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. Nick Rhodes has been working as a Systems Engineer at Bracebridge Capital for 7 years. Im very proud of the people who come to work here, she said. 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. Bracebridge Capital [4] Later, Andrew K. Golden, the manager of Princeton University's endowment, also became a major investor in Bracebridge Capital. 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. When it comes to specific investments, the firm focuses on fixed-income securities and derivatives relating to those securities. As of 3rd February 2023, Bracebridge Capitals top holding is 6,595,065 shares of Alvotech currently worth over $66 billion and making up 55.6% of the portfolio value. Join the Bracebridge Capital team See Our Latest Jobs 1.0 Former Employee, more than 3 years A broken culture Feb 24, 2023 - Anonymous Employee in Boston, MA Recommend CEO Approval Business Outlook Pros You get free coffee and snacks. The entrepreneurial and collaborative culture at Bracebridge rewards and supports motivated, dedicated, enthusiastic and intellectually curious individuals. Bracebridge lost about 26 per cent, making it the worst year in its history. Review content is produced by SmartAsset independently of any business relationships that might exist between SmartAsset and the named firm and its financial professionals, and firms and financial professionals having business relationships with SmartAsset receive no special treatment or consideration in SmartAssets reviews. Bracebridge Capital closed its position in Medtech Acquisition Corp on 10th February 2023. BOSTON, MA 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. Zimmerman was born and raised just north of Chicago in Skokie, Illinois, the youngest of two girls. Bracebridge Capital, LLC is a top-tier hedge fund managing over $9 billion in investments for a wide array of sophisticated clients. These countries have visas for you, After UAE-India CEPA, dirham-rupee trade next big thing, Fed may hike rates again despite signs of slow growth. Bracebridge Capital is part of the Finance industry, and located in Massachusetts, United States. The number you see in the middle of the donut pie chart is the simple average of these scores. All investing involves risk, including loss of principal. Bracebridge Capital Fund Manager Profile | Preqin Established in 1994, Bracebridge manages private investment funds that serve endowments, foundations, pension funds and other institutional and high-net-worth investors. It manages $26.59 billion of regulatory assets for 12 client accounts. Professionals stay away, You can also go online to the firm's website and send the firm an email directly. None of the information on this page has been provided or approved by Bracebridge Capital. [1] It manages funds from the endowments of Yale University and Princeton University. A financial advisor can help you get your ducks in a row. Mr. Cook earned a B.A. After losing 18 per cent in the global financial crisis, it posted a 35 per cent gain. As of February 2016, it had $10.3 billion of assets under management, making it the largest hedge fund managed by a woman in the world. 2005-2023 Wall Street Oasis. Also, scroll over any city to learn about the cost of living in retirement for that location. Mr. Cook has been published worldwide on technology and security topics and has spoken on these topics at venues including NATO, the United Nations, and the SEC. There were a lot of gopher holes that you could step in, said Gabriel Sunshine, Zimmermans partner at Bracebridge. Terms of Use It also made $1.5 billion from the Argentine debt restructuring. Bracebridge Capital, LLC is a leading hedge fund manager with over $12 billion of net assets under management. containing a link to download the .zip file of the CSV file(s) you requested. 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 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. A few of these funds are hedge funds. Bracebridge Capitals portfolio is diversified across 2 sectors. Fund of Funds. ATM 2023: Are Dubai hotels entering a 'golden age'? REGISTRATION STATUS . 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. These specific strategies are detailed in the governing documents of each fund, so you should review those materials or contact the firm for more information. Neither Zimmerman nor her husband admitted wrongdoing in connection with their Russia dealings. divided by the total MV of the fund. HTTP://WWW.BRACEBRIDGECAPITAL.COM/ Using this data, SmartAsset calculated the average cost of living for retirees in the largest U.S. cities. The fund had a 10% annual return from 1994 to 2016. Bracebridge Capital, LLC (Boston Zimmerman downplays the challenges faced by women in a male-dominated industry: The bonds dont know who owns them.. BRACEBRIDGE CAPITAL, LLC Compilation done on 2022-08-09 Item 1 Identifying Information A. The entrepreneurial and collaborative culture at Bracebridge rewards and supports motivated, dedicated, enthusiastic and intellectually curious individuals. It was co-founded by Nancy Zimmerman and Gabriel Sunshine. Zimmerman owns most of Bracebridge, according to a 2015 filing with the US Securities and Exchange Commission. The largest investments include Australia. WebBracebridge Capital is an investment fund managing more than $77 million ran by John Jr.. After cutting ties with Farallon and changing its name, Bracebridge ended 1999 with $600 million under management. Mallinckrodt Plc and bought 2,033,257 shares worth $15.8 billion. 