Greg Lippmann

Last updated
Greg Lippmann
Born
Greg Holden Lippmann

1968or1969(age 54–55) [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, the daughter of Ingrid D. Bellemère of Las Vegas and Stephen M. Duckworth of Naples, Florida, at the 200 Fifth Club in New York City, in a ceremony officiated by Rabbi Stephen A. Klein. [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.