Share to: share facebook share twitter share wa share telegram print page

Davidson Kempner Capital Management

Davidson Kempner Capital Management LP
Company typePrivate
IndustryInvestment management firm
FoundedMay 1983; 41 years ago (1983-05)
FounderMarvin H. Davidson
Headquarters520 Madison Avenue, New York, New York[1][2]
Area served
Worldwide
Key people
Anthony A. Yoseloff (Executive Managing Member)
AUMUS$36 billion (2023)[3]
Number of employees
500 (March 2023)[4]
Websitedavidsonkempner.com

Davidson Kempner Capital Management LP (often known by the short form Davidson Kempner) is a global institutional alternative investment management firm with over $36 billion in assets under management.[5][6] Davidson Kempner is headquartered in New York City, with additional offices in London, Hong Kong, Dublin, Philadelphia, Shenzhen and Mumbai.[7][8][9] The firm is led by Anthony A. Yoseloff who serves as Executive Managing Member and Chief Investment Officer.[10]

As of June 30, 2022, Davidson Kempner was ranked as the 8th largest hedge fund in the world.[11]

Davidson Kempner has approximately 500 employees in the firm’s seven offices.[4] The firm is headquartered at 520 Madison Avenue in New York, New York.[5][12]

History

Davidson Kempner was founded in May 1983 by Marvin H. Davidson and was initially named M.H. Davidson & Co.[13] Thomas L. Kempner Jr. joined the firm in December 1984 and was promoted to partner in 1986 and appointed to executive managing member in January 2004.[14] The firm opened to outside capital in 1987 and was registered as an investment adviser with the U.S. Securities and Exchange Commission in 1990.[12][15] Michael J. Leffell joined in 1988 and became Deputy Executive Managing Member, where he co-managed the Distressed Securities investment strategy for 20 years.[16]

Anthony A. Yoseloff joined in August 1999 and became a managing member in January 2004. Yoseloff became co-deputy executive managing member in January 2012, and co-executive managing member with Kempner as of January 1, 2018.[citation needed] Kempner retired at the end of 2019.[17]

Investment strategies

Davidson Kempner employs a bottom-up, fundamental method of investing with an event driven focus and a multi-strategy approach.[13][18]

The firm invests globally in a variety of credit and equity strategies as well as real assets.

Management

Anthony A. Yoseloff is Executive Managing Member and Chief Investment Officer at Davidson Kempner Capital Management.[19][20] Yoseloff serves on the Board of Trustees of Princeton University and is a member of the Board of Directors of PRINCO, the investment manager of the Princeton University endowment. Yoseloff also serves as a member of the Board of Trustees and on the investment committee of The New York Public Library as well as a member of the Board of Trustees and Vice Chair of the investment committee at New York-Presbyterian. He is a member of the Council on Foreign Relations.[19][21][22]

The firm has 13 managing members.[23]

References

  1. ^ "Davidson Kempner Ireland Designated Activity Company". Vision-net. May 12, 2017.
  2. ^ "No-Drama Hedge Fund Davidson Kempner Closes In on $40 Billion". Bloomberg. April 20, 2020.
  3. ^ "Davidson Kempner Capital Management Review". SmartAsset. 30 August 2019.
  4. ^ a b "FORM ADV Davidson Kemner Capital Management" (PDF). U.S. Securities and Exchange Commission. March 31, 2022.
  5. ^ a b Peter Lattman (23 April 2019). "Davidson Kempner Co-Founder Plans to Retire From Hedge Fund". Bloomberg L.P.
  6. ^ Sam Jones (August 7, 2013). "Hedge funds profit from return of M&A". Financial Times.
  7. ^ "Investment Adviser Search Results". SEC.gov. Retrieved February 11, 2014.
  8. ^ "Proposed Additional Investments" (PDF). NJ.gov. Retrieved February 20, 2014.
  9. ^ "Shareholding Disclosures". HKExnews. Retrieved February 19, 2014.
  10. ^ "Thomas Lenox Kempner Jr". Bloomberg L.P. April 22, 2018.
  11. ^ "The largest managers of hedge funds". Pensions & Investments. September 20, 2021.
  12. ^ a b "Company Overview of Davidson Kempner Capital Management LLC People". Bloomberg BusinessWeek. Archived from the original on February 21, 2014. Retrieved February 20, 2014.
  13. ^ a b "Proposed Additional Investments" (PDF). NJ.gov. Retrieved February 20, 2014.
  14. ^ "Top 100 Hedge Funds up 17%, Power past $550B Mark". HedgeTracker.com. June 18, 2012.
  15. ^ "Davidson Kempner offers event-driven strategy". Hedge Fund Intelligence. May 29, 2007.
  16. ^ "Michael J. Leffell". JINSA.org. February 12, 2024.
  17. ^ "Davidson Kempner Co-Founder Plans to Retire From Hedge Fund". Bloomberg L.P. 23 April 2019.
  18. ^ "Company Overview of Davidson Kempner Capital Management LLC Snapshot". Bloomberg BusinessWeek. Archived from the original on February 18, 2011. Retrieved February 20, 2014.
  19. ^ a b "Board of Directors". Princo Careers. Retrieved April 28, 2018.
  20. ^ Burton, Katherine (April 20, 2022), No-Drama Hedge Fund Davidson Kempner Closes In on $40 Billion, Bloomberg
  21. ^ "Judge Robert Katzmann and Anthony Yoseloff Named to the New York Public Library's Board of Trustees". New York Public Library. November 18, 2016.
  22. ^ "The New York Public Library Appoints Geetanjali Gupta as Chief Investment Officer". New York Public Library. January 9, 2018.
  23. ^ "Team: Davidson Kempner". davidsonkempner.com. Retrieved 15 April 2022.
Kembali kehalaman sebelumnya