be governed by and interpreted in accordance with the laws of the State of New York applicable to agreements made and wholly performed therein. Advisors at Paloma Partners are open to all types of investments, including margin investments. Irvine, CA 92612. [10], Thanks in large part to Sussmans personal contributions, people associated with Paloma have constituted one of the largest organizational contributors to federal Democratic candidates and organizations over the last thirty years according to the Center for Responsive Politics. Access to the materials may not be legal by certain persons or in certain countries. Sovereign Wealth Fund Institute and SWFI are registered trademarks of the Sovereign Wealth Fund Institute. This website uses cookies to improve your experience. Paloma Partners is based out of Greenwich. Capital structure strategies: exploiting pricing inefficiencies and information asymmetry. Hedge funds are highly complex and loosely regulated. Investigation and Disclosure of Information. Get full info on Paloma Partners including updated assets under management, executive and company emails, and more than 35 categories of additional information. The strategies used include: AUM: $12,187,322,975Minimum: NoneBeneficial Owners: 5, AUM: $2,626,481,418Minimum: $5 millionBeneficial Owners: 235, AUM: $1,842,422,736Minimum: $5 millionBeneficial Owners: 507, AUM: $498,139,753Minimum: $5 millionBeneficial Owners: 79. CONTACT: Houston Office. The modifications shall be effective upon such posting (unless some other date is specified in the posting, in which case that date shall be deemed the effective date for the modifications). Contact Details Address:One American LaneGreenwich, CT 6830United States Phone/Fax:Phone: 203-862-800 Other Contact Details:Website: www.paloma.com Fund Size:Current AUM: Available Paloma Partners is a Connecticut-based hedge fund founded and managed by Donald Sussman with $9.5 billion in active investments. [4], Sussman is an ideological liberal and supports the Democratic Party. The experience opened his eyes to the nascent world of arbitrage investing, which would become the focus of his professional life. ACG, LLC is the flagship entity founded by Alexis Graham and Ian Tracy in March of 2008. SmartAsset does not review the ongoing performance of any Adviser, participate in the management of any users account by an Adviser or provide advice regarding specific investments. Mr. Sussman was named to the Institutional Investor-Alpha Hedge Fund Hall of Fame in 2013. I look forward to networking with Scholars and joining the Members to help expand upon that impact.". Average Retirement Savings: How Do You Compare? [8], Sussmans personal net worth is estimated at $500 million. There is no recent news or activity for this profile. Restless as a Columbia University undergraduate, he took a leave of absence and began working for a small brokerage firm. Subscribe to WhaleWisdom to view all filing data To inquire about opportunities please contact us at:recruiting@paloma.com. Links to off-Site web pages do not necessarily constitute third person, sponsorship or affiliation of, with or by PPMC and should not be construed as such. This is not a solicitation for any investment service and we receive no compensation from any hedge funds listed. Disclaimer of Warranties. We will be in touch soon. Applicable Law. These expenses include investment sourcing fees, research fees, due diligence expenses, brokerage fees, commissions and other possible fees.Each feeder fund pays a management fee of 1.5% of assets under management (for Class A and B investors) and a performance-based of 20% of profits (for Class C and D investors).Class B and D investors also pay either 0.25% of 0.50% of the relevant capital account balance as a liquidity capital account reduction. In 2013, he was named to the Institutional Investor-Alpha Hedge Fund Hall of Fame. The Site, Content and any and all intellectual property rights pertaining thereto (including but not limited to copyrights, patents, trademarks and service marks) are owned and protected by PPMC or third parties, and all right, title and interest therein and thereto shall remain the property of PPMC and/or such third parties. Gregory Hayt is the President and Chief Risk Officer of Paloma Partners Management Company (PPMC). Instead, most of the expenses are passed-through and paid by the feeder funds and investors. This User Agreement will be binding on and will inure to the benefit of the legal representatives, successors and assigns of the parties hereto. said Mr. Sussman. We'll assume you're ok with this, but you can opt-out if you wish. As of the first quarter of 2020, Sussman is the single largest donor in the country (excluding self-funding political candidates), having given almost $865,000 exclusively to Democratic candidates. You may access Palomas Form ADV atInvestment Adviser Public Disclosure. Nothing in this User Agreement shall constitute or create a joint venture, partnership, or any other similar arrangement between you and PPMC. In 2018, he was the fifth-largest donor in the country, having given $27 million exclusively to Democratic candidates and left-of-center groups. Paloma Partners Management Company is a Greenwich, Connecticut-based hedge fund firm. The named firm and its financial professionals have not reviewed, approved, or endorsed this review and are not responsible for its accuracy. Each of these incredible leaders has also shared their success with others, giving generously to important causes and communities in need. You agree not to remove any copyright, trademark or other proprietary notice or legend contained on the Site or its Content (or printed copies thereof). We take reasonable security precautions when using the Internet, telephone or other means to transport data or other communications, but we disclaim liability for any interception of data or communications. You hereby waive any objection to