Bracebridge Capital, LLC is a leading hedge fund manager with over $12 billion of net assets under management. Bracebridge Jobs at Bracebridge Capital - Greenhouse to see more advanced email alert options such as selecting any type of Zippia gives an in-depth look into the details of Bracebridge Capital, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Bracebridge Capital. 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. 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 Your full legal name (if you are a sole proprietor, your last, first, and middle names): BRACEBRIDGE CAPITAL, LLC B. Mr. Cook earned a B.A. 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. This leaves the value of the investment at $66 billion and 6,595,065 shares. It may become outdated an there is no obligation to update any such information. SEC / JURISDICTION. She stayed with them for three years after graduation, on the raucous floor of the Chicago Mercantile Exchange. Their last reported 13F filing for Q4 2022 included $1,070,890,279 in managed 13F securities 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. After losing 18 per cent in the global financial crisis, it posted a 35 per cent gain. Bracebridge Capital Phone Email. Bracebridge Capital is an investment fund managing more than $119 billion ran by John Jr.. 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 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. Chad is a graduate of Holy Cross College. Currently, their heaviest sector is Health Care making up 13.6% of Approximately 80 employees operate from our office located in Boston's historic Back Bay. Al Nisr Publishing LLC 2023. WebInsurance. Bracebridge Capital is a hedge fund based in Boston, Massachusetts. Argentina. They had one employee. Professionals stay away, WebBracebridge Capital, LLC is a leading hedge fund manager with over $12 billion of net assets under management. Complaints arose about Shleifer and his business partner allegedly using their position and influence for personal gain, according to court documents. $119 billion and $119 billion respectively. Bracebridge Capital Track performance, allocation, dividends, and risks, Annotate, download XLSX & look up similar tables, Filter, compare, and track coins & tokens. Bracebridge Capital may also be known as or be related to Bracebridge Capital, Bracebridge Capital, LLC and Bracebridge Capital, Llc. Chad is an experienced technology executive with a diverse background and depth in scalable, high-performance technologies across industries. 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 13F annual report (2023) | wallmine AlphaSimplex is an affiliate of Virtus Investment Partners, Inc. Job Application for 2024 Summer Investment Analyst at 6% of the total holdings value. Yales investment now is valued at around $1 billion, making it one of the endowments most profitable. 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. [4] By 2012, it had $5.8 billion of assets under management. As for the value, the document only says she and Sunshine control 12.6 per cent of the assets. The existence of a fiduciary duty does not prevent the rise of potential conflicts of interest. Nick Rhodes has been working as a Systems Engineer at Bracebridge Capital for 7 years. 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. That makes it the largest hedge fund in the world run by a woman. We took a hard look and found no reason to modify our relationship, said Swensen, who describes himself as a close friend of Zimmermans. Bracebridge manages assets for a sophisticated, global investor base, including endowments, foundations, pensions, and high net worth individuals. WebBracebridge Capital is a leading hedge fund manager that pursues investment strategies primarily within the global fixed income markets. You are limited to the prior 8 quarters of 13F filings. Bracebridge Capital closed its position in Medtech Acquisition Corp on 10th February 2023. Bracebridge Capital, LLC (Boston 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. Headquarters Regions Greater Boston Area, East Coast, New England. The firm pursues investment strategies primarily within the All rights reserved. The strategy hasnt always come up roses. A financial advisor can help you get your ducks in a row. When it comes to specific investments, the firm focuses on fixed-income securities and derivatives relating to those securities. Bracebridge is a manager of absolute return investment funds. Bracebridge Capital is a leading hedge fund manager that pursues investment strategies primarily within the global fixed income markets. 6,595,065 shares of Alvotech currently worth over $66 billion and making up 55.6% of the portfolio value. First, we looked at data from the Bureau of Labor Statistics (BLS) on the average annual expenditures of seniors. Zimmerman and Sunshine both control Bracebridge Capital II, L.P. and SVZ, L.P. The secretive hedge fund thats generating huge profits You can also go online to the firm's website and send the firm an email directly. Bracebridge has had only eight losing months since 2009. 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 doesn't specify any exact fee ranges for its funds. Bracebridge Capital, LLC | LinkedIn Im very proud of the people who come to work here, she said. [4] It also had more than 100 employees by February 2016. 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. It manages funds from the endowments of Yale University and Princeton University. and Bracebridge Capital - Hedge Fund WebBracebridge Capital, LLC is a top-tier hedge fund managing over $9 billion in investments for a wide array of sophisticated clients. There are no guarantees that working with an adviser will yield positive returns. The firm's assets are spread across 13 different pooled investment vehicles, known more commonly as funds. 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. Bracebridge Capital Zimmerman bought up beleaguered Russian debt, betting its value would rise, court filings show. The firm pursues investment strategies primarily within the Bracebridge Capital Fund Manager Profile | Preqin BRACEBRIDGE CAPITAL This is the Bracebridge Capital company profile. We believe our firms greatest asset is the people who work here. Download 13F Summary Direct Owners. are based in the Ireland. Register to read and get full access to gulfnews.com, By clicking below to sign up, you're agreeing to our divided by the total MV of the fund. 