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. Activist strategies: investing with the purpose of influencing the management of a company. 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. IMPORTANT DISCLOSURES & AGREEMENTS About Since our founding we have built a reputation for longevity in hedge fund investing. Fundamental and directional strategies: measuring the intrinsic value of a security by analyzing economic and financial factors. 6. You hereby waive any objection to venue or inconvenient forum laid therein. President & Chief Risk Officer. He attended Columbia University and then attained an MBA from New York University. 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. 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. "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. Sovereign Wealth Fund Institute and SWFI are registered trademarks of the Sovereign Wealth Fund Institute. For more information about Horatio Alger Association and its Member Class of 2023, please visitwww.horatioalger.organdfollow the organization onFacebook,TwitterandInstagram. We do not manage client funds or hold custody of assets, we help users connect with relevant financial advisors. This goal was tragically cut short when he suddenly passed away. 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. Paloma is a private equity real estate investor established in 2015 and wholly owned by its founding partners Joe Froud and Jack Pitman. Itmanages a total of four hedge funds that have more than $17 billion under management. It was the dawn of. After college, Sussman worked at Titan Industrial Corporation and the New York City-based law firm, Gelberg & Abrams. [11], Throughout the 1990s, Paloma-associated political donations steadily increased from tens of thousands to hundreds of thousands of dollars. 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. You agree that the notice provisions provided in this User Agreement are reasonable. Mr. Sussman's efforts have earned him many accolades. The panel of arbitrators will typically include a minority of arbitrators who were or are affiliated with the securities industry. PPMC provides such links solely as a convenience to its Users. It was the dawn of the . Accessed February 14, 2020. It sold the previously owned 365,035 shares for $41.3 million. Finding the right financial advisor near you doesnt have to be hard. Enforceability. 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 must have a subscription to view WhaleScore histories. Currently, there are no asset-based or performance based fees at Paloma. We make reasonable efforts to ensure that the Site is secure but we do not guarantee the security of the Site. 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. 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. Acceleration Capital Group, LLC is a placement agency within the alternative investment industry. 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 Horatio Alger Association is a wonderful example of the impact we can make on future generations. 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. Priorities USA Action, a liberal Super PAC founded by former Obama administration staffers, received $3 million. Without limiting the foregoing or expanding any of your rights hereunder, you may not use the Site to transmit, distribute or store material (a) in violation of any applicable law or regulation, (b) in a manner that will infringe the copyright, trademark, trade secret or other intellectual property right of another or violate the privacy, publicity or other personal right of another, or (c) that is defamatory, obscene, threatening, abusive or hateful. Long/short strategies: using both long and short positions in securities, indices, ETFs or baskets of securities. Only includes UK, France, Germany, Japan, and HKEX are presently being processed. 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. Notice to PPMC. 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 [14], Paloma was the single largest contributor to the 2016 presidential campaign of Hillary Clinton, with $21,613,800 donated. 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. PPMC may assign this User Agreement in whole or in part at any time without your consent. PPMC hereby grants you a revocable, nontransferable, nonexclusive right to use the Site solely in accordance with this User Agreement. 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. 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 not to remove any copyright, trademark or other proprietary notice or legend contained on the Site or its Content (or printed copies thereof). 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). Modifications. View contacts for Paloma Partners to access new leads and connect with decision-makers. GREENWICH, CT Accessed February 14, 2020. Performance and a top 10 holdings concentration of 44.34%. 