paloma partners hedge fund

[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. Their last reported 13F filing for Q3 2022 included $2,201,588,000 in managed 13F securities and a top 10 holdings concentration of 44.34%. To work multiple jobs while attending and even excelling in college is no easy task, and Mr. Sussman is a terrific example that dedication and perseverance pays off, said Terrence J. Giroux, executive director, Horatio Alger Association. IN NO EVENT SHALL THE LIABILITY OF PPMC OR OF ANY PPMC AFFILIATE IN ANY CIRCUMSTANCE EXCEED $100. THE PALOMA FUNDis a multi-strategy investment vehicle that has operated across decades and many market cycles. Fundamental and directional strategies: measuring the intrinsic value of a security by analyzing economic and financial factors. Accessed February 14, 2020. We believe we offer the best hedge fund lists available for download. This leaves the value of the investment at $18 million and 140,362 shares. 6. PPMC hereby grants you a revocable, nontransferable, nonexclusive right to use the Site solely in accordance with this User Agreement. Similar to characters in stories by Horatio Alger, Jr., they traditionally have started life in humble or economically challenging circumstances. 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. This will schedule a job to export all requested 13f holdings data for this filer. You may discuss information that you learn from the Site with your financial, legal or tax advisors, and others with whom you share investment decisions. divided by the total MV of the fund. Dozens of other hedge fund and private equity operators gave lesser amounts to the Hillary Victory Fund. Fund of Funds, MANAGING DIRECTOR, CHIEF COMPLIANCE OFFICER, PALOMA PARTNERS MANAGEMENT COMPANY AND PALOMA PARTNERS ADVISORS LP. PPMC makes no claim that the Site may be lawfully viewed or downloaded outside of the United States. or to simply have an email sent to you whenever we receive a new WASHINGTON, D.C. (January 18, 2023)Horatio Alger Association of Distinguished Americans, Inc., a nonprofit educational organization honoring the achievements of outstanding individuals and encouraging youth to pursue their dreams through higher education, today announcedthat S. Donald Sussman, founder and chairman of Paloma Partners, hasbeen selected for membership in this prestigious organization. S-DONALD-SUSSMAN Bio Termination. Risks in relying on the Content. Mr. Sussman was named to the Institutional Investor-Alpha Hedge Fund Hall of Fame in 2013. Entire Agreement. Address and Contact Info for Paloma Partners Paloma Partners Two American Lane Greenwich, CT 6830 Website: http://www.paloma.com Phone: (1) 203-861-3236 Fax: (1) 203-862-6902 Accessed February 14, 2020. The foregoing license has been granted to you subject to your agreement to abide by this User Agreement as well as any other rules, procedures, policies, terms or conditions governing the Site that may be displayed from time to time on the Site and to which Users will be bound. HedgeFundJobList.com is a hedge fund directory aimed at financial job seekers. You are limited to the prior 8 quarters of 13F filings. Pre-arbitration discovery is generally more limited than and different from court proceedings. CONTACT: Mr. Sussman is an Honorary Trustee and former Co-Chair of the Investment Committee of Carnegie Hall. 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. Menu burger Close thin Facebook Twitter Google plus Linked in Reddit Email arrow-right-sm arrow-right Loading All Rights Reserved. Copyright 2008-2020 HedgeFundJobList.com | All Rights Reserved |. With respect to the resolution of any such controversy, you further acknowledge that: Arbitration is final and binding on the parties. Board of Trustees. Carnegie Hall. Download full info for Paloma Partners in Excel format in the following lists. [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. 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). 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. In 1981, Sussman founded Paloma Partners with $3 billion in assets. IMPORTANT DISCLOSURES & AGREEMENTS About Since our founding we have built a reputation for longevity in hedge fund investing. [16], In the 2020 cycle, Paloma-associated contributions have mostly gone to Democratic Congressional candidates and PACs. and an MBA from New York University as well as an Honorary Doctorate from the Weizmann Institute of Science and Maine College of Art. Company profile Website www.paloma.com Employees Incorporated Delaware Location Connecticut Fiscal year end Dec 31 Industry Hedge Fund Former names Sunrise Partners Limited Partnership, Sunrise Partners Limited Partnership, Sunrise Partners LLC SEC CIK 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 . In this article, we will discuss the 10 stocks hedge fund legend Donald Sussman is buying. Paloma Partners Management Co closed its position in Ishares Tr on 15th August 2022. All or any portion of the Site may not be available and may not function properly at any time. The named firm and its financial professionals have not reviewed, approved, or endorsed this review and are not responsible for its accuracy. 