paloma partners hedge fund

Mr. Sussman was named to the Institutional Investor-Alpha Hedge Fund Hall of Fame in 2013. In this review, we explore the firm's investment philosophies, minimums and more. [8], Sussmans personal net worth is estimated at $500 million. Nevertheless, he eventually returned to school, frequently while still working, earning a bachelors degree and an MBA from New York University. [11], Throughout the 1990s, Paloma-associated political donations steadily increased from tens of thousands to hundreds of thousands of dollars. Value, Convexity, Partnership. 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. Gregory Hayt is the President and Chief Risk Officer of Paloma Partners Management Company (PPMC). In 2002, donations spiked to $1.2 million. The named firm and its financial professionals have not reviewed, approved, or endorsed this review and are not responsible for its accuracy. Paloma Partners Management Company Review -- SmartAsset | SmartAsset.com Want to learn more about the hedge funds Paloma Partners Management Company manages? PPMC does not maintain and is not responsible or liable for any off-Site web pages accessible from or linked to the Site or any products, services or information contained, offered or promoted therein. One-Time Checkup with a Financial Advisor. PPMC, Paloma.com and other names and indicia of source of PPMC and its services and funds it services, are exclusive trademarks and service marks of PPMC, the funds it services, their advisors and affiliates. Event driven strategies: investing in opportunities created by unexpected events and special situations. Create Email Alert, ***Log In or You may print copies of any accessible portion of the Site only for your own personal use. Palmoa Partners Profile of 2020 Election Cycle. Open Secrets. Fixed income strategies: investing in long and short credit positions. Top Organization Contributors. Open Secrets. 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. 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." In 2018, half of the top-ten biggest political contributors were hedge funds, including Paloma. S. Donald Sussman, a Clinton supporter who founded Paloma Partners, has donated nearly $18 million, according to CRP records; Singer has given more than $12 million, mainly to conservative. At only 15 years old, his father's death thrust Mr. Sussman into the role of family leader. 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. Sorry, no results has been found matching your query. No assurances can be made that any intentions, assumptions, expectations, strategies, and/or goals expressed or implied herein were or will be realized or that the activities or any performance described did or will continue at all or in the same manner as is described on this website. SaaS, Android, Cloud Computing, Medical Device), Where the organization is headquartered (e.g. 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 . No Waiver of Rights. You hereby waive any objection to venue or inconvenient forum laid therein. 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. Your use of links to any third person via the Site is at your own sole risk. SWFI is a minority-owned organization. All investing involves risk, including loss of principal. 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. Selwyn Donald Sussman [1] [2] (born June 8, 1946) is an American asset manager and philanthropist who is the founder and chief investment officer of the Paloma Funds. He is particularly concerned with environmentalist policy. Currently, there are no asset-based or performance based fees at Paloma. Accessed February 14, 2020. PPMC may assign this User Agreement in whole or in part at any time without your consent. 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. The 2023 awardees exemplify the Association's mission and are proof that the American Dream is within reach for all who seek it.". 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. So over the years he has. Accessed February 14, 2020. Paloma Partners Management is a fund manager in Greenwich with $12.94 bn assets under management. It was the dawn of the computer revolution, and Mr. Sussman became a pioneer in applying quantitative techniques to investing. 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. [9] In 2019, Worth named Sussman one of the ten most powerful hedge fund managers in America. The largest recipients have been the House Majority PAC and Senate Majority PAC, both of which received $4 million. 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. PPMC hereby grants you a revocable, nontransferable, nonexclusive right to use the Site solely in accordance with this User Agreement. No Liability for Technological Problems. Nevertheless, he eventually returned to school, frequently while still working, earning a bachelor's degree and an MBA from New York University. 