venue or inconvenient forum laid therein. Sovereign Wealth Fund Institute (SWFI) is a global organization designed to study sovereign wealth funds, pensions, endowments, superannuation funds, family offices, central banks and other long-term institutional investors in the areas of investing, asset allocation, risk, governance, economics, policy, trade and other relevant issues. These lists are not intended for potential investors and should under no circumstance be relied upon for making investment decisions. Your use of the Site indicates your full acceptance of the User Agreement in its then-current form each time you use the Site. or to simply have an email sent to you whenever we receive a new Modifications. About Horatio Alger Association of Distinguished Americans: Founded in 1947, the Horatio Alger Association of Distinguished Americans, Inc. is dedicated to the simple but powerful belief that hard work, honesty and determination can conquer all obstacles. Accessed February 14, 2020. "Each year, it is our utmost honor to present outstanding leaders who have displayed extraordinary perseverance in overcoming challenges with the Horatio Alger Award," said James F. Dicke II, chairman, Horatio Alger Association and 2015 Horatio Alger Award recipient. Paloma Partners Management Company is a hedge fund with 3 clients and discretionary assets under management (AUM) of $12,943,923,869 (Form ADV from 2022-03-31). Many Scholars will relate to his experience, and it is our belief that he will serve as a great source of inspiration for these young students as they prepare to start their careers.. SOURCE Horatio Alger Association of Distinguished Americans, Inc. Horatio Alger Association of Distinguished Americans, Inc. https://www.prnewswire.com/news-releases/s-donald-sussman-founder-and-chairman-of-paloma-partners-to-receive-2023-horatio-alger-award-301724711.html, White House rejects debt ceiling talks, insists on cap raise, Southwest Airlines pilot union calls for strike authorization vote, Debt ceiling: Last minute decisions not good for the economy, economist says, UPDATE 1-Shein in talks to raise funds at lower valuation of $64 bln - FT, Heavy slate of U.S. oil refinery overhauls to crimp fuel output. Private equity: medium to long-term investments in private companies that are not publicly traded. This review was produced by SmartAsset based on publicly available information. This User Agreement will continue to apply to your past use of the Site in the form in which it then existed at the time of the subject use. You acknowledge that the information contained on the Site is not and should not be construed as an offer or solicitation of any kind to buy or sell any securities or other financial instruments. Commodities strategies: trading commodities, futures, options or derivatives on agricultural products, energy products, metals, minerals and others. Similar to characters in stories by Horatio Alger, Jr., they traditionally have started life in humble or economically challenging circumstances. After working in investing roles for several firms, in 1981, at the age of 35, he founded the hedge fund Paloma Partners with one other employee, a desk, and two chairs. We pursue attractive risk/reward opportunities in all strategies, but we have traditionally focused on quantitative and relative value approaches. CLOSED NOW. We seek to generate attractive, long term, risk adjusted returns with low correlation to markets. Dated Content speaks only as of the date indicated. PPMC has the right, but not the obligation, to monitor any activity and Content associated with the Site. Event driven strategies: investing in opportunities created by unexpected events and special situations. Sussman serves as director of the firm along with Gregory Hayt. The ongoing search for accomplished and innovative. The parties are waiving their right to seek remedies in court, including the right to jury trial. Financing for the 2020 election is still in its first innings, but so far Sussman is the lead donor in the race and contributed $865,300 during the first quarter, all of it to Democrats. Mr. Hayt received a BS Magna Cum Laude in Economics with concentrations in Finance and Operations Research from the Wharton School at the University of Pennsylvania and an MS/ABD in Finance from the University of Rochester. [5], Sussman is one of the largest personal donors to the Democratic Party. Priorities USA Action, a liberal Super PAC founded by former Obama administration staffers, received $3 million. Horatio Alger Association names 13 outstanding individuals, each of whom has overcome adversity to achieve professional and personal success, to its Member Class of 2023. Sovereign Investor Leadership Conference March 2023. About Us. Paloma Partners primarily utilizes a multi strategy strategy. and a top 10 holdings concentration of 44.34%. General Provisions. Headings used in this User Agreement are for convenience only. A trust led by S. Donald Sussman, the founder and chief investment officer of Greenwich, Connecticut-based hedge fund Paloma Partners, sold a vacant home lot in Fort Lauderdale for $17 million . Paloma Partners Management Co closed its position in Ishares Tr on 15th August 2022. Definitions of hedge funds vary, and we have made every effort to apply a definition that in our opinion would be helpful to job hunters. This page contains links to SmartAssets financial advisor matching tool, which may or may not match you with the firm mentioned in this review or its financial professionals. Accessed February 14, 2020. About Horatio Alger Association of Distinguished Americans: Founded in 1947, the Horatio Alger Association of Distinguished Americans, Inc. is dedicated to the simple but powerful belief that hard work, honesty and determination can conquer all obstacles. Paloma Partners LLC is a holding company that provides security brokerage, investment, and management consultancy services. In 2013, he