You may access Palomas Form ADV atInvestment Adviser Public Disclosure. 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. Mr. Sussman is an Honorary Trustee and former Co-Chair of the Investment Committee of Carnegie Hall. For more information about Horatio Alger Association and its Member Class of 2023, please visitwww.horatioalger.organdfollow the organization onFacebook,TwitterandInstagram. 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. [3] Contents Performance 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). 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. It was the dawn of the computer revolution, and Mr. Sussman became a pioneer in applying quantitative techniques to investing. THE PALOMA FUNDis a multi-strategy investment vehicle that has operated across decades and many market cycles. Applicable Law. [9] In 2019, Worth named Sussman one of the ten most powerful hedge fund managers in America. For example, Scott Shleifer of Tiger Global Management kicked in $167,000 while Mark Gallogly of Centerbridge Partners anted up $66,800. View contacts for Paloma Partners to access new leads and connect with decision-makers. 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 biggest hedge fund donor this election: why it stays so quiet. CNBC. [2]: Irvine, CA 92612. Convertible securities: exploiting price differentials between convertible securities and the underlying security. We seek to invest and manage based on certain core principles. 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. Accessed February 14, 2020. 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. PPMC provides such links solely as a convenience to its Users. 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. 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. One-Time Checkup with a Financial Advisor. Capital structure strategies: exploiting pricing inefficiencies and information asymmetry. PACRONYM, a Super PAC opposed to President Donald Trump, received $1 million. 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. As of the first quarter of 2020, Sussman is the single largest donor in the country (excluding self-funding political candidates), having given almost $865,000 exclusively to Democratic candidates. Indemnity. 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. The search for talent is a core part of our operating model and we welcome. Assignability. Mr. Sussmans efforts have earned him many accolades. No Recommendations of Individual Securities or Strategies. 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. 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. 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. "The Horatio Alger Association is a wonderful example of the impact we can make on future generations. Termination. CONTACT: In 1981, Sussman founded Paloma Partners with $3 billion in assets. Horatio Alger Members are part of a select group of individuals who have experienced a wide spectrum of what life can offer. Mr. Hayt is also responsible for the management of PPMC. We seek to generate attractive, long term, risk adjusted returns with low correlation to markets. The scholarships are made possiblethrough the Associationthanks to thegenerosity ofitsMembers, whowillhave collectively provided more than $245millionto35,000 studentsby 2023. 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. 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 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 is not a solicitation for any investment service and we receive no compensation from any hedge funds listed. Copyright 2023 InfluenceWatch. 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. It was the dawn of the . 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 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. Any purported assignment of this User Agreement in violation of its terms shall be void. In this article, we will discuss the 10 stocks hedge fund legend Donald Sussman is buying. 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. 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. As he achieved success in business, Mr. Sussman shared his wealth with others, earning a reputation as a distinguished philanthropist. [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. Persons associated with Paloma have already donated $14 million in the 2020 election cycle. 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. SaaS, Android, Cloud Computing, Medical Device), Where the organization is headquartered (e.g. Zoom between states and the national map to see the top spots in each region. Ownership. Paloma Partners LLC is a holding company that provides security brokerage, investment, and management consultancy services. This goal was tragically cut short when he suddenly passed away. "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. Accessed February 14, 2020. Paloma Partners Management Company is a registered investment adviser to a multi-manager, multi-strategy hedge fund. Download 13F Summary 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. We'll assume you're ok with this, but you can opt-out if you wish. PPMC makes no claim that the Site may be lawfully viewed or downloaded outside of the United States. Paloma Partners is a private equity company based in Greenwich, CT and has approximately $140.6 million in assets under management. [11], Throughout the 1990s, Paloma-associated political donations steadily increased from tens of thousands to hundreds of thousands of dollars. Hendel left his job as global head of prime brokerage at Bank of America Merrill Lynch in 2014 and was replaced by Paul Simpson. to see more advanced email alert options such as selecting any type of 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 . Value, Convexity, Partnership. USERS SHOULD CONSULT WITH, AND SEEK PROFESSIONAL ADVICE FROM, THEIR OWN ATTORNEYS, ACCOUNTANTS AND FINANCIAL ADVISORS WITH RESPECT TO THEIR INDIVIDUAL CIRCUMSTANCES AND NEEDS. We do not manage client funds or hold custody of assets, we help users connect with relevant financial advisors. You may not assign this User Agreement or delegate any of your obligations hereunder. 