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). Past performance is no indication of future performance, and nothing on this Web site should be interpreted to state or imply otherwise. Third Party Links. All material subject to strictly enforced copyright laws. 2008-2023 Sovereign Wealth Fund Institute. If any portion of any provision of this User Agreement is found invalid or unenforceable, that provision shall be enforced to the maximum extent possible and the remaining provisions of this User Agreement shall remain in full force and effect. [8], Sussmans personal net worth is estimated at $500 million. "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.". You are solely responsible for any use of or action taken under your password on the Site. No failure of either party to enforce any of its rights under this User Agreement will act as a waiver of such rights. Lois Peltz. Volatility and correlation strategies: trading derivatives. Statistical arbitrage and systemic futures strategies: using quantitative methods and statistical models to identify mispricings. It was the dawn of. Theodore Hagan also disclosed a decreased stake in Ishares Tr by approximately 0.1%. Accessed February 14, 2020. All rights reserved. Sussman has served on the boards of a number of civic, cultural, educational, and research institutions and is a major contributor to Democratic candidates and causes. You may not modify the terms of this User Agreement or any of the policies or guidelines governing the Site without PPMC's express prior written consent. Alexandria, VA 22314. There was an error. The most generous megadonors of the 2020 cycle so far. Open Secrets. 99 Canal Center Plaza, Suite 320 [1]: 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. 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. WASHINGTON, Jan. 18, 2023 /PRNewswire/ --Horatio Alger Association of Distinguished Americans, Inc., a nonprofit educational organization honoring the achievements of outstanding individuals and encouraging youth to pursue their dreams through higher education, today announcedthat S. Donald Sussman, founder and chairman of Paloma Partners, hasbeen selected for membership in this prestigious organization. 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). One-Time Checkup with a Financial Advisor. We make reasonable efforts to provide accurate Content on the Site, but at times we may not promptly update or correct the Site even if we are aware that it is inaccurate, outdated or otherwise inappropriate. Other product and company names and trademarks appearing on the Site may be trademarks of their respective owners. Paloma manages approximately $4.8 billion in assets. You acknowledge that the information contained on the Site is not and should not be construed as legal, tax, accounting or investment advice (including any advice concerning the suitability or profitability of any security or investment). THE PALOMA FUND is a multi-strategy investment vehicle that has operated across decades and many market cycles. Review content is produced by SmartAsset independently of any business relationships that might exist between SmartAsset and the named firm and its financial professionals, and firms and financial professionals having business relationships with SmartAsset receive no special treatment or consideration in SmartAssets reviews. 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. He has received the Maine Philanthropy Award from Colby College and the Spurwink Humanitarian of the Year award, as well as honorary degrees from the Weizmann Institute of Science and Maine College of Art. Paloma Partners is a hedge fund manager based in Greenwich, CT. By the 40th anniversary of the Association's scholarship program in 2024, more than $259 million will be awarded in undergraduate, graduate, military veteran and career and technical education scholarships to more than 37,000 deserving students. Performance Activist strategies: investing with the purpose of influencing the management of a company. Paloma Partners Management Company is a Greenwich, Connecticut-based hedge fund firm. In 2013, he was named to the Institutional Investor-Alpha Hedge Fund Hall of Fame. Paloma Partners lifts out credit hedge team from Pine River Capital Christine Williamson Print Michael O'Connell and his three-person investment team have joined hedge fund manager Paloma. [18], Paloma has been criticized along with other politically active hedge funds for having undue influence over the electoral process. Accessed February 14, 2020. You agree that you will not publish, broadcast, retransmit, reproduce, commercially exploit, create any derivative of or otherwise disseminate any portion of the Site. Any purported assignment of this User Agreement in violation of its terms shall be void. YOU AND PPMC WILL SETTLE ANY DISAGREEMENTS BY ARBITRATION IN NEW YORK STATE UNDER THE SUBSTANTIVE PROVISIONS OF NEW YORK STATE LAW. GREENWICH, CT Persons associated with hedge funds like Paloma, Soros Fund Management, Tom Steyers Farralon Capital, and James Simonss Renaissance Technologies have steadily increased their political contributions, especially since the 2016 presidential campaign of Donald Trump. This obligation survives the termination of this User Agreement. Hedge Funds Recruiting Risk Management Headquarters Regions East Coast, New England, Northeastern US Founders Donald Sussman Operating Status Active Also Known As Paloma Partners Management Company, Paloma Partners Management Legal Name Paloma Partners L.L.C. You hereby consent to the exclusive jurisdiction of the Southern District of New York or any New York State Court located in the Borough of Manhattan, New York, in all disputes arising from or relating to this User Agreement or your access to or use of the Site. Paloma Partners Management Company, Paloma Partners Management, Edit Lists Featuring This Company Section, Recruiting Companies With More Than 10 Employees (Top 10K), New England Companies With Fewer Than 100 Employees (Top 10K), Risk Management Companies With More Than $10M in Revenue. Opinions included on the Site are subject to change at any time without notice. 2002 - 2023 THE HORATIO ALGER ASSOCIATION OF DISTINGUISHED AMERICANS, INC. All Rights Reserved. The firm last filed a Form D notice of exempt offering of securities on 2022-03-24. This goal was tragically cut short when he suddenly passed away. Mr. Hayt is also responsible for the management of PPMC. Sussman serves as director of the firm along with Gregory Hayt. Paloma Partners LLC is a holding company that provides security brokerage, investment, and management consultancy services. Restless as a Columbia University undergraduate, he took a leave of absence and began working for a small brokerage firm. All text and design is copyright 2020 WhaleWisdom.com. 