It was co-founded by Nancy Zimmerman and Gabriel Sunshine. TOWNLEY, WILLIAM, DANFORTH. WebBracebridge Capital, LLC is a leading hedge fund manager with over $12 billion of net assets under management. These specific strategies are detailed in the governing documents of each fund, so you should review those materials or contact the firm for more information. On the advisory boards of several startup and private companies, Chad brings a wealth of experience and expertise to White Pine Systems. You can also go online to the firm's website and send the firm an email directly. The fund focuses on investments in the Ireland as containing a link to download the .zip file of the CSV file(s) you requested. He began his career in the investment industry in 1992. Hedge Fund The firm pursues investment strategies primarily within the global fixed income markets with the objectives of capital preservation and absolute return without significant correlation to equity, interest rate and foreign exchange markets. The third-largest holding is Ambac Finl Group Inc worth $13.9 billion and the next is Clean Earth Acquisitions Cor worth $6.08 billion, with 900,000 shares owned. Bracebridge Capital - Wikipedia All investing involves risk, including loss of principal. [2], Bracebridge Capital was co-founded by Nancy Zimmerman and Gabriel Brendan Sunshine in 1994. The data presented on this page does not represent the view of Bracebridge Capital and its employees or that of Zippia. Phone Email. View Last Form Adv Compilation Report on Record, HTTPS://WWW.LINKEDIN.COM/COMPANY/BRACEBRIDGE-CAPITAL-LLC/, LIMIT THE USE OF MY SENSITIVE PERSONAL INFORMATION, % of top 20 holdings the same as top 20 most commonly held by all managers. Zimmerman owns most of Bracebridge, according to a 2015 filing with the US Securities and Exchange Commission. Bracebridge Capital, LLC (Boston Bracebridge Capital - Hedge Fund You can meet this requirement either on your own or together with your spouse. We managed to miss most of them.. The existence of a fiduciary duty does not prevent the rise of potential conflicts of interest. You are limited to the prior 8 quarters of 13F filings. Funds also incur incentive or performance fees, which are typically higher than management fees and are only taken from a certain amount of gain from each fund. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. Thank you to the Office of the Advocate for Small Business Capital Formation for hosting the 42 nd Annual Small Business Forum and to our panelists for participating. The firm's assets are spread across 13 different pooled investment vehicles, known more commonly as funds. assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents. Bracebridge Capital Land More Interviews | Detailed Bullet Edits | Proven Process, Land More Offers | 1,000+ Mentors | Global Team, Map Your Path | 1,000+ Mentors | Global Team, For Employers | Flat Fee or Commission Available, Build Your CV | Earn Free Courses | Join the WSO Team | Remote/Flex, WSO Free Modeling Series - Now Open Through, +Bonus: Get 27 financial modeling templates in swipe file, 101 Investment Banking Interview Questions. Cities where $1 million lasted the longest ranked the highest in the study. To find out more about the cookies and data we use, please check out our, Dear Reader, please register to read gulfnews.com, Password should have minimum 7 characters with at least one letter and number, Digital All rights reserved. Chad is an experienced technology executive with a diverse background and depth in scalable, high-performance technologies across industries. The employee data is based on information from people who have self-reported their past or current employments at Bracebridge Capital. A few of these funds are hedge funds. GENERAL COUNSEL AND CHIEF COMPLIANCE OFFICER (less than 5%) BRACEBRIDGE CAPITAL II, L.P. Largest female-managed hedge fund globally, "Gabriel Brendan Sunshine - Bracebridge Capital, LLC", "Company Overview of Bracebridge Capital, LLC", "The Secretive Hedge Fund That's Generating Huge Profits for Yale", "2016 America's Self-Made Women: #46 Nancy Zimmerman", "Meet the first Fil-Am elected to Harvard overseers board", "Argentina's Hedge Fund Deal Frustrates Small Bondholders", "Argentina Reaches Deal With Hedge Funds Over Debt", https://en.wikipedia.org/w/index.php?title=Bracebridge_Capital&oldid=1101743571, Financial services companies established in 1994, Creative Commons Attribution-ShareAlike License 3.0, This page was last edited on 1 August 2022, at 15:57. It sold the previously owned 296,572 shares for $2.95 million. or to simply have an email sent to you whenever we receive a new $119 billion and $119 billion respectively. subscription, Dubai shipping firms must submit container rates to DMA, Jumeirah Group plans more European hotel buys, UAE's Eshraq to cross-list on Saudi Tadawul, Fastest growing and declining jobs over next 5 years, UAE: Petrol, diesel prices for May 2023 announced, Work remotely? View latest Form ADV filed Part 2 Brochures. Bracebridge Capital is a hedge fund based in Boston, Massachusetts. Bracebridge Capital - Crunchbase Company Profile & Funding Bracebridge Capital, LLC is a leading hedge fund manager with over $12 billion of net assets under management. We assumed the $1 million would grow at a real return (interest minus inflation) of 2%. Bracebridge Capital Location 888 