Jane Buchan

Last updated
Jane Buchan
Alma materYale College
Harvard University
OccupationCEO

Jane Buchan is the Chief Executive Officer of Martlet Asset Management, LLC.

Contents

Martlet Asset Management, launched January 1, 2019, [1] is based in Newport Beach, CA.

In 2000, Jane co-founded Pacific Alternative Asset Management Company (PAAMCO), a global investment firm based in Irvine, CA. PAAMCO merged with Prisma Capital Partners, LP to form PAAMCO Prisma Holdings, LLC in June 2017. [2] As of June 30, 2018 PAAMCO Prisma had $32 billion in AUM, third largest fund of funds firm globally according to HFM InvestHedge Billion Dollar Club: H1 2018, published September 7, 2018. [3]

Early life and education

Buchan was born in Seattle, Washington but grew up in Portland, Oregon where her parents were professors of medicine at Oregon Health & Science University. Buchan graduated from Yale College in 1986 where, in addition to studying economics, [4] she was awarded the Nellie Pratt Elliot Award, which goes to the senior woman whose excellence in the field of athletics and in her life at Yale best represents the ideals of sportsmanship and Yale tradition. [5] In 1987–1989, she competed for Nike Coast Track Club in the high jump and also participated in the 1988 US Olympic trials. [6] Buchan later earned MA and PhD degrees from Harvard University. [7]

Professional career

After Yale, Buchan started her investment career at JPMorgan Chase in the Investment Management's Capital Markets Group in New York as a quantitative fixed income analyst. [6] Prior to starting PAAMCO in 2000 with three co-founders, she was an Assistant Professor of Finance at the Amos Tuck School of Business at Dartmouth. [8]

Buchan received the "2014 North American Industry Leadership Award" from 100 Women in Hedge Funds (the precursor to 100 Women in Finance), [9] and was named one of "50 Women in Hedge Funds" by The Hedge Fund Journal and Ernst & Young in 2017, 2013, 2010 and 2009. [10] [11] In June 2015, Buchan was selected as one of five honorees out of 215 nominees for the 2015 Women in Business Awards presented by the Orange County Business Journal. [11] In 2015, she was named to the InvestHedge Hall of Fame. Jane was named to the Barron's 100 Most Influential Women in US Finance in 2020 and again in 2021. Barrons .   Barrons .   Buchan speaks at industry panels and conferences as a moderator, panelist and keynote. She has been featured on CNBC and Bloomberg television, and has been a regular contributor to both the business and investment press. [4]

Professional associations

Jane Buchan is an Associate Editor for the Journal of Alternative Investments and served as Director and Chair of the Board for the Chartered Alternative Investment Analyst Association (CAIA). [12] She serves as a Director for AGF Management (TSE:AGF.B) [13] and IMMIX Biopharma (NASDAQ: IMMX) [14] and retired as a director of Globe Life (NYSE:GL) [15] (2005-2024) due to term limits. She serves as a trustee to the Standard Boards for Alternative Investments, formally Hedge Fund Standards Board. [6] Buchan Pledged $1 Million for Reed College in Portland, Oregon. [16] Jane Buchan is a 100 Women in Finance Charter Angel to recognize the support she provided in the formation and funding of the 100 Women in Hedge Funds Association and Foundation. [17]

Involvement with local public schools

Over the past ten years, Buchan has given more than $1 million to the Garden Grove Unified School District (GGUSD) in California. Her relationship with GGUSD began ten years ago when Bryant Elementary School lost funding for their 6th graders to attend science camp. Buchan stepped in to provide the funding and since then has provided a kindergarten playground for Bryant as well as smart boards, laptops and other technology tools. [18] Over the years, her involvement has broadened to other schools including Peters Elementary, Newhope Elementary and Heritage Elementary. At the Garden Grove Unified School District board meeting on November 15, 2016, the board highlighted the substantial impact that Buchan’s involvement has had on the students in Garden Grove and honored her for her commitment, particularly to STEM-related initiatives. [19]

Personal life

Buchan is married to track and field coach Jim Driscoll. Driscoll won a Gold Medal in the hammer throw for the United States at the 1991 Pan American Games. [6]

Related Research Articles

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.

Chartered Alternative Investment Analyst (CAIA) is a professional designation offered by the CAIA Association to investment professionals who complete a course of study and pass two examinations. The "alternative investments" industry is characterized as dealing with asset classes and investments other than standard equity or fixed income products. Alternative investments can include hedge funds, private equity, real assets, commodities, and structured products.