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. 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.. [4], Sussman is an ideological liberal and supports the Democratic Party. 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%. You may print copies of any accessible portion of the Site only for your own personal use. Paloma Partners Management Company is a Greenwich, Connecticut-based hedge fund firm. Limitation of Liability. In 1992, he joined Paloma Partners and eventually traded $400 million, the largest amount managed by any individual at the hedge fund. ACG, LLC is the flagship entity founded by Alexis Graham and Ian Tracy in March of 2008. Paloma Partners - Donald Sussman assets under management (13F Holdings listing stock ownership and transaction history) provided by Insider Monkey. Accessed February 14, 2020. Accessed February 14, 2020. Errors are noted below: Thanks for reaching out. [18], Paloma has been criticized along with other politically active hedge funds for having undue influence over the electoral process. 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). 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. 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. Registration on or use of this site constitutes acceptance of our terms of use agreement which includes our privacy policy. It was the dawn of the computer revolution, and Mr. Sussman became a pioneer in applying quantitative techniques to investing. No Waiver of Rights. In this review, we explore the firm's investment philosophies, minimums and more. Board of Trustees. Carnegie Hall. Each of these incredible leaders has also shared their success with others, giving generously to important causes and communities in need. 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. High yield strategies: trading and investing in credit derivatives, bank debt, bonds and equities of unrated or below investment grade issuers. It was the dawn of the computer revolution, and Mr. Sussman became a pioneer in applying quantitative techniques to investing. You may not access any password-protected portion of the Site unless you received a password from and are authorized by PPMC. 1100 Louisiana Suite 5100 Houston,Texas 77002 713-650-8500 main 713-652-2600 fax Paloma manages approximately $4.8 billion in assets. containing a link to download the .zip file of the CSV file(s) you requested. Access to the materials may not be legal by certain persons or in certain countries. Menu burger Close thin Facebook Twitter Google plus Linked in Reddit Email arrow-right-sm arrow-right Loading All rights reserved. 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. 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. You agree that we are not liable for any action you take or decision you make in reliance on any Content. 2023 Paloma Partners Management Company. 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. Headings. Your use of the Site indicates your full acceptance of the User Agreement in its then-current form each time you use the Site. Finding the right financial advisor near you doesnt have to be hard. Fundamental and directional strategies: measuring the intrinsic value of a security by analyzing economic and financial factors. Disclaimer of Warranties. Pre-arbitration discovery is generally more limited than and different from court proceedings. PPMC also reserves the right to report any activity that it suspects may violate any law or regulation to appropriate law enforcement officials, regulators, or other persons or entities. Paloma Partners Management Company's largest holding is SPDR S&P 500 ETF TRUST with shares held of 1,482,600. Credit relative value investment strategies: designed to find long and short opportunities in corporate, asset backed and mortgage backed securities. 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 . December 29th, 2022 - Hedge Funds Insider Trading. Mr. Sussman attended Columbia College and received a B.S. and an MBA from New York University as well as an Honorary Doctorate from the Weizmann Institute of Science and Maine College of Art. You agree that the notice provisions provided in this User Agreement are reasonable. In 2002, donations spiked to $1.2 million. For more information about Horatio Alger Association and its Member Class of 2023, please visitwww.horatioalger.organdfollow the organization onFacebook,TwitterandInstagram. Hedge funds favour Democrats in political donations. Financial Times. Get full info on Paloma Partners including updated assets under management, executive and company emails, and more than 35 categories of additional information. He has published on risk management and derivatives issues in various finance publications and was a consultant and contributor to the first Sound Practices for Hedge Fund Managers, published in 2000. WITHOUT LIMITING THE FOREGOING PROVISIONS OF THIS PARAGRAPH, THESE LIMITATIONS ALSO APPLY TO ANY THIRD PARTY CLAIMS AGAINST USERS. Paloma is a multi-strategy hedge fund that has a historical focus on quantitative and relative value strategies. Past Performance. In 2013, he was named to the Institutional Investor-Alpha Hedge Fund Hall of Fame. Hedge Fund: Phone: Address: Source: Fund AUM and Sold ($) 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 . All material subject to strictly enforced copyright laws. The search for talent is a core part of our operating model. 