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 . Average Retirement Savings: How Do You Compare? Credit relative value investment strategies: designed to find long and short opportunities in corporate, asset backed and mortgage backed securities. Also, scroll over any city to learn about the cost of living in retirement for that location. From Business: Incorporated in 1999, Index Funds Advisors Inc. (IFA) is a fee-only independent financial advisor registered with the United States Securities and Exchange. We seek to invest and manage based on certain core principles. Dated Content speaks only as of the date indicated. You are prohibited from violating or attempting to violate the security of the Site. For more information about Horatio Alger Association and its Member Class of 2023, please visitwww.horatioalger.organdfollow the organization onFacebook,TwitterandInstagram. Accessed February 14, 2020. To inquire about opportunities please contact us at:recruiting@paloma.com. List of hedge funds are not intended for investment purposes. 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. Paloma is a multi-strategy hedge fund that has a historical focus on quantitative and relative value strategies. At only 15 years old, his fathers death thrust Mr. Sussman into the role of family leader. "Each of these incredible leaders has also shared their success with others, giving generously to important causes and communities in need. 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. SWFI facilitates sovereign fund, pension, endowment, superannuation fund and central bank events around the world. In this review, we explore the firm's investment philosophies, minimums and more. 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. 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. 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. Hedge Fund Alert first reported Hendel's move to Paloma. Paloma Partners is a Connecticut-based hedge fund founded and managed by Donald Sussman with $9.5 billion in active investments. There was an error. Disclaimer of Warranties. Investments in real assets: investing in physical, tangible assets including commodities, equipment, natural resources and property. High yield strategies: trading and investing in credit derivatives, bank debt, bonds and equities of unrated or below investment grade issuers. A majority of the top-15 biggest hedge fund-associated donors supported Democratic candidates and organizations. The Association administers more than 70 undergraduate and graduate need-based scholarship programs. Event driven strategies: investing in opportunities created by unexpected events and special situations. Accessed February 14, 2020. Paloma Partners Management Company. Whale Wisdom. Arbitration shall be conducted in the Borough of Manhattan, New York State. All rights reserved. S-DONALD-SUSSMAN Bio In 2002, donations spiked to $1.2 million. Sovereign Investor Leadership Conference March 2023. The experience opened his eyes to the nascent world of arbitrage investing, which would become the focus of his professional life. Since 1984, the Association has awarded annual need-based scholarships to high school students who have displayed dedication to pursuing higher education despite significant obstacles throughout their lives. All Rights Reserved. Passwords and Security. to see more advanced email alert options such as selecting any type of [8], Sussmans personal net worth is estimated at $500 million. Your use of links to any third person via the Site is at your own sole risk. Instead, most of the expenses are passed-through and paid by the feeder funds and investors. Limitation of Liability. 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. To contact someone at Paloma Partners about the possibility of investing in one of the firms hedge funds, email info@paloma.com or call (203) 861-3236. 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. Mr. Hayt joined PPMC in 2002 and became Chief Risk Officer in 2004. 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. SmartAsset's interactive map highlights places where $1 million will last the longest in retirement. Hedge Fund Hendel left his job as global head of prime brokerage at Bank of America Merrill Lynch in 2014 and was replaced by Paul Simpson. Nevertheless, he eventually returned to school, frequently while still working, earning a bachelor's degree and an MBA from New York University. 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. No Waiver of Rights. 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. Accessed February 14, 2020. and an MBA from New York University as well as an Honorary Doctorate from the Weizmann Institute of Science and Maine College of Art. Paloma Partners is a Connecticut-based hedge fund founded and managed by Donald Sussman with $9.5 billion in active investments. This is not a solicitation for any investment service and we receive no compensation from any hedge funds listed. 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. 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. [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. 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. S. Donald Sussman, Founder of Paloma Partners Hedge Fund, Is a Big Hillary Clinton Campaign Backer. Were especially interested in traders focused on algorithmic and relative value strategies. The firm is owned equally by Sussman, Hayt and 17 other senior employees.Paloma is located in Greenwich, Connecticut. All text and design is copyright 2020 WhaleWisdom.com. 