<span class="mw-page-title-main">Citadel LLC</span> American hedge fund and financial services provider

Citadel LLC is an American multinational hedge fund and financial services company. Founded in 1990 by Ken Griffin, it has more than $58 billion in assets under management as of January 2024. The company has over 2,800 employees, with corporate headquarters in Miami, Florida, and offices throughout North America, Asia, and Europe. Founder, CEO and Co-CIO Griffin owns approximately 85% of the firm. As of December 2022, Citadel is one of the most profitable hedge funds in the world, posting $74 billion in net gains since its inception in 1990, making it the most successful hedge fund in history, according to CNBC.

<span class="mw-page-title-main">Anne Dias-Griffin</span> French-American investor

Anne Dias-Griffin is a French-American investor. She is the founder and chief executive officer of Aragon, an investment firm active in global equities, with a focus on the internet, technology, and consumer sectors, as well as alternative assets.

PAAMCO American institutional investment firm focused on hedge funds

Pacific Alternative Asset Management Company, more commonly known as PAAMCO, is an institutional investment firm focused on hedge funds headquartered in Newport Beach, California with an office in London. Their clients include large public as well as private pension plans, financial institutions, endowments and foundations.

Highland Capital Management is an alternative investment management firm that manages hedge funds, structured investment vehicles and mutual funds. The firm invests in global public equities, as well as fixed income markets with a focus on leveraged loans, high yield bonds, and structured products.

Elliott Investment Management L.P. is an American investment management firm. It is also one of the largest activist funds in the world.

<span class="mw-page-title-main">Winton Group</span> British investment management firm

Winton Group, Ltd is a British investment management firm founded by David Harding. In the United States, Winton is registered with the Securities and Exchange Commission as an investment advisor and with the Commodity Futures Trading Commission as a CTA, and is authorised by the Financial Conduct Authority in the UK. The company trades on more than 100 global futures markets in a wide variety of asset classes and on global equity markets. The firm was launched with $1.6 million in 1997, reached a peak of $28.5 billion in assets under advisement, before dropping to $7.3 billion by late 2020. Winton Group has six offices around the world: London, New York, Hong Kong, Shanghai, Sydney, and Abu Dhabi.

100 Women in Finance, formerly 100 Women in Hedge Funds (100WHF), is a non-profit organization for professionals who work in the alternative investment and broader finance industry. The organization aims to strengthen women's presence in the finance field by supporting women at each career stage to achieve their career goals. Actual membership comprises more than 30,000 professionals in 32 locations. Professional members advocate for a new generation of leadership, where women and men are equally successful and impactful in their roles as investment professionals and executives.

<span class="mw-page-title-main">Sonia Gardner</span> American businesswoman (born 1962)

Sonia Gardner is an American businesswoman, hedge fund manager and the co-founder of Avenue Capital Group.

Scott Bessent is an American investor, philanthropist, and educator. He is the founder of Key Square Group, a global macro investment firm.

<span class="mw-page-title-main">Millennium Management, LLC</span> American hedge fund

Millennium Management is an investment management firm with a multistrategy hedge fund offering. In 2023, it was one of the world's largest alternative asset management firms with over $61.1 billion assets under management as of January 2024. The firm operates in America, Europe and Asia. As of 2022, Millennium had posted the fourth highest net gains of any hedge fund since its inception in 1989.

<span class="mw-page-title-main">Glenview Capital Management</span>

Glenview Capital Management is a hedge fund founded in 2000 with approximately $7.7 billion of capital under management as of March 2019. Glenview manages capital for investors through a series of private investment funds. The firm was founded by Larry Robbins, the firm's CEO and portfolio manager, and is based in New York.

Putri Pascualy is an author and credit strategist. She is the author of Investing in Credit Hedge Funds, a book focused on the topic of alternative investing in corporate credit markets.

Jeffrey Marc Talpins is the founder and Chief Investment Officer of New York-based hedge fund, Element Capital Management. He is a “macro” trader who uses options to try to capture the upside of — and limit potential losses from — strategies aimed at anticipating global economic shifts.The Wall Street Journal referred to Talpins as “the hedge fund king you’ve never heard of” and “the hottest investor on Wall Street."

Richard Andrew Deitz is an American investment manager. He is the founder and president of London-based investment firm VR Capital Group.