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. You agree that we are not liable for any action you take or decision you make in reliance on any Content. Similar to characters in stories by Horatio Alger, Jr., they traditionally have started life in humble or economically challenging circumstances. Paloma Partners - Donald Sussman assets under management (13F Holdings listing stock ownership and transaction history) provided by Insider Monkey. Alexandria, VA 22314. "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.". No Advice, Offers or Solicitations. You accept full responsibility for all activity conducted using your password and agree to and hereby release PPMC from any and all liability concerning such activity. Disclaimer of Warranties. S. Donald Sussman, Founder of Paloma Partners Hedge Fund, Is a Big Hillary Clinton Campaign Backer. Paloma is a multi-strategy hedge fund that has a historical focus on quantitative and relative value strategies. Through the generosity of its Members and friends, in 2022, the Association awarded more than $16 million in undergraduate and graduate need-based scholarships to over 1,600 students across the United States and Canada, and provided college support and mentoring services to its Scholars. Through the generosity of its Members and friends, in 2022, the Association awarded more than $16 million in undergraduate and graduate need-based scholarships to over 1,600 students across the United States and Canada, and provided college support and mentoring services to its Scholars. A majority of the top-15 biggest hedge fund-associated donors supported Democratic candidates and organizations. 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. The parties are waiving their right to seek remedies in court, including the right to jury trial. It was the dawn of the computer revolution, and Mr. Sussman became a pioneer in applying quantitative techniques to investing. Nothing in this User Agreement shall constitute or create a joint venture, partnership, or any other similar arrangement between you and PPMC. Accessed February 14, 2020. All Rights Reserved. Horatio Alger Association of Distinguished Americans, Inc. "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." 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. 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 Copyright 2008-2020 HedgeFundJobList.com | All Rights Reserved |. 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. USERS SHOULD CONSULT WITH, AND SEEK PROFESSIONAL ADVICE FROM, THEIR OWN ATTORNEYS, ACCOUNTANTS AND FINANCIAL ADVISORS WITH RESPECT TO THEIR INDIVIDUAL CIRCUMSTANCES AND NEEDS. Paloma Partners Management Company is a registered investment adviser to a multi-manager, multi-strategy hedge fund. the MV of securities sold, whichever is less, Other third-party content, logos and trademarks are owned by their perspective entities and used for informational purposes only. By the 40th anniversary of the Associations 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. This goal was tragically cut short when he suddenly passed away. Each of these incredible leaders has also shared their success with others, giving generously to important causes and communities in need. 1100 Louisiana Suite 5100 Houston,Texas 77002 713-650-8500 main 713-652-2600 fax Ownership. Copyright 2023 InfluenceWatch. 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. If you access the Site from outside of the United States, you do so at your own risk and you are responsible for compliance with the laws of your jurisdiction. Download 13F Summary Paloma Partners has boosted assets by $1.3 billion this year, defying a flight of capital from the global hedge fund industry by investors punishing poor performance. In 1992, he joined Paloma Partners and eventually traded $400 million, the largest amount managed by any individual at the hedge fund. Get full info on Paloma Partners including updated assets under management, executive and company emails, and more than 35 categories of additional information. Theodore Hagan also disclosed a decreased stake in Ishares Tr by approximately 0.1%. Mr. Sussman was born into humble beginnings to a father who saved money his entire life with a goal of funding his childrens education. The biggest names in the hedge fund industry gave tens of millions to both parties in the 2018 midterms here are the top donors. Business Insider. FILE - Trian Partners hedge fund manager Nelson Peltz is interviewed by CNBC's Sara Eisen after Procter & Gamble's annual shareholders meeting, Tuesday, Oct. 10, 2017, in Cincinnati. Paloma Partners Management Company. Whale Wisdom. High yield strategies: trading and investing in credit derivatives, bank debt, bonds and equities of unrated or below investment grade issuers. The existence of a fiduciary duty does not prevent the rise of potential conflicts of interest. It sold the previously owned 365,035 shares for $41.3 million. List of hedge funds are not intended for investment purposes. In the last 15 years, he has donated approximately $100 million to organizations focusing on education, the arts and the environment. Statistical arbitrage and systemic futures strategies: using quantitative methods and statistical models to identify mispricings. You are solely responsible for any use of or action taken under your password on the Site. 2023 Paloma Partners Management Company. [19][20]. 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 WASHINGTON, Jan. 18, 2023 . While Sussman runs hedge fund Paloma Partners in Greenwich, Conn., he is becoming better known as a top Democratic donor in the Trump era. Notice to PPMC. Accessed February 14, 2020. Credit relative value investment strategies: designed to find long and short opportunities in corporate, asset backed and mortgage backed securities. Paloma Partners has no other clients: There are no other types of funds at the firm, no high-net-worth individuals and no other institutional clients. Hillary Clinton (D). Open Secrets. Mr. Sussman joins 12other exceptional business, civic and cultural leaders from across NorthAmerica in receiving 2023 honors. Get our editors daily picks straight in your inbox! Additionally, ACG provides hedge fund industry research, consultation and private events. [2]: 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. We believe we offer the best hedge fund lists available for download. Persons associated with Paloma have already donated $14 million in the 2020 election cycle. 