bracebridge capital strategy

Hedge Fund Bracebridge Capital is an investment fund managing more than $119 billion ran by John Jr.. Bracebridge Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling. He has also held the CTO role at Lime Brokerage and startup technology companies. Whether you've been investing for10 years or 10 minutes, it pays to be on top of your game. Bracebridge Capital - Crunchbase Company Profile & Funding 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. Zimmermans company paid $1.5 million to resolve civil claims that it improperly used resources and staff from the government-funded project. Create Email Alert, ***Log In or He has a long and successful track record of building high-quality engineering teams, setting strategy, and creating vision, all while executing and delivering high-quality technology products. Swensen, who runs Yale Universitys $25.6 billion endowment, and Thomas Steyer of Farallon Capital Management originally staked Zimmerman in 1994 with about $50 million. Founded Date Jun 1, 1994. Using this data, SmartAsset calculated the average cost of living for retirees in the largest U.S. cities. 2023 AlphaSimplex Group, LLC. It manages funds from the endowments of Yale University and Princeton University. Register to read and get full access to gulfnews.com, By clicking below to sign up, you're agreeing to our This is the Bracebridge Capital company profile. [1] It manages funds from the endowments of Yale University and Princeton University. You can manage them any time by clicking on the notification icon. IAPD - Investment Adviser Public Disclosure - Homepage Boston: In a year when titans Bill Ackman and David Einhorn each lost more than 20 per cent for their investors, David Swensens bet on a little-known hedge fund kept making him money. The firm pursues investment strategies primarily within the The firm pursues investment strategies primarily within the AlphaSimplex is registered with the Securities and Exchange Commission as an investment adviser and with the Commodity Futures Trading Commission as a commodity pool operator and commodity trading advisor. Bracebridge Capital is part of the Finance industry, and located in Massachusetts, United States. 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. Im very proud of the people who come to work here, she said. Headquarters Regions Greater Boston Area, East Coast, New England. Investment Advisor Chad spent the last 9 years in the financial and electronic trading sector, having served as CTO for Lime Brokerage LLC, where he was voted one of the Top 21 CTOs in Electronic Trading, 2013. Bracebridge manages assets for a sophisticated, global investor base, including endowments, foundations, pensions, and high net worth individuals. In addition, the fund holds 2,033,257 shares of Mallinckrodt Plc worth $15.8 billion, whose value fell approximately 0.1% in the past six months. Mallinckrodt Plc and bought 2,033,257 shares worth $15.8 billion. There must also be a reasonable assumption that this income trend will continue in the upcoming year. The data presented on this page does not represent the view of Bracebridge Capital and its employees or that of Zippia. We do not manage client funds or hold custody of assets, we help users connect with relevant financial advisors. On the advisory boards of several startup and private companies, Chad brings a wealth of experience and expertise to White Pine Systems. Bracebridge was founded byNancy Zimmerman and Gabriel Sunshine in 1994. Our core team of investment professionals approaches the markets with a diverse set of skills and from a variety of educational and professional backgrounds. Bracebridge lost about 26 per cent, making it the worst year in its history. Bracebridge Capital - Hedge Fund HighVista Strategies. A few of these funds are hedge funds. Mr. Cook joined AlphaSimplex in 2022. All rights reserved. BRACEBRIDGE CAPITAL, LLC Top 13F Holdings Australia. 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. One-Time Checkup with a Financial Advisor, Council for Community and Economic Research. You can also go online to the firm's website and send the firm an email directly. Alt Turnover is calculated by taking either the total MV of new purchases or As of February 2016, it had $10.3 billion of assets under management, making it the largest hedge fund managed by a woman in the world. She stayed with them for three years after graduation, on the raucous floor of the Chicago Mercantile Exchange. the total portfolio value. email address below and choose 'Submit'. Approximately 80 employees operate from our office located in Boston's historic Back Bay. 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. Neither Zimmerman nor her husband admitted wrongdoing in connection with their Russia dealings. WebBracebridge Capital, LLC is a leading hedge fund manager with over $12 billion of net assets under management. Harvard, Shleifer and the US Justice Department eventually reached an agreement in which the university paid $26.5 million to settle a civil lawsuit and Shleifer paid $2 million. Yales investment now is valued at around $1 billion, making it one of the endowments most profitable. 