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. The Overall Ranking is generated based on the Company Reviews. Mr. Cook joined AlphaSimplex in 2022. Bracebridge Capital, LLC is a large fund manager headquartered in Boston, Massachusetts. The demise of LTCM hit other hedge funds, including Bracebridge, which held some of the same assets. WebBracebridge Capital, LLC is a leading hedge fund manager with over $12 billion of net assets under management. In order to invest in hedge funds, you must be considered an accredited investor. They had one employee. Direct Owners. Bracebridge Capital provides portfolio management for pooled investment vehicles. HighVista Strategies. Chad is an internationally published author, speaker, and innovator. Bracebridge Capital 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. American democracy is broken, Six siblings and a driver dead in Saudi accident. Accredited investors need to have at least $200,000 of earned income ($300,000 for couples) over both of the past two years. Turnover is calculated by taking the # of new holdings (initial purchases) + the # of positions sold out of (not just reduced) divided by the total # of holdings for the quarter. to see more advanced email alert options such as selecting any type of WebBracebridge Capital, LLC is a leading hedge fund manager with over $12 billion of net assets under management. EFFECTIVE DATE; SEC: The adviser's REGISTRATION status is listed below. Chad is a graduate of Holy Cross College. Whether you've been investing for10 years or 10 minutes, it pays to be on top of your game. On the advisory boards of several startup and private companies, Chad brings a wealth of experience and expertise to White Pine Systems. Bracebridge Capital has gone from $5.8b in assets four years ago to $10.3b today. As for the value, the document only says she and Sunshine control 12.6 per cent of the assets. The secretive hedge fund thats generating huge profits All rights reserved. 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 You must have a subscription to view WhaleScore histories. John Spinney is a COO & CFO at Bracebridge Capital and is based in Greater Boston Area. Founded Date Jun 1, 1994. Bracebridge manages assets for a sophisticated, global investor base, including endowments, foundations, pensions, and high net worth individuals. [4] By 2012, it had $5.8 billion of assets under management. 13F filing from BRACEBRIDGE CAPITAL, LLC, enter your The Overall Ranking is a score from 1 star (very bad) to 5 stars (excellent) generated based on the Company Reviews of current and former employees at this company, taking everything into account. Language links are at the top of the page across from the title. 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). Have multiple credit cards? He has also held the CTO role at Lime Brokerage and startup technology companies. Job Application for 2024 Summer Investment Analyst at email address below and choose 'Submit'. and [2]: 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). Shes employing this leveraged strategy to exploit pricing differentials in the fixed-income world with an obsessive focus on risk, Swensen said in an interview. Bracebridges biggest turnaround came in 2009. For over 20 years we have pursued investment strategies that seek absolute returns largely uncorrelated with broad moves in equities, currencies and rates. Bracebridge manages assets for a diverse, sophisticated, global investor base that includes endowments, foundations, pensions, and high net worth individuals. Complaints arose about Shleifer and his business partner allegedly using their position and influence for personal gain, according to court documents. Though her roots are in the Midwest, shes a Bostonian now, relishing Red Sox games and working behind the scenes for a number of the citys philanthropies. Bracebridge Capital - Crunchbase Company Profile & Funding Management fees at Bracebridge tend to range from 1% to 2%, and incentive feesusually fluctuatefrom 15% to 25%. Argentina. Sunshine owns a 5% stake in Bracebridge as of 2017. You can help Wikipedia by expanding it. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Track performance, allocation, dividends, and risks, Annotate, download XLSX & look up similar tables, Filter, compare, and track coins & tokens. Good afternoon. Bracebridge Capital - Wikipedia SmartAsset makes things easier for you with a number of free online resources designed to help you invest with confidence. I am excited for this forum and todays discussion on Largest female-managed hedge fund globally, "Gabriel Brendan Sunshine - Bracebridge Capital, LLC", "Company Overview of Bracebridge Capital, LLC", "The Secretive Hedge Fund That's Generating Huge Profits for Yale", "2016 America's Self-Made Women: #46 Nancy Zimmerman", "Meet the first Fil-Am elected to Harvard overseers board", "Argentina's Hedge Fund Deal Frustrates Small Bondholders", "Argentina Reaches Deal With Hedge Funds Over Debt", https://en.wikipedia.org/w/index.php?title=Bracebridge_Capital&oldid=1101743571, Financial services companies established in 1994, Creative Commons Attribution-ShareAlike License 3.0, This page was last edited on 1 August 2022, at 15:57. Their last Phone Email. Drawbridge Capital's fundamentally driven, bottom-up strategies are: "If you want to have a better performance than the crowd, you must do things differently from the crowd." Economist John Kenneth Galbraith wrote, "In any great organization it is far, far safer to be wrong with the majority than to be right alone." Nancy Zimmerman founded Bracebridge Capital. WebBracebridge Capital, LLC is a top-tier hedge fund managing over $9 billion in investments for a wide array of sophisticated clients. Established in 1994, Bracebridge manages private investment funds that serve endowments, foundations, pension funds and other institutional and high-net-worth investors. The strategy hasnt always come up roses. Methodology We analyzed data on average expenditures for seniors, cost of living and investment returns to determine how many years of retirement a $1 million nest egg would cover in cities across America. 