was named to the Institutional Investor-Alpha Hedge Fund Hall of Fame. Pine River Capital Management has lost a veteran portfolio manager and his team to rival Paloma Partners, three people familiar with the move said on Friday, the latest in a string of exits from . USERS SHOULD CONSULT WITH, AND SEEK PROFESSIONAL ADVICE FROM, THEIR OWN ATTORNEYS, ACCOUNTANTS AND FINANCIAL ADVISORS WITH RESPECT TO THEIR INDIVIDUAL CIRCUMSTANCES AND NEEDS. For more information about Horatio Alger Association and its Member Class of 2023, please visitwww.horatioalger.organdfollow the organization onFacebook,TwitterandInstagram. We do not endorse the opinions of, or warrant the accuracy of facts or other Content contributed by, any third party. S-DONALD-SUSSMAN Bio Statistical arbitrage and systemic futures strategies: using quantitative methods and statistical models to identify mispricings. As he achieved success in business, Mr. Sussman shared his wealth with others, earning a reputation as a distinguished philanthropist. [12] In 2016, these donations jumped to over $41 million, before declining to $28 million in 2018. All material subject to strictly enforced copyright laws. You agree that the notice provisions provided in this User Agreement are reasonable. GREENWICH, CT Hedge Fund Alert first reported Hendel's move to Paloma. Mr. Sussman joins 12other exceptional business, civic and cultural leaders from across NorthAmerica in receiving 2023 honors. The scholarships are made possible through the Association thanks to the generosity of its Members, who will have collectively provided more than $245 million to 35,000 students by 2023. Top Organization Contributors. Open Secrets. Accessed February 14, 2020. 99 Canal Center Plaza, Suite 320 cccolombo@briancom.com, S. Donald Sussman, Founder and Chairman of Paloma Partners, to Receive 2023 Horatio Alger Award, Horatio Alger Association names 13 outstanding individuals, each of whom has overcome adversity to achieve professional and personal success, to its Member Class of 2023. Joint Venture. After working in investing roles for several firms, in 1981, at the age of 35, he founded the hedge fund Paloma Partners with one other employee, a desk, and two chairs. We are always eager to speak with accomplished and innovative investment professionals who exhibit a strong respect for capital and risk management. A majority of the top-15 biggest hedge fund-associated donors supported Democratic candidates and organizations. Shaolin Capital Management is a registered investment advisor that invests opportunistically across the capital structure. PPMC reserves the right to suspend or terminate your access to and use of all or any portion of the Site at any time and for any reason, in its sole discretion. He is a Trustee/Board member of Emilys List, Center for American Progress, as well as an Honorary Trustee of the Ethical Culture Fieldston School. Registration on or use of this site constitutes acceptance of our terms of use agreement which includes our privacy policy. You are prohibited from violating or attempting to violate the security of the Site. At only 15 years old, his fathers death thrust Mr. Sussman into the role of family leader. No failure of either party to enforce any of its rights under this User Agreement will act as a waiver of such rights. for PALOMA PARTNERS MANAGEMENT COMPANY, Top 20 equal-weighted holdings. Nevertheless, he eventually returned to school, frequently while still working, earning a bachelor's degree and an MBA from New York University. Performance Only includes UK, France, Germany, Japan, and HKEX are presently being processed. Leadership. ProPublica. All investing involves risk, including loss of principal. Nevertheless, he eventually returned to school, frequently while still working, earning a bachelors degree and an MBA from New York University. Paloma manages approximately $4.8 billion in assets. IMPORTANT DISCLOSURES & AGREEMENTS About Since our founding we have built a reputation for longevity in hedge fund investing. The three-day event is an annual ceremony to honor both the achievements of Members and National Scholars, who will have multiple opportunities to meet, interact and exchange stories of perseverance. Indemnity. We make reasonable efforts to ensure that the Site is secure but we do not guarantee the security of the Site. Horatio Alger Members support promising young people with the resources and confidence needed to overcome adversity in pursuit of their dreams through higher education. [3], Sussman was born in Miami, FL. Ownership. Paloma Partners primarily utilizes a multi strategy strategy. Other third-party content, logos and trademarks are owned by their perspective entities and used for informational purposes only. 19200 Von Karman Ave Ste 150. Theodore Hagan also disclosed a decreased stake in Ishares Tr by approximately 0.1%. Hedge Fund and Insider Trading News: Donald Sussman, Sanjay Shah, Scott Bessent, Morgan Creek Capital, Glimpse Group Inc (VRAR), Terns Pharmaceuticals, Inc. (TERN), and More, 10 Stocks Hedge Fund Legend Donald Sussman is Buying, Top 10 Stock Picks of Donald Sussman's Paloma Partners, How to Best Use Insider Monkey to Increase Your Returns, 6 Things You Didn't Know About Hedge Funds. The Association also aims to educate young people about the endless opportunities available by the free-enterprise system through commitment, honesty, and diligence. Arbitration shall be conducted in the Borough of Manhattan, New York State. Paloma Partners Management Company's largest holding is SPDR S&P 500 ETF TRUST with shares held of 1,482,600. In order to cooperate with governmental requests, to protect PPMC's systems and Users, to ensure the integrity and operation of PPMC's Site, business or systems, or otherwise to comply with the law and legal process, PPMC may access and disclose any information it considers necessary or appropriate.
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