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. 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. Houston Office. You agree to review this User Agreement periodically so that you are aware of any modifications. Horatio Alger Members support promising young people with the resources and confidence needed to overcome adversity in pursuit of their dreams through higher education. They do not constitute part of this User Agreement. The scholarships are made possiblethrough the Associationthanks to thegenerosity ofitsMembers, whowillhave collectively provided more than $245millionto35,000 studentsby 2023. Paloma Partners primarily utilizes a multi strategy strategy. https://whalewisdom.com/filer/sunrise-partners-llc-ct, https://www.opensecrets.org/orgs/list.php?id=, https://books.google.com/books?id=Yj0LIWZocugC&pg=PA247&lpg=PA247&dq=Paloma+Partners+%2B+SUSSMAN&source=bl&ots=-0eZ_Fb_uQ&sig=eY-rc2sKUdflwGkggxR_wul7nfQ&hl=en&sa=X&ei=WHWZUb6bN4jU8wT8sYCgAg&ved=0CGMQ6AEwCQ#v=onepage&q=Paloma%20Partners%20%2B%20SUSSMAN&f=false, https://www.opensecrets.org/news/2019/04/generous-megadonors-of-q1-2020/, https://www.carnegiehall.org/About/Leadership-and-Staff/Board-of-Trustees, https://www.superyachtfan.com/yacht-alice-s-restaurant.html, https://www.worth.com/the-10-most-powerful-hedge-fund-managers-this-year/, https://www.opensecrets.org/orgs/totals.php?id=D000000552&cycle=2010, https://www.opensecrets.org/pres16/contributors?id=N00000019, https://www.ft.com/content/af4e852c-70d7-11e8-92d3-6c13e5c92914, https://www.opensecrets.org/orgs/summary.php?id=D000000552, https://www.businessinsider.com/the-hedge-fund-industry-gave-tens-of-millions-to-both-parties-in-the-midterms-2019-5, https://www.cnbc.com/2016/09/09/the-biggest-hedge-fund-donor-this-election-why-it-stays-so-quiet.html, Clinton 2016 Presidential Campaign (Political Party/527). Top Organization Contributors. Open Secrets. Fund of Funds, MANAGING DIRECTOR, CHIEF COMPLIANCE OFFICER, PALOMA PARTNERS MANAGEMENT COMPANY AND PALOMA PARTNERS ADVISORS LP. Leadership. ProPublica. No Recommendations of Individual Securities or Strategies. SWFI is a minority-owned organization. Paloma Partners - Donald Sussman assets under management (13F Holdings listing stock ownership and transaction history) provided by Insider Monkey. Paloma manages approximately $4.8 billion in assets. All opinions, recommendations, views, news, information and other content contained in any third person sites are solely those of the third persons, and PPMC disclaims all responsibility and liability for such content. This leaves the value of the investment at $18 million and 140,362 shares. This User Agreement replaces all prior or contemporaneous understandings or agreements, written or oral, regarding the subject matter hereof. In the last 15 years, he has donated approximately $100 million to organizations focusing on education, the arts and the environment. Past Performance. You are limited to the prior 8 quarters of 13F filings. Irvine, CA 92612. Their last reported 13F filing for Q3 2022 included $2,201,588,000 in managed 13F securities 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. 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. Investment Advisor 2023 Paloma Partners Management Company. Ownership. 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. The Association also aims to educate young people about the endless opportunities available by the free-enterprise system through commitment, honesty, and diligence. 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. 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. YOU AND PPMC WILL SETTLE ANY DISAGREEMENTS BY ARBITRATION IN NEW YORK STATE UNDER THE SUBSTANTIVE PROVISIONS OF NEW YORK STATE LAW. Accessed February 14, 2020. Mr. Sussman attended Columbia College and received a B.S. With respect to the resolution of any such controversy, you further acknowledge that: Arbitration is final and binding on the parties. 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. FOUNDER & CHIEF INVESTMENT OFFICER, GREGORY-HAYT Bio 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. PPMC has the right, but not the obligation, to monitor any activity and Content associated with the Site. Mr. Sussman is an Honorary Trustee and former Co-Chair of the Investment Committee of Carnegie Hall. This review was produced by SmartAsset based on publicly available information. He is responsible for all PPMC activities related to the Paloma Fund and also runs the Risk Management Group. Paloma Partners, a $4-billion hedge fund that has spent much of the last three decades politely turning away would-be investors, is opening its doors, if only a crack to newcomers, three people . About Us. He has even served on the boards of liberal organizations like the Center for American Progress and the Democracy Alliance. Value, Convexity, Partnership. It was the dawn of the computer revolution, and Mr. Sussman became a pioneer in applying quantitative techniques to investing. WITHOUT LIMITING THE FOREGOING PROVISIONS OF THIS PARAGRAPH, THESE LIMITATIONS ALSO APPLY TO ANY THIRD PARTY CLAIMS AGAINST USERS. for PALOMA PARTNERS MANAGEMENT COMPANY, Top 20 equal-weighted holdings. The filing was for a pooled investment fund: hedge fund The notice included securities offered of Equity,Pooled Investment Fund Interests We do not endorse the opinions of, or warrant the accuracy of facts or other Content contributed by, any third party. The existence of a fiduciary duty does not prevent the rise of potential conflicts of interest. All material subject to strictly enforced copyright laws. 