Greg Lippmann

Last updated
Greg Lippmann
Born
Greg Holden Lippmann

1968or1969(age 55–56) [1]
NationalityAmerican
Alma mater University of Pennsylvania
OccupationBanker
SpouseKimberly Lee Duckworth

Greg Holden Lippmann (born 1968/1969) is an American hedge fund manager, and one of the key figures in Michael Lewis' book The Big Short . [2]

Contents

Early life

Greg Lippmann is the son of Susan Lippmann, a business manager at Purchase College, and Thomas J. Lippmann, the retired owner of the DBL Operating Corporation, a real estate investment and management business in New York, both of Scarsdale, New York. [3]

He earned a bachelor's degree in economics from the University of Pennsylvania in 1991. [4] [3] [5]

Career

Lippmann worked for Deutsche Bank, as global head of asset-backed securities trading, until he left in April 2010, and was succeeded by Pius Sprenger. [6] [1]

In February 2010, Lippmann announced that he would be joining a hedge fund started by Fred Brettschneider, who was formerly Deutsche Bank's head of global markets. [1] Lippmann co-founded LibreMax Partners with Brettschneider, and is its Chief Investment Officer and Portfolio Manager. [5]

In May 2016, Bloomberg LP reported that Lippmann was working with Promise Financial on a wedding loans business. [7]

Personal life

On December 14, 2002, he married Dr. Kimberly Lee Duckworth in New York City. [3]

A character based on Lippmann, Jared Vennett, was portrayed by actor Ryan Gosling in the 2015 film The Big Short .

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References

  1. 1 2 3 Dealbook (21 April 2010). "Lippmann, Deutsche Trader, Steps Down". The New York Times . Retrieved 27 April 2018.
  2. "WHERE ARE THEY NOW?: 'The Big Short' Edition" . Retrieved April 27, 2018.
  3. 1 2 3 "WEDDINGS/CELEBRATIONS; Kimberly Duckworth, Greg Lippmann". The New York Times. 15 December 2002. Retrieved 27 April 2018 via NYTimes.com.
  4. Lewis, Michael (2010). The big short : inside the doomsday machine. London: Allen Lane. p. 80. ISBN   9781846142574.
  5. 1 2 "Executive Profile: Greg Holden Lippmann". Bloomberg LP. Retrieved 27 April 2018.
  6. Vincent W. Veneziani (4 October 2011). The Greatest Trades of All Time: Top Traders Making Big Profits from the Crash of 1929 to Today. John Wiley & Sons. pp. 141–142. ISBN   978-0-470-64599-4 . Retrieved 27 April 2018.
  7. "Greg Lippmann, 'Big Short' Trader, Wants to Finance Your Wedding". 6 May 2016. Retrieved 27 April 2018 via www.bloomberg.com.