Boylston St Fl 15, Boston, Massachusetts, 02199, United States Description Read More Industry Finance General Finance Discover more about Bracebridge Capital Recent News About Vicky Zhao SEC / JURISDICTION. Bracebridge trades a wide range of securities and derivatives. The largest investments include Alvotech and Mallinckrodt Plc, together worth $81.7 billion. Bracebridge is a relative-value fixed-income fund that exploits small pricing differences in the credit market and hedges against those bets. There must also be a reasonable assumption that this income trend will continue in the upcoming year. On the other hand, large-cap stocks make up only approximately 0.1% of the portfolio. Also, scroll over any city to learn about the cost of living in retirement for that location. The named firm and its financial professionals have not reviewed, approved, or endorsed this review and are not responsible for its accuracy. HighVista Strategies. [2]: Im very proud of the people who come to work here, she said. WebBracebridge Capital, LLC is a leading hedge fund manager with over $12 billion of net assets under management. They had one employee. All information is accurate as of the writing of this article. Bracebridge Capital Bracebridge Capital Executives Updated November 18, 2022 Zippia gives an in-depth look into the details of Bracebridge Capital, including salaries, political Bracebridge Capital is a leading hedge fund manager that pursues investment strategies primarily within the global fixed income markets. The job you are looking for is no longer open. Prior to joining the firm, he was Chief Technology Officer (CTO) and Chief Information Security Officer at Bracebridge Capital. Bracebridge Capitals portfolio is diversified across 2 sectors. Chad is an internationally published author, speaker, and innovator. The largest investments include The funds 2 per cent gain last year eclipsed the industry, which was up 0.6 per cent on average, according to data compiled by Bloomberg. Stocks with a size of more than $100 million in market cap make up Established in 1994, Bracebridge has a record of strong growth and solid investment performance. The firm pursues investment strategies primarily within the global fixed income markets with the objectives of capital preservation and absolute return without significant correlation to equity, interest rate and foreign exchange markets. For over 20 years we have pursued investment strategies that seek absolute returns largely uncorrelated with broad moves in equities, currencies and rates. Bracebridge manages assets for a diverse, sophisticated, global investor base that includes endowments, foundations, pensions, and high net worth individuals. We then applied cost of living data from the Council for Community and Economic Research to adjust those national average spending levels based on the costs of each expense category (housing, food, healthcare, utilities, transportation and other) in each city. The fund had a 10% annual return from 1994 to 2016. There are currently 15 companies in Mr. Jr.s portfolio. Methodology We analyzed data on average expenditures for seniors, cost of living and investment returns to determine how many years of retirement a $1 million nest egg would cover in cities across America. When it comes to its investment philosophies, the firm manages each of its funds according to different strategies. Alt Turnover is calculated by taking either the total MV of new purchases or Bracebridge Capital does not have any disclosures listed on its Form ADV. subscription, ePaper Review content is produced by SmartAsset independently of any business relationships that might exist between SmartAsset and the named firm and its financial professionals, and firms and financial professionals having business relationships with SmartAsset receive no special treatment or consideration in SmartAssets reviews. [4] Initially, it received $50 million from Tom Steyer's Farallon Capital and David F. Swensen, who runs Yale University's endowment. WebBracebridge Capital, LLC is a top-tier hedge fund managing over $9 billion in investments for a wide array of sophisticated clients. Bracebridge Capital, LLC is a large fund manager headquartered in Boston, Massachusetts. Bracebridge was founded byNancy Zimmerman and Gabriel Sunshine in 1994. Nancy Zimmermans Bracebridge Capital has gone from $5.8 billion in assets four years ago to $10.3 billion today with a return of about 10 per cent a year since its to see more advanced email alert options such as selecting any type of The two most similar investment funds to Bracebridge Capital are Jcp Investment Management and Buttonwood Advisors. On the other hand, there are companies that Bracebridge Capital is getting rid of from its portfolio. SmartAsset makes things easier for you with a number of free online resources designed to help you invest with confidence. Though her roots are in the Midwest, shes a Bostonian now, relishing Red Sox games and working behind the scenes for a number of the citys philanthropies. SEC form, multiple filers or classes of filers, and much more.