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. 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. Our approach leverages the team's expertise in convertible and other hybrid securities. After falling for the next four years, donations steadily rose again to over $3 million in 2014. Paloma Partners. Open Secrets. 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. 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. He has published on risk management and derivatives issues in various finance publications and was a consultant and contributor to the first Sound Practices for Hedge Fund Managers, published in 2000. In 1981, Sussman founded Paloma Partners with $3 billion in assets. It was the dawn of the computer revolution, and Mr. Sussman became a pioneer in applying quantitative techniques to investing. You agree to notify PPMC immediately of any actual or suspected loss, theft or unauthorized use of your password. Accessed February 14, 2020. 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. 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." About SS&C Technologies. You may print copies of any accessible portion of the Site only for your own personal use. Since 1984, theAssociationhasawardedannualneed-based scholarshipstohigh school students who havedisplayeddedication to pursuing higher education despitesignificantobstacles throughout their lives. Distressed strategies: investing in securities and other assets of issuers of weak financial condition. Mr. Sussman joins 12other exceptional business, civic and cultural leaders from across NorthAmerica in receiving 2023 honors. The 10 Most Powerful Hedge Fund Managers this Year. Worth. 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. The search for talent is a core part of our operating model and we welcome. Hedge Fund - Paloma Partners Get Email Alerts Profile 13F Holdings Latest 13D & 13G Filings News, Interviews, and Investor Letters Donald Sussman Bio, Returns, AUM, Net Worth Manager biography is. 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. I look forward to networking with Scholars and joining the Members to help expand upon that impact.. HTTPS://WWW.PALOMA.COM 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. The ongoing search for accomplished and innovative. 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. You agree that you will not publish, broadcast, retransmit, reproduce, commercially exploit, create any derivative of or otherwise disseminate any portion of the Site. "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.". Paloma Partners Management Co closed its position in Ishares Tr on 15th August 2022. Mr. Sussman and the Member Class of 2023will be formally inducted into the Association during the Horatio Alger Award Induction Ceremonies in Washington, D.C. from March 30 through April 1, 2023. [3], Sussman was born in Miami, FL. Accessed February 14, 2020. Each of these incredible leaders has also shared their success with others, giving generously to important causes and communities in need. Download full info for Paloma Partners in Excel format in the following lists. Accessed February 14, 2020. We seek to generate attractive, long term, risk adjusted returns with low correlation to markets. These lists are not intended for potential investors and should under no circumstance be relied upon for making investment decisions. The Site contains hyperlinks (or "links") to Internet web sites of third persons and entities. [3] Contents divided by the total MV of the fund. In this article, we will discuss the 10 stocks hedge fund legend Donald Sussman is buying. 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. Headings. They were founded in 1989 and have 95 employees. 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. SEC form, multiple filers or classes of filers, and much more.***. Risks in relying on the Content. 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 HedgeFundJobList.com is a hedge fund directory aimed at financial job seekers. BY CLICKING "I AGREE" AT THE END OF THIS USER AGREEMENT, YOU ARE AGREEING THAT YOU HAVE READ, UNDERSTAND AND ACCEPT THE TERMS AND CONDITIONS CONTAINED HEREIN, WILL ABIDE BY THIS USER AGREEMENT IN ITS THEN CURRENT FORM AND ARE LEGALLY BOUND BY THIS USER AGREEMENT. This will schedule a job to export all requested 13f holdings data for this filer. When completed, an email will be sent to the email address you specify Paloma Partners is based out of Greenwich. 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. Applicable Law. 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 Of the 2020 Democratic Presidential candidates, Senator Cory Booker (D-NJ) received the most in Paloma-associated contributions as of February 2020. This obligation survives the termination of this User Agreement. 