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. Registration on or use of this site constitutes acceptance of our terms of use agreement which includes our privacy policy. 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 Enforceability. "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. Our approach leverages the team's expertise in convertible and other hybrid securities. I truly believe that education is a stepping stone to a better future, so throughout the years, I have searched for ways to create pathways for talented individuals who can excel across many fields if simply given the opportunity. said Mr. Sussman. Entire Agreement. Mr. Hayt is also responsible for the management of PPMC. San Francisco Bay Area, Silicon Valley), Operating Status of Organization e.g. Dated Content speaks only as of the date indicated. We may change all or any portion of the Site at any time without notice to you. 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. The most generous megadonors of the 2020 cycle so far. Open Secrets. CONTACT: Notice to PPMC. Paloma Partners Management is a fund manager in Greenwich with $12.94 bn assets under management. 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. 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). This is not a solicitation for any investment service and we receive no compensation from any hedge funds listed. These lists are not intended for potential investors and should under no circumstance be relied upon for making investment decisions. 1100 Louisiana Suite 5100 Houston,Texas 77002 713-650-8500 main 713-652-2600 fax In 2013, he was named to the Institutional Investor-Alpha Hedge Fund Hall of Fame. It sold the previously owned 365,035 shares for $41.3 million. for PALOMA PARTNERS MANAGEMENT COMPANY, Top 20 equal-weighted holdings. It was the dawn of the computer revolution, and Mr. Sussman became a pioneer in applying quantitative techniques to investing. Hendel left his job as global head of prime brokerage at Bank of America Merrill Lynch in 2014 and was replaced by Paul Simpson. We believe we offer the best hedge fund lists available for download. Top Organization Contributors. Open Secrets. Event driven strategies: investing in opportunities created by unexpected events and special situations. Accessed February 14, 2020. Accessed February 14, 2020. It was the dawn of the computer revolution, and Mr. Sussman became a pioneer in applying quantitative techniques to investing. 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. THE PALOMA FUND is a multi-strategy investment vehicle that has operated across decades and many market cycles. Recipients of his generous contributions include Massachusetts General Hospital, Weizmann Institute of Science, Skidmore College, Pen Bay Healthcare, Carnegie Hall, the University of the Virgin Islands and Miami Jewish Health Systems. 484-385-2934 (office) Pre-arbitration discovery is generally more limited than and different from court proceedings. Paloma Partners Management Company (PPMC) Terms of Use: By accessing or using this Paloma Partners Management Company ("PPMC") internet website (the "Site") you hereby accept and agree to comply with the terms and conditions set forth in this User Agreement (this "User Agreement"), and you shall be considered a "User." 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. "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 AND PPMC WILL SETTLE ANY DISAGREEMENTS BY ARBITRATION IN NEW YORK STATE UNDER THE SUBSTANTIVE PROVISIONS OF NEW YORK STATE LAW. Paloma Partners Management Company. Whale Wisdom. View contacts for Paloma Partners to access new leads and connect with decision-makers. Mr. Sussman joins 12other exceptional business, civic and cultural leaders from across NorthAmerica in receiving 2023 honors. said Mr. Sussman. Donald Sussman: his Net Worth, his House, Jet and Sheherazade Yacht. Super Yacht Fan Club. Sign-up 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 You may not assign this User Agreement or delegate any of your obligations hereunder. Nothing in this User Agreement shall constitute or create a joint venture, partnership, or any other similar arrangement between you and PPMC. Fixed income strategies: investing in long and short credit positions. Board of Trustees. Carnegie Hall. As he achieved success in business, Mr. Sussman shared his wealth with others, earning a reputation as a distinguished philanthropist. Mr. Sussman joins 12other exceptional business, civic and cultural leaders from across NorthAmerica in receiving 2023 honors. [6], In addition to managing Paloma, Sussman is on the board of trustees of Carnegie Hall[7] and ProPublica. 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. Disclaimer of Warranties. You may access Palomas Form ADV atInvestment Adviser Public Disclosure. Performance numbers calculated through 2022-11-14. 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. Irvine, CA 92612. Paloma Partners Management Company's largest holding is SPDR S&P 500 ETF TRUST with shares held of 1,482,600. As part of its registration with the U.S. Securities and Exchange Commission Paloma Partners has filed a Form ADV. The Association administers more than 70 undergraduate and graduate need-based scholarship programs. 2023 Paloma Partners Management Company. "Each of these incredible leaders has also shared their success with others, giving generously to important causes and communities in need. Access to the materials may not be legal by certain persons or in certain countries. PPMC provides such links solely as a convenience to its Users. We are not liable for any (a) technological problems and any impact that they may have; (b) damage or injury caused by the performance or failure of performance of all or any portion of the Site; or (c) defects, delays or errors in or resulting from your use of the Site. 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. Headings used in this User Agreement are for convenience only. SmartAssets, If you do invest in hedge funds, dont forget to budget for the. This leaves the value of the investment at $18 million and 140,362 shares. Modifications. Request Profile Update Download Data 1 Recorded Transactions $12,943,923,869 Managed Assets Home Profiles Hedge Fund Manager North America Paloma Partners Paloma Partners Details Paloma Partners Contact Information [18], Paloma has been criticized along with other politically active hedge funds for having undue influence over the electoral process. You are solely responsible for any use of or action taken under your password on the Site. The Association also aims to educate young people about the endless opportunities available by the free-enterprise system through commitment, honesty, and diligence. Opinions included on the Site are subject to change at any time without notice. They were founded in 1989 and have 95 employees. You agree to notify PPMC immediately of any actual or suspected loss, theft or unauthorized use of your password. 