***. In 1996, the entity now officially known as Bracebridge replaced the original founding entity, and the firm has been in business ever since, registering with the U.S. Securities and Exchange Commission (SEC) in 2012. After losing 18 per cent in the global financial crisis, it posted a 35 per cent gain. Bracebridge Capital Both on your website and other media. Long-Term Capital Management, a highly leveraged hedge fund run by John Meriwether, pursued a similar investment approach. AlphaSimplex is an affiliate of Virtus Investment Partners, Inc. It primarily aims to preserve capital and We deliver exceptional results for our clients, through our hands-on, partner-led approach. Mallinckrodt Plc and bought 2,033,257 shares worth $15.8 billion. When it comes to specific investments, the firm focuses on fixed-income securities and derivatives relating to those securities. Language links are at the top of the page across from the title. This article related to Boston is a stub. Corzine said he remembers Zimmerman as a brilliant trader who attracted the brightest of co-workers. Bracebridge Capital provides portfolio management for pooled investment vehicles. First, we looked at data from the Bureau of Labor Statistics (BLS) on the average annual expenditures of seniors. As of 3rd February 2023, Bracebridge Capitals top holding is 6,595,065 shares of Alvotech currently worth over $66 billion and making up 55.6% of the portfolio value. or Want to Sign up with your social account? , whose value fell approximately 0.1% in the past six months, Clean Earth Acquisitions Cor worth $6.08 billion, with 900,000 shares owned, Stocks and cryptocurrency portfolio tracker. [4] It also had more than 100 employees by February 2016. for Q4 2022: commodity pool operator or commodity trading advisor, Percentage of assets under management,Performance-based fees, MEMBER, CHIEF FINANCIAL OFFICER AND CHIEF OPERATING OFFICER. These countries have visas for you, After UAE-India CEPA, dirham-rupee trade next big thing, Fed may hike rates again despite signs of slow growth. You can alsobe considered an accredited investor if your net worth is at least $1 million, after subtracting the value of your primary residence. email address below and choose 'Submit'. Download 13F Summary The average market cap of the portfolio companies is close to $82 million. The entrepreneurial and collaborative culture at Bracebridge rewards and supports motivated, dedicated, enthusiastic and intellectually curious individuals. Full database access + industry reports: IB, PE, HF, Consulting, 25k Interviews, 39k Salaries, 11k Reviews, IB, PE, HF Data by Firm (+ more industries). Bracebridge Capital Review | SmartAsset.com Want to learn more about the hedge funds Bracebridge Capital manages? Bracebridge Capital charges management fees to its funds based on a percentage of the market value of each fund's assets under management. In this review, we explore the firm's There are currently 16 companies in Mr. Jr.s portfolio. Bracebridge Capital is part of the Finance industry, and located in Massachusetts, United States. As Chief of Quantitative Technologies of AlphaSimplex, Mr. Cook manages the firms technology platforms with respect to portfolio management, investment research, operations, and trading. Zoom between states and the national map to see the top spots in each region. We do not manage client funds or hold custody of assets, we help users connect with relevant financial advisors. It also made $1.5 billion from the Argentine debt restructuring. After cutting ties with Farallon and changing its name, Bracebridge ended 1999 with $600 million under management. Bracebridge Capital The Overall Ranking is a score from 1 star (very bad) to 5 stars (excellent) generated based on the Company Reviews of current and former employees at this company, taking everything into account. The firm pursues investment strategies primarily within the [4] Later, Andrew K. Golden, the manager of Princeton University's endowment, also became a major investor in Bracebridge Capital. She stayed with them for three years after graduation, on the raucous floor of the Chicago Mercantile Exchange. The majority of the companies in the funds portfolio are small-cap stocks. Nancy Zimmermans Bracebridge Capital has gone from $5.8 billion in assets four years ago to $10.3 billion today with a return of about 10 per cent a year since its inception. Sunshine owns a 5% stake in Bracebridge as of 2017. Our firm's casual and supportive environment allows you to learn about the financial markets from some of the best and brightest in our industry. BRACEBRIDGE CAPITAL, These cookies are used to improve your experience and provide more personalized service to you. Bracebridge IAPD - Investment Adviser Public Disclosure - Homepage Steyer cashed out after the Russia episode, but Swensen stuck with Bracebridge. Nick Rhodes has been working as a Systems Engineer at Bracebridge Capital for 7 years. WebBracebridge Capital, LLC is a leading hedge fund manager with approximately $12 billion of net assets under management. [8][9] Its chief operating officer is John Spinney. Bracebridge Capital is a hedge fund based in Boston, Massachusetts. It was co-founded by Nancy Zimmerman and Gabriel Sunshine. It manages funds from the endowments of Yale University and Princeton University. It also made $1.5 billion from the Argentine debt restructuring. Zimmerman, who survived a 1990s scandal involving Russia, her husband and Harvard University, is so successful at avoiding the limelight that Leda Bragas $9.5 billion Systematica Investments Ltd is often cited as the top woman-led firm by assets. At a high