 | |
| Company type | Privately held |
|---|---|
| Industry | Asset Management |
| Founded | 2000 |
| Founder | Steven Tananbaum |
| Headquarters | |
| AUM | US $47 billion (2022) [1] |
Number of employees | 270 |
GoldenTree Asset Management is an American asset management firm that was founded in 2000. The firm has its headquarters in New York City and offices in West Palm Beach, Florida, Charlotte, North Carolina, Dublin, London, Singapore, Sydney, Tokyo, and Dubai. [2] [3] [4]
The firm was founded in 2000 by chief investment officer Steven Tananbaum. [5] In 2021, GoldenTree had over 270 employees. [6] In 2013, the firm was ranked in Bloomberg's 100 Top-Performing Large Hedge Funds. [7]
GoldenTree is a global credit manager that focuses on credit opportunities across high-yield bonds; leveraged loans; distressed, structured products; and emerging markets debt. [5] GoldenTree manages over $47 billion for institutional investors including public and corporate pensions, endowments, foundations, and sovereign wealth funds. [8]
A hedge fund is a pooled investment fund that holds liquid assets and that makes use of complex trading and risk management techniques to improve investment performance and insulate returns from market risk. Among these portfolio techniques are short selling and the use of leverage and derivative instruments. In the United States, financial regulations require that hedge funds be marketed only to institutional investors and high-net-worth individuals.
D. E. Shaw & Co., L.P. is a multinational investment management firm founded in 1988 by David E. Shaw and based in New York City. The company is known for developing complicated mathematical models and computer programs to exploit anomalies in financial markets. As of December 1, 2023, D. E. Shaw has $60 billion in AUM, including alternative investments and long strategies.
Investcorp is a global manager of alternative investment products, for private and institutional clients. Founded in Bahrain in 1982, the firm has offices in United States, United Kingdom, Saudi Arabia, Qatar, United Arab Emirates, India, China, Japan, and Singapore. Investcorp's principal client base is in the six countries of the Gulf Cooperation Council, but it also has a growing base of institutional clients in North America, Europe, and Asia.
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Blackstone Credit, formerly known as GSO Capital Partners (GSO) is an American hedge fund and the credit investment arm of The Blackstone Group. Blackstone Credit is one of the largest credit-oriented alternative asset managers in the world and a major participant in the leveraged finance marketplace. The firm invests across a variety of credit oriented strategies and products including collateralized loan obligation vehicles investing in secured loans, hedge funds focused on special situations investments, mezzanine debt funds and private equity funds focused on rescue financing.
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Direct Lending is a form of corporate debt provision in which lenders other than banks make loans to companies without intermediaries such as an investment bank, a broker or a private equity firm. In direct lending, the borrowers are usually smaller or mid-sized companies, also called mid-market or small and medium enterprises, rather than large, publicly listed companies. Lenders are generally asset management or private debt fund manager firms. Direct lending funds use leverage, but generally less than banks or collateralized debt obligation funds (CDO/CLO).
Steven Andrew Tananbaum is an American hedge fund manager. He is the chief investment officer of GoldenTree Asset Management, which he founded in 2000. He manages the firm's investment team and oversees the executive committee. In 2018, Bloomberg referred to Tananbaum as "one of Wall Street’s biggest investors in distressed debt."
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