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. 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. In this article, we discuss the top 10 stock picks of Donald Sussman's Paloma Partners based on Q2 holdings of the fund. 19200 Von Karman Ave Ste 150. The scholarships are made possiblethrough the Associationthanks to thegenerosity ofitsMembers, whowillhave collectively provided more than $245millionto35,000 studentsby 2023. Fund of Funds, MANAGING DIRECTOR, CHIEF COMPLIANCE OFFICER, PALOMA PARTNERS MANAGEMENT COMPANY AND PALOMA PARTNERS ADVISORS LP. Lois Peltz. Sign-up They were founded in 1989 and have 95 employees. This is not an offer to buy or sell any security or interest. In 2013, he was named to the Institutional Investor-Alpha Hedge Fund Hall of Fame. Finding the right financial advisor near you doesnt have to be hard. Third Party Links. Dozens of other hedge fund and private equity operators gave lesser amounts to the Hillary Victory Fund. Paloma Partners is based out of Greenwich. for Q3 2022: commodity pool operator or commodity trading advisor, DIRECTOR, PRESIDENT, CHIEF RISK OFFICER, PALOMA PARTNERS MANAGEMENT COMPANY, MANAGING DIRECTOR, PALOMA PARTNERS MANAGEMENT COMPANY, MANAGING DIRECTOR, CHIEF INFORMATION OFFICER, MANAGING DIRECTOR, CHIEF INFORMATION OFFICER, PALOMA PARTNERS MANAGEMENT COMPANY, MANAGING DIRECTOR, GENERAL COUNSEL, PALOMA PARTNERS MANAGEMENT COMPANY, MANAGING DIRECTOR, TAX DIRECTOR, PALOMA PARTNERS MANAGEMENT COMPANY, MANAGING DIRECTOR, CHIEF FINANCIAL OFFICER, CHIEF FINANCIAL OFFICER, CHIEF COMPLIANCE OFFICER, MANAGING DIRECTOR, CHIEF COUNTERPARTY CREDIT OFFICER, MANAGING DIRECTOR, CHIEF COMPLIANCE OFFICER, SHAREHOLDER OF NEW CHINA CAPITAL MANAGEMENT CORP. (RELYING ADVISER), DIRECTOR, PALOMA PARTNERS MANAGEMENT COMPANY, PACIFIC ALTERNATIVE ASSET MANAGEMENT CO LLC, Master Fund To inquire about opportunities please contact us at:recruiting@paloma.com. 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). 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. [12] In 2016, these donations jumped to over $41 million, before declining to $28 million in 2018. For more information about Horatio Alger Association and its Member Class of 2023, please visitwww.horatioalger.organdfollow the organization onFacebook,TwitterandInstagram. Entire Agreement. As he achieved success in business, Mr. Sussman shared his wealth with others, earning a reputation as a distinguished philanthropist. The Horatio Alger Association is a wonderful example of the impact we can make on future generations. [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. Applicable Law. 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. Whalewisdom has at least 88 13F filings, 5 13D filings, and 6 13G filings. 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. In 1981, Sussman founded Paloma Partners with $3 billion in assets. Paloma was founded in 1989 by Donald Sussman. [16], In the 2020 cycle, Paloma-associated contributions have mostly gone to Democratic Congressional candidates and PACs. 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. Limitation of Liability. After college, Sussman worked at Titan Industrial Corporation and the New York City-based law firm, Gelberg & Abrams. This goal was tragically cut short when he suddenly passed away. PPMC may investigate any complaint or reported violation of its policies and take any action that it deems appropriate. SmartAsset Advisors, LLC ("SmartAsset"), a wholly owned subsidiary of Financial Insight Technology, is registered with the U.S. Securities and Exchange Commission as an investment adviser. and an MBA from New York University as well as an Honorary Doctorate from the Weizmann Institute of Science and Maine College of Art. The Association also aims to educate young people about the endless opportunities available by the free-enterprise system through commitment, honesty, and diligence. 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. Paloma Partners - Private Equity Company Info Description:Paloma Partners is a private equity company based in Greenwich, CT and has approximately $140.6 million in assets under management. YOU AND PPMC WILL SETTLE ANY DISAGREEMENTS BY ARBITRATION IN NEW YORK STATE UNDER THE SUBSTANTIVE PROVISIONS OF NEW YORK STATE LAW. [17], From 2002 to 2020, no more than 1% of Paloma-associated donations went to Republican candidates and organizations. [5], Sussman is one of the largest personal donors to the Democratic Party. All text and design is copyright 2020 WhaleWisdom.com. Performance 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. For example, Scott Shleifer of Tiger Global Management kicked in $167,000 while Mark Gallogly of Centerbridge Partners anted up $66,800. All rights reserved. When completed, an email will be sent to the email address you specify Accessed February 14, 2020. Hedge Fund: Phone: Address: Source: Fund AUM and Sold ($) 15 12 9 6 3 0 2011 2015 2019 2023: Fund Details; Director: Paloma Partners Management Company, Paloma Partners Advisors LP: Custodian: SG Americas Securities LLC, Barclays Bank PLC, Citigroup Global Markets Inc, UBS Switzerland AG, JP Morgan Securities LLC, UBS Securities LLC, Credit . 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. [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. Indemnity. Paloma Partners is a private equity company based in Greenwich, CT and has approximately $140.6 million in assets under management. Termination. 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.

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