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 Capital [3] Zimmerman is a Brown alumna, former Goldman Sachs employee, and the wife of Harvard professor Andrei Shleifer.[4][5]. 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. Sign-up 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). for BRACEBRIDGE CAPITAL, LLC, Top 20 equal-weighted holdings. Subscribe to WhaleWisdom to view all filing data , 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. Bracebridge Capital Zimmermans company paid $1.5 million to resolve civil claims that it improperly used resources and staff from the government-funded project. He has contributed to books, papers, and patents, and has spoken at SEC, NATO and United Nations events. WebBracebridge Corporate Finance - Bracebridge We advise on company sales and acquisitions, exit planning, management buy-outs and buy-ins (MBOs/MBIs) and raising private equity and growth capital. The firm manages hedge funds Name under which you primarily conduct your advisory business, if different from Item 1.A. Christina Rhodes. The total portfolio value may be much higher due to cash Cities where $1 million lasted the longest ranked the highest in the study. All investing involves risk, including loss of principal. [11] It was one of four hedge funds which former president Cristina Fernndez de Kirchner called "vultures and financial terrorists."[12]. IAPD - Investment Adviser Public Disclosure - Homepage Bracebridge Capital is a hedge fund based in Boston, Massachusetts. This article related to Boston is a stub. Bracebridge is a relative-value fixed-income fund that exploits small pricing differences in the credit market and hedges against those bets. 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. They are focused, intellectually honest and they love to collaborate.. Nancy Zimmerman founded Bracebridge Capital. Zimmerman was born and raised just north of Chicago in Skokie, Illinois, the youngest of two girls. TOWNLEY, WILLIAM, DANFORTH. It primarily aims to preserve capital and WebBracebridge Capital, LLC is a leading hedge fund manager with over $12 billion of net assets under management. 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. Considerworking with a local financial advisortoday. WebBracebridge Capital, LLC is a leading hedge fund manager with approximately $12 billion of net assets under management. There are currently 16 companies in Mr. Jr.s portfolio. They manage Terms of Use 500 Boylston Street Suite 1700Boston, MA 02116United States. from the College of the Holy Cross in Psychology and Sociology, with a concentration in Computer Science. 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. Cons The culture at Bracebridge is broken. 6.3% of the portfolio companies REGISTRATION STATUS. Privacy Policy. You must have a subscription to view WhaleScore histories. Neither Zimmerman nor her husband admitted wrongdoing in connection with their Russia dealings. View latest Form ADV filed Part 2 Brochures. The employee data is based on information from people who have self-reported their past or current employments at Bracebridge Capital. Chad L. Cook - AlphaSimplex 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. These companies are the principal owners of Bracebridge, and both individuals retain the ultimate managing authority of the firm. As a result, the firm doesn't have a single overarching investment philosophy, though there are certain elements that remain constant between funds. The data presented on this page does not represent the view of Bracebridge Capital and its employees or that of Zippia. The information contained herein is obtained from sources believed to be reliable, but its accuracy cannot be guaranteed. Australia. containing a link to download the .zip file of the CSV file(s) you requested. [4] Initially, it received $50 million from Tom Steyer's Farallon Capital and David F. Swensen, who runs Yale University's endowment. 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. 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 Capitals portfolio is diversified across 2 sectors. The demise of LTCM hit other hedge funds, including Bracebridge, which held some of the same assets. 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. Advisors look to achieve absolute returns for the funds. Zoom between states and the national map to see the top spots in each region. Approximately 150 employees operate from our office located in Bostons historic Back Bay. It was co-founded by Nancy Zimmerman and Gabriel Sunshine. Only includes UK, France, Germany, Japan, and HKEX are presently being processed. All information is accurate as of the writing of this article. There must also be a reasonable assumption that this income trend will continue in the upcoming year. Founded Date Jun 1, 1994. Good afternoon. Bracebridge Capital, LLC is a large fund manager headquartered in Boston, Massachusetts. There were a lot of gopher holes that you could step in, said Gabriel Sunshine, Zimmermans partner at Bracebridge. Average Retirement Savings: How Do You Compare? Phone Email. 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? [2], Bracebridge Capital was co-founded by Nancy Zimmerman and Gabriel Brendan Sunshine in 1994. Stocks with a size of more than $100 million in market cap make up Zimmerman offered a typical scenario: Bracebridge buys a corporate bond it considers cheap while at the same time purchasing a credit-default swap on the bond in order to make money even if the company goes bankrupt. 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. We value the innovative, entrepreneurial and collaborative culture built here over two decades. HTTP://WWW.BRACEBRIDGECAPITAL.COM/ 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. 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. You are now leaving AlphaSimplexs website and are being connected to a third-party website.