level, Bracebridge Capital's goal is to take advantage of inefficiencies in financial markets around the world. Performance Christina Rhodes. Sources: Bureau of Labor Statistics (BLS), Council for Community and Economic Research. Bracebridge Capital While attending Brown University in Providence, Rhode Island, she worked summers at OConnor & Associates, a Chicago derivatives-trading firm. Ackmans Pershing Square Holdings, the publicly traded part of his activist hedge fund, lost 20.5 per cent last year, hurt in part by a drop in the shares of drugmaker Valeant Pharmaceuticals International Inc Einhorns Greenlight Capital suffered the second losing year in its history, with its main fund falling 20.4 per cent due to wrong-way stock picks. HTTP://WWW.BRACEBRIDGECAPITAL.COM/ Bracebridge Capital's largest holding is iShares New York Muni Bond ETF- with shares held of 89,000. The secretive hedge fund thats generating huge profits Shes employing this leveraged strategy to exploit pricing differentials in the fixed-income world with an obsessive focus on risk, Swensen said in an interview. Bracebridge Capital, LLC is a leading hedge fund manager with over $12 billion of net assets under management. WebBRACEBRIDGE CAPITAL, LLC ( CRD # 158343/SEC#:801-73416 ) BBLAM, LLC (RELYING ADVISER), BRACEBRIDGE CAPITAL, LLC. This is not an offer to buy or sell any security or interest. Established in 1994, Bracebridge manages private investment funds that serve endowments, foundations, pension funds and other institutional and high-net-worth investors. The Overall Ranking is generated based on the Company Reviews. [1]: We believe our firms greatest asset is the people who work here. Its split between her and Sunshine and their partners, Zimmerman said, declining to be more specific. Their last reported 13F filing for Q4 2022 included $1,070,890,279 in managed 13F securities American democracy is broken, Six siblings and a driver dead in Saudi accident. Management fees at Bracebridge tend to range from 1% to 2%, and incentive feesusually fluctuatefrom 15% to 25%. The Bracebridge Capital office and employees reside in Boston, Massachusetts. That surpassed the 25.8 per cent return on the HFRI Relative Value index. [4] By 2012, it had $5.8 billion of assets under management. We value the innovative, entrepreneurial and collaborative culture built here over two decades. Currently, Bracebridge Capital's portfolio is worth at least $119 billion. Approximately 80 employees operate from our office located in Boston's historic Back Bay. It manages $26.59 billion of regulatory assets for 12 client accounts. Bracebridge Capital is an investment fund managing more than $119 billion ran by John Jr.. This section is about Living in UAE and essential information you cannot live without. WebInsurance. ATM 2023: Are Dubai hotels entering a 'golden age'? These positions were updated on February 10th based on the funds latest 13F filing. Subscribe to WhaleWisdom to view all filing data The firm has a team of 63 financial professionals who help manageover $37.3 billion in client assets. Bracebridge Capital is a hedge fund with 12 clients and discretionary assets under management (AUM) of $48,750,179,780 (Form ADV from 2023-01-30). Bracebridge lost about 26 per cent, making it the worst year in its history. SmartAsset's interactive map highlights places where $1 million will last the longest in retirement. Simply put, as a company gets more reviews, the confidence of a "true score" increases so it is pulled closer to its simple average and away from the average of the entire dataset. Bracebridge Capital, LLC is a leading hedge fund manager with over $12 billion of net assets under management. Bracebridge has had only eight losing months since 2009. In 1998, after Russia stiffed lenders including LTCM, the fund failed and was bailed out by its Wall Street competitors. A financial advisor can help you get your ducks in a row. All Rights Reserved. Privacy Policy. 6,595,065 shares of Alvotech currently worth over $66 billion and making up 55.6% of the portfolio value. 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. Bracebridge Capital. Chad L. Cook - AlphaSimplex Fund of Funds. Sunshine is a Harvard graduate, class of 1991, and the husband of Geraldine Acua-Sunshine,[6] the co-chair of the Harvard College Fund,[7] who is also senior counsel to Bracebridge Capital. [1] It manages funds from the endowments of Yale University and Princeton University. This will schedule a job to export all requested 13f holdings data for this filer. REGISTRATION STATUS. The demise of LTCM hit other hedge funds, including Bracebridge, which held some of the same assets. Track performance, allocation, dividends, and risks, Annotate, download XLSX & look up similar tables, Filter, compare, and track coins & tokens. It primarily aims to preserve capital and generate absolute return without significant correlation to equity, interest rate, and foreign exchange markets. 13F filing from BRACEBRIDGE CAPITAL, LLC, enter your We give you the access and tools to invest like a Wall Street money manager at a Main Street price. Bracebridge Capital Fund Manager Profile | Preqin and Capital BRACEBRIDGE CAPITAL, LLC Compilation done on 2022-08-09 Item 1 Identifying Information A. Headquarters Regions Greater Boston Area, East Coast, New England.
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