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. In 1992, he joined Paloma Partners and eventually traded $400 million, the largest amount managed by any individual at the hedge fund. Headings used in this User Agreement are for convenience only. At only 15 years old, his father's death thrust Mr. Sussman into the role of family leader. He was named President of PPMC in December 2007. Subscribe to WhaleWisdom to view all filing data Horatio Alger Members support promising young people with the resources and confidence needed to overcome adversity in pursuit of their dreams through higher education. Additionally, ACG provides hedge fund industry research, consultation and private events. We will be in touch soon. He is particularly concerned with environmentalist policy. Donald Sussman: his Net Worth, his House, Jet and Sheherazade Yacht. Super Yacht Fan Club. The interactive version of this map is only available on Desktop devices. Indemnity. [5], Sussman is one of the largest personal donors to the Democratic Party. Mr. Hayt is also responsible for the management of PPMC. 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. 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. 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. Paloma Partners Management Company is based out of Greenwich. In 2013, he was named to the Institutional Investor-Alpha Hedge Fund Hall of Fame. 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 . 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. As he achieved success in business, Mr. Sussman shared his wealth with others, earning a reputation as a distinguished philanthropist. The largest recipients have been the House Majority PAC and Senate Majority PAC, both of which received $4 million. Mr. Sussmans efforts have earned him many accolades. The 2023 awardees exemplify the Associations mission and are proof that the American Dream is within reach for all who seek it.. 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. Paloma Partners Management Company (Paloma Partners) is a Hedge Fund Manager located in Greenwich, CT United States, North America. Convertible securities: exploiting price differentials between convertible securities and the underlying security. All rights reserved. This is not an offer to buy or sell any security or interest. Lois Peltz. Neither party is authorized to act as agent or bind the other party except as expressly stated in this User Agreement. Paloma Partners LLC is a holding company that provides security brokerage, investment, and management consultancy services. Paloma Partners is a hedge fund manager based in Greenwich, CT. Other third-party content, logos and trademarks are owned by their perspective entities and used for informational purposes only. 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. Sorry, no results has been found matching your query. Horatio Alger Members are part of a select group of individuals who have experienced a wide spectrum of what life can offer. Horatio Alger Association of Distinguished Americans, Inc. 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. Alt Turnover is calculated by taking either the total MV of new purchases or All investing involves risk, including loss of principal. 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. This User Agreement will be binding on and will inure to the benefit of the legal representatives, successors and assigns of the parties hereto. While Sussman runs hedge fund Paloma Partners in Greenwich, Conn., he is becoming better known as a top Democratic donor in the Trump era. He was the recipient of Hedge Funds Reviews Lifetime Achievement Award in 2013 and Institutional Investors Alternative Investment News Lifetime Achievement Award in 2004. 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. 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 You may access Palomas Form ADV atInvestment Adviser Public Disclosure. 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. [2], According to the Center for Responsive Politics, persons associated with Paloma Partners formed the tenth-biggest overall donor organization in America from 1990 to 2020, with $96 million donated. We make reasonable efforts to avoid technological problems, but at any time the Site may have and may cause technological problems such as viruses and other damaging computer programming routines or engines. 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. You may not access any password-protected portion of the Site unless you received a password from and are authorized by PPMC. Nevertheless, he eventually returned to school, frequently while still working, earning a bachelors degree and an MBA from New York University. 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. 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. In 2013, he was named to the Institutional Investor-Alpha Hedge Fund Hall of Fame. 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. 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. How do I update this listing? 