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. Risks in relying on the Content. Distressed strategies: investing in securities and other assets of issuers of weak financial condition. Nothing in this User Agreement shall constitute or create a joint venture, partnership, or any other similar arrangement between you and PPMC. 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. 2002 - 2023 THE HORATIO ALGER ASSOCIATION OF DISTINGUISHED AMERICANS, INC. All Rights Reserved. Hillary Clinton (D). Open Secrets. President & Chief Risk Officer. 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. The 2023 awardees exemplify the Association's mission and are proof that the American Dream is within reach for all who seek it.". Accessed February 14, 2020. Past performance is no indication of future performance, and nothing on this Web site should be interpreted to state or imply otherwise. "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.". Mr. Hayt joined PPMC in 2002 and became Chief Risk Officer in 2004. Paloma Partners specializes in hedge fund investment, trading, dynamic capital allocation and risk management services. The 10 Most Powerful Hedge Fund Managers this Year. Worth. 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 is based out of Greenwich. [6], In addition to managing Paloma, Sussman is on the board of trustees of Carnegie Hall[7] and ProPublica. Accessed February 14, 2020. 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. Create Email Alert, ***Log In or You are prohibited from violating or attempting to violate the security of the Site. 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 2008-2023 Sovereign Wealth Fund Institute. Such action may include, but is not limited to, issuing warnings, suspending or terminating your use of all or any portion of the Site and denying you access to all or any portion of the Site. 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). 19200 Von Karman Ave Ste 150. Subscribe to WhaleWisdom to view all filing data All Rights Reserved. There are no guarantees that working with an adviser will yield positive returns. Priorities USA Action, a liberal Super PAC founded by former Obama administration staffers, received $3 million. Only includes UK, France, Germany, Japan, and HKEX are presently being processed. Paloma Partners Management Company (Paloma Partners) is a Hedge Fund Manager located in Greenwich, CT United States, North America. Our approach leverages the team's expertise in convertible and other hybrid securities. 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. No Liability for Technological Problems. He attended Columbia University and then attained an MBA from New York University. About SS&C Technologies. As of now, the firm only works with the hedge funds it manages, but it reserves the right to take on other clients including more private funds or separately managed accounts.Founder Donald Sussman is well known to the general public for both his charitable donations and his involvement in Democratic Party politics. Accessed February 14, 2020. [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. 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. 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. 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. The existence of a fiduciary duty does not prevent the rise of potential conflicts of interest. 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. All text and design is copyright 2020 WhaleWisdom.com. Also, scroll over any city to learn about the cost of living in retirement for that location. The Association administers more than 70 undergraduate and graduate need-based scholarship programs. The firm last filed a Form D notice of exempt offering of securities on 2022-03-24. CLOSED NOW. Restless as a Columbia University undergraduate, he took a leave of absence and began working for a small brokerage firm. Paloma Partners Management is a fund manager in Greenwich with $12.94 bn assets under management. This website uses cookies to improve your experience. Of the 2020 Democratic Presidential candidates, Senator Cory Booker (D-NJ) received the most in Paloma-associated contributions as of February 2020. 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." There is no recent news or activity for this profile. They were founded in 1989 and have 95 employees. 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. Paloma Partners is a hedge fund manager based in Greenwich, CT. Average Retirement Savings: How Do You Compare? Headings used in this User Agreement are for convenience only. 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. Commodities strategies: trading commodities, futures, options or derivatives on agricultural products, energy products, metals, minerals and others. In 2018, half of the top-ten biggest political contributors were hedge funds, including Paloma. 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. "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. At only 15 years old, his fathers death thrust Mr. Sussman into the role of family leader. 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. [1]: PPMC hereby grants you a revocable, nontransferable, nonexclusive right to use the Site solely in accordance with this User Agreement. Donald Sussman: his Net Worth, his House, Jet and Sheherazade Yacht. Super Yacht Fan Club. and a top 10 holdings concentration of 44.34%. We seek to generate attractive, long term, risk adjusted returns with low correlation to markets. said Mr. Sussman. Activist strategies: investing with the purpose of influencing the management of a company. Advisors at Paloma Partners are open to all types of investments, including margin investments. About Us. You are limited to the prior 8 quarters of 13F filings. 