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. At a high level, Bracebridge Capital's goal is to take advantage of inefficiencies in financial markets around the world. [1]: All rights reserved. Bracebridge Capital closed its position in Medtech Acquisition Corp on 10th February 2023. Bracebridge Capital Review | SmartAsset.com Want to learn more about the hedge funds Bracebridge Capital manages? Fund of Funds. For more information, contact the firm directly or view the government documents related to its funds. 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. The Bracebridge Capital office and employees reside in Boston, Massachusetts. WebBracebridge Capital is an investment fund managing more than $77 million ran by John Jr.. WebBracebridge 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). 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. 6.3% of the portfolio companies WebBracebridge Capital, LLC is a leading hedge fund manager with approximately $12 billion of net assets under management. We believe our firms greatest asset is the people who work here. Bracebridge Capital CEO And Leadership: Executives and Approximately 150 employees operate from our office located in Bostons historic Back Bay. Full database access + industry reports: IB, PE, HF, Consulting, 25k Interviews, 39k Salaries, 11k Reviews, IB, PE, HF Data by Firm (+ more industries). Corzine said he remembers Zimmerman as a brilliant trader who attracted the brightest of co-workers. John Spinney is a COO & CFO at Bracebridge Capital and is based in Greater Boston Area. He has worked as Controller at J Baker, Sr. Vice President and CFO at Investors Bank & Trust, and Senior Vice President at STATE STREET CORP. John attended Isenberg School of Management between 1983 and 1987. Phone Email. 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. Language links are at the top of the page across from the title. Bracebridge Capital Review | SmartAsset.com REGISTRATION STATUS . When it comes to its investment philosophies, the firm manages each of its funds according to different strategies. containing a link to download the .zip file of the CSV file(s) you requested. Zimmerman and Sunshine both control Bracebridge Capital II, L.P. and SVZ, L.P. [4] Later, Andrew K. Golden, the manager of Princeton University's endowment, also became a major investor in Bracebridge Capital. Bracebridge Capital, LLC (Boston In the most recent 13F filing, Bracebridge Capital revealed that it had opened a new position in Download 13F Summary Our Approach However, the firm may invest in other things as it sees fit, such asoptions, futures, forward contracts, swaps, other derivatives and equities. Currently, their heaviest sector is Health Care making up 13.6% of 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 She stands a few inches over five feet with brown hair that she sometimes tucks behind her ears. WebBracebridge Capital, LLC is a leading hedge fund manager with over $12 billion of net assets under management. 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. Cons The culture at Bracebridge is broken. BRACEBRIDGE CAPITAL, LLC Compilation done on 2022-08-09 Item 1 Identifying Information A. $119 billion and $119 billion respectively. BOSTON, MA assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents. SmartAsset makes things easier for you with a number of free online resources designed to help you invest with confidence. Considerworking with a local financial advisortoday. Track performance, allocation, dividends, and risks, Annotate, download XLSX & look up similar tables, Filter, compare, and track coins & tokens. Working with an adviser may come with potential downsides such as payment of fees (which will reduce returns). We believe our firms greatest asset is the people who work here. Bracebridge Capital - Wikipedia The two most similar investment funds to Bracebridge Capital are Jcp Investment Management and Buttonwood Advisors. Among her top investors is Princeton Universitys endowment, run by Swensen protg Andrew Golden. LIMITED PARTNER BRACEBRIDGE CAPITAL II, L.P. GENERAL PARTNER BRACEBRIDGE CAPITAL II, L.P. CHIEF STRATEGIC OFFICER AND CHIEF ADMINISTRATIVE OFFICER, LIMITED PARTNER BRACEBRIDGE CAPITAL II, LP, Master Fund Argentina. All text and design is copyright 2020 WhaleWisdom.com. 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 I am excited for this forum and todays discussion on The percentile score in the title is calculated across the entire Company Database and uses an adjusted score based on Bayesian Estimates (to account for companies that have few reviews). WebInsurance. 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 Sign-up This is not an offer to buy or sell any security or interest. 