Dawn Fitzpatrick is an American investment banker and financial officer based in New York City. She is known for her work as a hedge fund manager and as the Chief Executive Officer (CEO) & Chief Investment Officer (CIO) at Soros Fund Management.

Elizabeth Lee Hennessee, also known as Lee Hennessee-Gradante, was an American pioneer hedge fund manager, noted as one of the most powerful women in New York, she was also campaign finance chair for Elizabeth Dole's presidential run. Hennessee and her husband, Charles J. Gradante, founded and managed the Hennessee Group LLC hedge fund for many years.

Nancy Zimmerman is an American hedge fund manager. She is the co-founder of Bracebridge Capital, a Boston-based hedge fund with over $12 billion of assets under management as of June 2019. The fund manages investments for foundations, pensions, high net worth individuals and endowments, including those of Yale University and Princeton University. She gained media attention in 1997 for her involvement in the Harvard Institute for International Development's Russian aide controversy and in the 2010s for her firm’s role in Argentina’s debt restructuring. As of 2019, she is the wealthiest female hedge fund founder in the U.S.

The Kentucky Public Pensions Authority (KPPA), formerly known as The Kentucky Retirement Systems (KRS), is the administrator of defined-benefit pension and insurance plans for most of Kentucky's state and county employees and retirees. KPPA oversees Kentucky's three separate retirement systems: Kentucky Employee Retirement System (KERS), County Employee Retirement System (CERS) and State Police Retirement System (SPRS). CERS and KERS are multiple-employer, cost-sharing defined-benefit pension plans with Non-Hazardous and Hazardous members. SPRS is a single-employer, defined-benefit pension plan with Hazardous members. Each system covers regular full-time members employed by the participating agencies. Kentucky's public employee pension system has been ranked one of the most underfunded public pension systems in the country.

References

  1. Childs, Mary (December 27, 2018). "Jane Buchan's New Fund Set to Declare Its Independence". barrons.com. Barrons. Retrieved January 14, 2019.
  2. "KKR to Combine Prisma With Paamco to Create $34 Billion Firm" . Retrieved January 25, 2018.
  3. Hallissey, Siobhan (September 7, 2018). "HFM InvestHedge Billion Dollar Club: H1 2018". HFM.global. HFM Investhedge. Archived from the original on August 12, 2021. Retrieved September 7, 2018.
  4. 1 2 "PAAMCO CEO on Investing from the Bottom Up". Archived from the original on December 10, 2017. Retrieved May 26, 2016.
  5. "Nellie Pratt Elliot Award". Archived from the original on April 7, 2018. Retrieved September 12, 2016.
  6. 1 2 3 4 "PAAMCO'S CEO seeks clarity among fund billions". The Orange County Register . Retrieved May 6, 2015.
  7. "Jane Buchan: Executive Profile & Biography - Businessweek" . Retrieved August 22, 2014.[ dead link ]
  8. "HFSB - Jane Buchan". Archived from the original on March 4, 2016. Retrieved November 4, 2015.{{cite journal}}: Cite journal requires |journal= (help)
  9. "Hedge fund group honors PAAMCO chief Buchan" . Retrieved July 10, 2014.
  10. "50 Leading Women In Hedge Funds 2013" . Retrieved July 10, 2014.{{cite journal}}: Cite journal requires |journal= (help)
  11. 1 2 "21st Annual Women in Business Awards Winners Announced | Orange County Business Journal". ocbj.com. 23 June 2015. Retrieved December 12, 2017.
  12. "CAIA Association" (PDF). Archived from the original (PDF) on July 14, 2014. Retrieved July 10, 2014.
  13. "AGF Corporate Governance" . Retrieved July 24, 2020.
  14. "Corporate Governance | Immix Biopharm".
  15. "Globe Life Board of Directors" . Retrieved July 24, 2020.
  16. "One Year at Reed and $1 Million for Performing Arts" . Retrieved July 10, 2014.
  17. "100WHF to honour Jane Buchan" . Retrieved July 10, 2014.{{cite journal}}: Cite journal requires |journal= (help)
  18. "Good Works". 28 November 2016. Retrieved January 23, 2018.{{cite journal}}: Cite journal requires |journal= (help)
  19. "GARDEN GROVE UNIFIED SCHOOL DISTRICT REGULAR MEETING OF THE BOARD OF EDUCATION 10331 STANFORD AVENUE GARDEN GROVE, CALIFORNIA November 15, 2016" (PDF). Retrieved January 23, 2018.{{cite journal}}: Cite journal requires |journal= (help)