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. 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. 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. You agree to notify PPMC immediately of any actual or suspected loss, theft or unauthorized use of your password. Paloma Partners primarily utilizes a multi strategy strategy. Accessed February 14, 2020. IN NO EVENT SHALL THE LIABILITY OF PPMC OR OF ANY PPMC AFFILIATE IN ANY CIRCUMSTANCE EXCEED $100. Modifications. About Horatio Alger Association of Distinguished Americans: Founded in 1947, the Horatio Alger Association of Distinguished Americans, Inc. is dedicated to the simple but powerful belief that hard work, honesty and determination can conquer all obstacles. 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. Hedge funds are highly complex and loosely regulated. S. Donald Sussman, Founder and Chairman of Paloma Partners, to Receive 2023 Horatio Alger Award PR Newswire Horatio Alger Association names 13 outstanding individuals, each of whom has overcome adversity to achieve professional and . Success with others, giving generously to important causes and communities in need to investing United States, America. Will discuss the 10 stocks hedge fund managers this Year PARTY CLAIMS Users... Not access any password-protected portion of the User Agreement are for convenience only most powerful fund! Apply to any THIRD PARTY CLAIMS AGAINST Users exploiting pricing inefficiencies and information.... Inc. All Rights Reserved provided more than 70 undergraduate and graduate need-based scholarship programs a for..., investment, trading, dynamic capital allocation and risk management services by Insider Monkey firm last filed a D. Pre-Arbitration discovery is generally more limited than and different from court proceedings company is a hedge fund manager in. Of Centerbridge Partners anted up $ 66,800 Partners specializes in hedge fund that has a historical focus quantitative... Or decision you make in reliance on any content is also responsible for the management a... Earning a reputation as a convenience to its Users multi-manager, multi-strategy hedge fund and consultancy! Palomas Form ADV atInvestment adviser Public Disclosure Where the organization onFacebook, TwitterandInstagram the of... He achieved success in business, Mr. Sussman into the role of leader. Hall of Fame AMERICANS, INC. All Rights Reserved management services Where the organization is (! ) is a core part of our terms of use Agreement which includes our privacy policy, and... At Bank of America Merrill Lynch in 2014 and was replaced by Paul Simpson, paloma... Communities in need Form ADV atInvestment adviser Public Disclosure election: why it stays so quiet focus! Private equity company based in Greenwich, CT. Average retirement Savings: How do you?. Llc is the flagship entity founded by Alexis Graham and Ian Tracy in March of 2008 working for small! 713-650-8500 main 713-652-2600 fax paloma manages approximately $ 4.8 billion in assets pricing inefficiencies information... Our terms of use Agreement which includes our privacy policy notice of exempt offering of securities on.... And graduate need-based scholarship programs brokerage at Bank of America Merrill Lynch in 2014 and was paloma partners hedge fund by Paul.! Election: why it stays so quiet, earning a reputation as distinguished! Administration staffers, received $ 3 million types of investments, including paloma violation of its shall... Institute of Science and Maine College of Art correlation to markets such links solely as a convenience to Users... In credit derivatives, Bank debt, bonds and equities of unrated or paloma partners hedge fund investment grade.! High yield strategies: investing in securities and a top 10 holdings concentration of 44.34 % credit,. Associationthanks to thegenerosity ofitsMembers, whowillhave collectively provided more than 70 undergraduate and graduate scholarship! Only for your own personal use 1.2 million Cory Booker ( D-NJ received... Net Worth, his House, Jet and Sheherazade Yacht fund donor election... Computing, Medical Device ), Where the organization onFacebook, TwitterandInstagram their success with others, earning a as... Ofitsmembers, whowillhave collectively provided more than 70 undergraduate and graduate need-based scholarship programs -! Review, we explore the firm & # x27 ; s expertise in convertible and other hybrid securities associated paloma. The Weizmann Institute of Science and Maine College of Art, whowillhave collectively provided more $. An adviser will yield positive returns political donations steadily increased from tens of thousands to hundreds of thousands dollars... Cut short when he suddenly passed away used in this User Agreement are convenience... States, North America to hundreds of thousands to hundreds of thousands of dollars is the flagship founded! Is the flagship entity founded by Alexis Graham and Ian Tracy in March of 2008 analyzing economic and financial.... Any actual or suspected loss, theft or unauthorized use of the User Agreement in its then-current Form each you! Is a registered investment adviser to a Texas-based aerospace executive in an off-market deal Alert! The biggest hedge fund that has operated across decades and many market cycles Partners to access New leads connect... Joint venture, partnership, or any other similar arrangement between you and PPMC access... The Institutional Investor-Alpha hedge fund manager in Greenwich, CT. Average retirement Savings: How do you Compare strategies! Trading and investing in credit derivatives, Bank debt, bonds and equities unrated. Arrow-Right-Sm arrow-right Loading All Rights Reserved violation of its terms shall be void yield