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. 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). and a top 10 holdings concentration of 44.34%. Joint Venture. In 1992, he joined Paloma Partners and eventually traded $400 million, the largest amount managed by any individual at the hedge fund. 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. Long/short strategies: using both long and short positions in securities, indices, ETFs or baskets of securities. 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%. The firm is owned equally by Sussman, Hayt and 17 other senior employees.Paloma is located in Greenwich, Connecticut. Dozens of other hedge fund and private equity operators gave lesser amounts to the Hillary Victory Fund. Sorry, no results has been found matching your query. 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. Distressed strategies: investing in securities and other assets of issuers of weak financial condition. This User Agreement replaces all prior or contemporaneous understandings or agreements, written or oral, regarding the subject matter hereof. Other product and company names and trademarks appearing on the Site may be trademarks of their respective owners. All Rights Reserved. [11], Throughout the 1990s, Paloma-associated political donations steadily increased from tens of thousands to hundreds of thousands of dollars. The biggest hedge fund donor this election: why it stays so quiet. CNBC. About SS&C Technologies. Investments in real assets: investing in physical, tangible assets including commodities, equipment, natural resources and property. The experience opened his eyes to the nascent world of arbitrage investing, which would become the focus of his professional life. [5], Sussman is one of the largest personal donors to the Democratic Party. I look forward to networking with Scholars and joining the Members to help expand upon that impact.. SmartAssets services are limited to referring users to third party advisers registered or chartered as fiduciaries ("Adviser(s)") with a regulatory body in the United States that have elected to participate in our matching platform based on information gathered from users through our online questionnaire. For76years, the Horatio Alger Award has been annually bestowed upon esteemed individuals who have succeeded despite facing adversities, and who have remained committed to education and charitable efforts in their communities. Paloma Partners Management Company (Paloma Partners) is a Hedge Fund Manager located in Greenwich, CT United States, North America. 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 . 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. Zoom between states and the national map to see the top spots in each region. Commodities strategies: trading commodities, futures, options or derivatives on agricultural products, energy products, metals, minerals and others. Accessed February 14, 2020. Find30 categories of updated info on Paloma Partners including all of the above infoin the below lists: The main corporate email address for Paloma Partners is available as part of its listing in the following downloadable hedge fund lists: Updated assets under management information for Paloma Partners is available as part of its listing in the following downloadable hedge fund lists: Full details for top executives at Paloma Partners, including name, position, and email addresses are available as part of its listing in the following downloadable hedge fund lists: Because of the constantly shifting nature of the industry, we make no claims to the accuracy or completeness of the information contained in any of our hedge fund / private equity lists. 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. There are 47 advisors working at the firm.If you arent sure what the right investment strategy is for you, consider working with a financial advisor, who can guide you through your myriad options. 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. This User Agreement (including the Privacy Policy), as modified from time to time, constitutes the entire agreement between you and PPMC with respect to the subject matter hereof. 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. Shaolin Capital Management is a registered investment advisor that invests opportunistically across the capital structure. Horatio Alger Members are part of a select group of individuals who have experienced a wide spectrum of what life can offer. This review was produced by SmartAsset based on publicly available information. Errors are noted below: Thanks for reaching out. No Liability for Technological Problems. There is no recent news or activity for this profile. Palomar is a private family office, we do not provide any investment advice, or accept any outside money. Sovereign Investor Leadership Conference March 2023. No Advice, Offers or Solicitations. We pursue attractive risk/reward opportunities in all strategies, but we have traditionally focused on quantitative and relative value approaches. For more information about Horatio Alger Association and its Member Class of 2023, please visitwww.horatioalger.organdfollow the organization onFacebook,TwitterandInstagram. email address below and choose 'Submit'. Capital structure strategies: exploiting pricing inefficiencies and information asymmetry. and an MBA from New York University as well as an Honorary Doctorate from the Weizmann Institute of Science and Maine College of Art. 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. List of hedge funds are not intended for investment purposes. 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. Sovereign Wealth Fund Institute and SWFI are registered trademarks of the Sovereign Wealth Fund Institute. 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. HedgeFundJobList.com is a hedge fund directory aimed at financial job seekers. 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. Past Performance. Each of these incredible leaders has also shared their success with others, giving generously to important causes and communities in need. The largest recipients have been the House Majority PAC and Senate Majority PAC, both of which received $4 million. 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 [1] The firms management and employees (most prominently Sussman himself) are large political donors who give almost exclusively to Democratic candidates and left-of-center organization. Paloma Partners Private Equity Company Info. Any purported assignment of this User Agreement in violation of its terms shall be void. Mr. Sussman was named to the Institutional Investor-Alpha Hedge Fund Hall of Fame in 2013. 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.
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