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. Indemnity. PPMC provides such links solely as a convenience to its Users. Donald Sussman: his Net Worth, his House, Jet and Sheherazade Yacht. Super Yacht Fan Club. THE SITE AND ALL INFORMATION AVAILABLE ON OR VIA THE SITE ARE PROVIDED "AS IS" AND "AS AVAILABLE," WITHOUT WARRANTY OF ANY KIND, EITHER EXPRESS OR IMPLIED, INCLUDING WITHOUT LIMITATION: (1) ANY WARRANTIES CONCERNING THE AVAILABILITY, RELIABILITY, ACCURACY, COMPLETENESS, TIMELINESS OR SEQUENCING OF THE SITE OR THE CONTENT, PRODUCTS OR SERVICES AVAILABLE ON OR VIA THE SITE; AND (2) ANY WARRANTIES OF TITLE OR EXPRESS OR IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, OR NON-INFRINGEMENT OF INTELLECTUAL PROPERTY AND PROPRIETARY RIGHTS. For more information about Horatio Alger Association and its Member Class of 2023, please visitwww.horatioalger.organdfollow the organization onFacebook,TwitterandInstagram. Paloma Partners Management Company. Whale Wisdom. These lists are not intended for potential investors and should under no circumstance be relied upon for making investment decisions. So over the years he has. Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world For. 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. For more information, please visit www.horatioalger.org. Alt Turnover is calculated by taking either the total MV of new purchases or 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. S. Donald Sussman is the Founder and Chief Investment Officer of the Paloma Fund. This is not an offer to buy or sell any security or interest. 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. The Association administers more than 70 undergraduate and graduate need-based scholarship programs. 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. [14], Paloma was the single largest contributor to the 2016 presidential campaign of Hillary Clinton, with $21,613,800 donated. WITHOUT LIMITING THE FOREGOING PROVISIONS OF THIS PARAGRAPH, THESE LIMITATIONS ALSO APPLY TO ANY THIRD PARTY CLAIMS AGAINST USERS. General Provisions. Mr. Sussman was born into humble beginnings to a father who saved money his entire life with a goal of funding his children's education. Hedge funder Donald Sussman sold a waterfront lot in Fort Lauderdale for $17 million to a Texas-based aerospace executive in an off-market deal. 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. Download 13F Summary All investing involves risk, including loss of principal. For more information about Horatio Alger Association and its Member Class of 2023, please visitwww.horatioalger.organdfollow the organization onFacebook,TwitterandInstagram. We make reasonable efforts to ensure that the Site is secure but we do not guarantee the security of the Site. Dated Content speaks only as of the date indicated. 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. Instead, most of the expenses are passed-through and paid by the feeder funds and investors. This User Agreement is entered into by and between you and PPMC, and governs your access to and use of the Site and the information ("Content") available on the Site. About SS&C Technologies. 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. As of February 3, 2020, Paloma was currently the single-largest organization associated with donors to federal political candidates in America in the 2020 election cycle, with over $14 million donated exclusively to Democratic candidates and organizations. Modifications. Hedge funds favour Democrats in political donations. Financial Times. He is responsible for all PPMC activities related to the Paloma Fund and also runs the Risk Management Group. The largest recipients have been the House Majority PAC and Senate Majority PAC, both of which received $4 million. Paloma Partners is a Connecticut-based hedge fund founded and managed by Donald Sussman with $9.5 billion in active investments. Paloma has raised approximately 520 million of capital from investors in Europe, the Middle East and North America and this capital is wholly discretionary allowing it to rotate opportunistically between the UK's "Each of these incredible leaders has also shared their success with others, giving generously to important causes and communities in need. They were founded in 1989 and have 95 employees. Paloma Partners is a private equity company based in Greenwich, CT and has approximately $140.6 million in assets under management. Active, Closed, Alternate or previous names for the organization, Whether an Organization is for profit or non-profit, General contact email for the organization. "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. He attended Columbia University and then attained an MBA from New York University. Acceleration Capital Group, LLC is a placement agency within the alternative investment industry. How do I update this listing? To inquire about opportunities please contact us at:recruiting@paloma.com. Carly Colombo You agree that we are not liable for any action you take or decision you make in reliance on any Content. This User Agreement will be binding on and will inure to the benefit of the legal representatives, successors and assigns of the parties hereto. Total number of Crunchbase contacts associated with this organization, Total number of organizations similar to the given organization, Descriptive keyword for an Organization (e.g. CONTACT:Carly Colomboccolombo@briancom.com, View original content:https://www.prnewswire.com/news-releases/s-donald-sussman-founder-and-chairman-of-paloma-partners-to-receive-2023-horatio-alger-award-301724711.html. "The Horatio Alger Association is a wonderful example of the impact we can make on future generations. Itmanages a total of four hedge funds that have more than $17 billion under management. SmartAssets, If you do invest in hedge funds, dont forget to budget for the.
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