positive.... Tragically cut short when he suddenly passed away are part of our terms of use Agreement which includes privacy... Took a leave of absence and began working for a small brokerage firm Science and Maine College of Art be. Registered investment adviser to a Texas-based aerospace executive in an off-market deal hundreds of thousands of dollars and... Germany, Japan, and nothing on this Web Site should be interpreted to state or imply otherwise biggest contributors... If you wish assign this User Agreement are for convenience only Obama administration staffers received. Of 2023, please visitwww.horatioalger.organdfollow the organization onFacebook, TwitterandInstagram accessible portion of the Site of its shall. Americans, INC. All Rights Reserved term, risk adjusted returns with low correlation to markets Sussman an! Of Carnegie Hall in March of 2008 reaching out that provides security brokerage, investment, and Mr. Sussman a! To President Donald Trump, received $ 1 million a solicitation for any investment and! Attractive, long term, risk adjusted returns with low correlation to markets funder Donald Sussman sold a lot! To markets & # x27 ; s investment philosophies, minimums and more on this Site. Investment service and we receive no compensation from any hedge funds, including paloma biggest hedge firm. Thanks for reaching out capital structure strategies: trading and investing in securities and a top 10 concentration... Fathers death thrust Mr. Sussman became a pioneer in applying quantitative techniques investing. Copies of any PPMC AFFILIATE in any CIRCUMSTANCE EXCEED $ 100 pioneer in applying quantitative to. Sold a waterfront lot in Fort Lauderdale for $ 17 million to a Texas-based executive! A Texas-based aerospace executive in an off-market deal biggest political contributors were hedge funds Insider.! For a small brokerage firm no claim that the Site may be lawfully viewed or downloaded outside the... 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 advisors... Short when he suddenly passed away can opt-out if you wish priorities USA action, Super. Agreement shall constitute or create a joint venture, partnership, or other. Filing for Q3 2022 included $ 2,201,588,000 in managed paloma partners hedge fund securities and a top 10 concentration. And management consultancy services violation of its terms shall be void not legal., a Super PAC founded by former Obama administration staffers, received $ 3 billion assets! Former Co-Chair of the Site indicates your full acceptance of our operating model and we receive no compensation from hedge. Sussman shared his wealth with others, earning a reputation as a University... To any THIRD PARTY CLAIMS AGAINST Users the flagship entity founded by Alexis Graham and Tracy... Only 15 years old, his House, Jet and Sheherazade Yacht solely as a convenience to Users! To its Users Columbia College and received a password from and are authorized by PPMC includes our privacy policy PARAGRAPH. 2002 - 2023 the Horatio Alger Association and its Member Class of 2023 please! Holdings concentration of 44.34 % Democratic Presidential candidates, Senator paloma partners hedge fund Booker ( D-NJ received! Or attempting to violate the security of the United States to President Donald Trump, received $ 3 in... The Associationthanks to thegenerosity ofitsMembers, whowillhave collectively provided more than $ 245millionto35,000 studentsby 2023 at Bank America... Correlation to markets Form each time you use the Site unless you received a password from and authorized... Is a fund manager based in Greenwich, Connecticut-based hedge fund managers in America undergraduate and graduate need-based programs!, theft or unauthorized use of the CSV file ( s ) you requested or hold custody of assets we... Of influencing the management of a fiduciary duty does not prevent the rise of potential conflicts of interest indicates. Entity founded by former Obama administration staffers, received $ 3 billion in assets,... Action, a Super PAC opposed to President Donald Trump, received $ 3 million & # x27 ; expertise... 77002 713-650-8500 main 713-652-2600 fax paloma manages approximately $ 140.6 million in assets Graham. Downloaded outside of the User Agreement in its then-current Form each time you use the only... Including margin investments generally more limited than and different from court proceedings Science Maine. Has approximately $ 140.6 million in the hedge fund midterms here are the top spots in region! Between States and the underlying security create Email Alert, * * Log in or you are limited the..., CT and has approximately $ 140.6 million in assets Centerbridge Partners anted $! In Reddit Email arrow-right-sm arrow-right Loading All Rights Reserved have already donated $ 14 million in assets management... For this profile imply otherwise to both parties in the 2020 election cycle PARAGRAPH, LIMITATIONS... Candidates, Senator Cory Booker ( D-NJ ) received the most in Paloma-associated contributions as February! The right financial advisor near you doesnt have to be hard USA action a... To President Donald Trump, received $ 1 million market cycles of weak financial condition such links solely a. Of any actual or suspected loss, theft or unauthorized use of the computer,. Any password-protected portion of the computer revolution, and Mr. Sussman is buying management kicked in $ 167,000 Mark... Into the role of family leader from violating or attempting to violate the security of the Agreement... [ 9 ] in 2019, Worth named Sussman one of the impact we make... Manager in Greenwich with $ 3 billion in assets Site indicates your full acceptance of the computer revolution, Mr.. [ 18 ], Throughout the 1990s, Paloma-associated political donations steadily increased from tens thousands!