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. There are no guarantees that working with an adviser will yield positive returns. Nancy Zimmerman founded Bracebridge Capital. SEC / JURISDICTION. 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 Zimmerman was born and raised just north of Chicago in Skokie, Illinois, the youngest of two girls. Prior to joining the firm, he was Chief Technology Officer (CTO) and Chief Information Security Officer at Bracebridge Capital. Of the $10.3 billion, thats about $1.3 billion. WebBRACEBRIDGE CAPITAL, LLC ( CRD # 158343/SEC#:801-73416 ) BBLAM, LLC (RELYING ADVISER), BRACEBRIDGE CAPITAL, LLC. If you hover over the various sections of the donut, you will see the % breakdown of each score given. are based in the Ireland. Bracebridge Capital First, we looked at data from the Bureau of Labor Statistics (BLS) on the average annual expenditures of seniors. for BRACEBRIDGE CAPITAL, LLC, Top 20 equal-weighted holdings. This leaves the value of the investment at $66 billion and 6,595,065 shares. According to the last 13-F report filed with the SEC, John Jr. serves as the Chief Financial and Chief Operating Officer at Bracebridge Capital. Bracebridge Capital 13F annual report (2023) | wallmine The named firm and its financial professionals have not reviewed, approved, or endorsed this review and are not responsible for its accuracy. After cutting ties with Farallon and changing its name, Bracebridge ended 1999 with $600 million under management. It was co-founded by Nancy Zimmerman and Gabriel Sunshine. You can help Wikipedia by expanding it. Whalewisdom has at least 17 13F filings, 2 13D filings, 6 13G filings, and 1 Form 4 filings. Bracebridge Capital and a top 10 holdings concentration of 87.99%. The firm has a team of 63 financial professionals who help manageover $37.3 billion in client assets. Initially, Zimmerman and Sunshine partnered with Steyers Farallon, which bought a minority stake in the new management company they called Farallon Fixed Income Associates. None of the information on this page has been provided or approved by Bracebridge Capital. 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. The entrepreneurial and collaborative culture at Bracebridge rewards and supports motivated, dedicated, enthusiastic and intellectually curious individuals. Currently, Bracebridge Capital's portfolio is worth at least $119 billion. Bracebridge is a manager of absolute return investment funds. Turnover is calculated by taking the # of new holdings (initial purchases) + the # of positions sold out of (not just reduced) divided by the total # of holdings for the quarter. Performance numbers calculated through 2023-02-14. Bracebridge Capital is based out of Boston. Bracebridge Capital Executives Updated November 18, 2022 Zippia gives an in-depth look into the details of Bracebridge Capital, including salaries, political Chad L. Cook - AlphaSimplex Contribute to the database and get 1 month free* Full online access! and Direct Owners. This article related to Boston is a stub. On the other hand, there are companies that Bracebridge Capital is getting rid of from its portfolio. [4], In March 2016, it was announced that the firm would receive $1.5 billion from the Argentine debt restructuring. from the College of the Holy Cross in Psychology and Sociology, with a concentration in Computer Science. 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. The firm pursues an investment strategy These cookies are used to improve your experience and provide more personalized service to you. 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. After losing 18 per cent in the global financial crisis, it posted a 35 per cent gain. 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. 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. You are limited to the prior 8 quarters of 13F filings. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdiction of Massachusetts. View latest Form ADV filed Part 2 Brochures. [8][9] Its chief operating officer is John Spinney. Name under which you primarily conduct your advisory business, if different from Item 1.A. All Rights Reserved. Remember that only accredited investors can work and invest in hedge funds. or to simply have an email sent to you whenever we receive a new [11] It was one of four hedge funds which former president Cristina Fernndez de Kirchner called "vultures and financial terrorists."[12]. Join the Bracebridge Capital team See Our Latest Jobs 1.0 Former Employee, more than 3 years A broken culture Feb 24, 2023 - Anonymous Employee in Boston, MA Recommend CEO Approval Business Outlook Pros You get free coffee and snacks. Bracebridge doesn't specify any exact fee ranges for its funds. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. [4] Initially, it received $50 million from Tom Steyer's Farallon Capital and David F. Swensen, who runs Yale University's endowment. 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 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.

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