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. 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. Get full info on Paloma Partners including updated assets under management, executive and company emails, and more than 35 categories of additional information. Commodities strategies: trading commodities, futures, options or derivatives on agricultural products, energy products, metals, minerals and others. You agree that the terms, conditions and agreements governing the third person sites shall apply to you when accessing such sites via a link from this Site, and you agree to abide by such agreements. One-Time Checkup with a Financial Advisor. Performance numbers calculated through 2022-11-14. You are solely responsible for maintaining the confidentiality and security of your password, and you hereby agree not to disclose your password to any third party. No failure of either party to enforce any of its rights under this User Agreement will act as a waiver of such rights. Opinions included on the Site are subject to change at any time without notice. SaaS, Android, Cloud Computing, Medical Device), Where the organization is headquartered (e.g. Mr. Sussman joins 12other exceptional business, civic and cultural leaders from across NorthAmerica in receiving 2023 honors. Download 13F Summary No affiliation or endorsement, express or implied, is provided by their use. Accessed February 14, 2020. 2008-2023 Sovereign Wealth Fund Institute. The biggest hedge fund donor this election: why it stays so quiet. CNBC. 19200 Von Karman Ave Ste 150. Get our editors daily picks straight in your inbox! Palomar is a private family office, we do not provide any investment advice, or accept any outside money. 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. Private equity: medium to long-term investments in private companies that are not publicly traded. 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. ACG, LLC is the flagship entity founded by Alexis Graham and Ian Tracy in March of 2008. Pre-arbitration discovery is generally more limited than and different from court proceedings. We seek to generate attractive, long term, risk adjusted returns with low correlation to markets. [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. Hillary Clinton (D). Open Secrets. WITHOUT LIMITING THE FOREGOING, THIS DISCLAIMER OF LIABILITY APPLIES TO ANY DAMAGES OR INJURY CAUSED BY ANY FAILURE OF PERFORMANCE, ERROR, OMISSION, INTERRUPTION, DELETION, DEFECT, DELAY IN OPERATION OR TRANSMISSION, COMPUTER VIRUS, COMMUNICATION LINE FAILURE, THEFT, DESTRUCTION OR UNAUTHORIZED ACCESS TO, ALTERATION OF, OR USE OF ANY ASSET, WHETHER FOR BREACH OF CONTRACT, TORTIOUS BEHAVIOR, NEGLIGENCE OR UNDER ANY OTHER CAUSE OF ACTION. Restless as a Columbia University undergraduate, he took a leave of absence and began working for a small brokerage firm. Menu burger Close thin Facebook Twitter Google plus Linked in Reddit Email arrow-right-sm arrow-right Loading Third Party Links. Other product and company names and trademarks appearing on the Site may be trademarks of their respective owners. As part of its registration with the U.S. Securities and Exchange Commission Paloma Partners has filed a Form ADV. So over the years he has. The founder of a hugely successful hedge fund firm Paloma Partners Management Co. S. Donald Sussman is aware of how remunerative owning a hedge fund can be. No Advice, Offers or Solicitations. This goal was tragically cut short when he suddenly passed away. The firm last filed a Form D notice of exempt offering of securities on 2022-03-24. Gregory Hayt is the President and Chief Risk Officer of Paloma Partners Management Company (PPMC). Past performance is no indication of future performance, and nothing on this Web site should be interpreted to state or imply otherwise. Paloma Partners Management Company's largest holding is SPDR S&P 500 ETF TRUST with shares held of 1,482,600. A financial advisor can help you get your portfolio in order regardless of your current situation. Mr. Sussman was named to the Institutional Investor-Alpha Hedge Fund Hall of Fame in 2013. No Liability for Technological Problems. 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. 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. or to simply have an email sent to you whenever we receive a new Volatility and correlation strategies: trading derivatives. The firm's management and employees (most prominently Sussman himself) are large political donors who give almost exclusively to Democratic candidates and left-of-center organization. Access to the materials may not be legal by certain persons or in certain countries. Capital structure strategies: exploiting pricing inefficiencies and information asymmetry. Fixed income strategies: investing in long and short credit positions. 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. We give you the access and tools to invest like a Wall Street money manager at a Main Street price. containing a link to download the .zip file of the CSV file(s) you requested. PPMC may investigate any complaint or reported violation of its policies and take any action that it deems appropriate. 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