500 Boylston Street Suite 1700Boston, MA 02116United States. IAPD - Investment Adviser Public Disclosure - Homepage Zimmerman, who survived a 1990s scandal involving Russia, her husband and Harvard University, is so successful at avoiding the limelight that Leda Bragas $9.5 billion Systematica Investments Ltd is often cited as the top woman-led firm by assets. We assumed the $1 million would grow at a real return (interest minus inflation) of 2%. Prior to joining the firm, he was Chief Technology Officer (CTO) and Chief Information Security Officer at Bracebridge Capital. It primarily aims to preserve capital and 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 also made $1.5 billion from the Argentine debt restructuring. Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling. At a high level, Bracebridge Capital's goal is to take advantage of inefficiencies in financial markets around the world. View latest Form ADV filed Part 2 Brochures. Sunshine owns a 5% stake in Bracebridge as of 2017. If you meet that requirement, go ahead and reach out to the firm for more information. BRACEBRIDGE CAPITAL, First, we looked at data from the Bureau of Labor Statistics (BLS) on the average annual expenditures of seniors. Headquarters Regions Greater Boston Area, East Coast, New England. On the other hand, there are companies that Bracebridge Capital is getting rid of from its portfolio. Stocks with a size of more than $100 million in market cap make up [4] Initially, it received $50 million from Tom Steyer's Farallon Capital and David F. Swensen, who runs Yale University's endowment. There are currently 15 companies in Mr. Jr.s portfolio. WebBracebridge Capital, LLC is a large advisory firm based in Boston. Contribute to the database and get 1 month free* Full online access! The opinions expressed herein are those of the publisher and are subject to change without notice. SEC / JURISDICTION. Bracebridge Capital is a hedge fund based in Boston, Massachusetts. This is the Bracebridge Capital company profile. However, the firm may invest in other things as it sees fit, such asoptions, futures, forward contracts, swaps, other derivatives and equities. As Chief of Quantitative Technologies of AlphaSimplex, Mr. Cook manages the firms technology platforms with respect to portfolio management, investment research, operations, and trading. The funds 2 per cent gain last year eclipsed the industry, which was up 0.6 per cent on average, according to data compiled by Bloomberg. Bracebridge You can meet this requirement either on your own or together with your spouse. We believe our firms greatest asset is the people who work here. The information contained herein is obtained from sources believed to be reliable, but its accuracy cannot be guaranteed. Long-Term Capital Management, a highly leveraged hedge fund run by John Meriwether, pursued a similar investment approach. Bracebridge Capital, LLC is a leading hedge fund manager with over $12 billion of net assets under management. [4], By February 2016, it had assets of $10.3 billion,[10] making it the largest hedge fund managed by a woman in the world. There are currently 16 companies in Mr. Jr.s portfolio. from the College of the Holy Cross in Psychology and Sociology, with a concentration in Computer Science. assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents. How do I update this listing? Performance This is not an offer to buy or sell any security or interest. 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. Dont pay balances this way, Aerosmith announces farewell tour starting in September, Abu Dhabi court settled Dh317m in workers dues in2022, A Biden-Trump rematch? Zimmermans company paid $1.5 million to resolve civil claims that it improperly used resources and staff from the government-funded project. Bracebridge was founded byNancy Zimmerman and Gabriel Sunshine in 1994. Sign-up Cities where $1 million lasted the longest ranked the highest in the study. You can alsobe considered an accredited investor if your net worth is at least $1 million, after subtracting the value of your primary residence. Bracebridge Capital's largest holding is iShares New York Muni Bond ETF- with shares held of 89,000. 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. The firm pursues investment strategies Download 13F Summary BRACEBRIDGE CAPITAL, LLC Top 13F Holdings Christina Rhodes. Bracebridge Capital - Hedge Fund 6% of the total holdings value. We give you the access and tools to invest like a Wall Street money manager at a Main Street price. When completed, an email will be sent to the email address you specify Remember that only accredited investors can work and invest in hedge funds. That makes it the largest hedge fund in the world run by a woman. Zimmerman credited her more than 100 employees for the firms success. She stayed with them for three years after graduation, on the raucous floor of the Chicago Mercantile Exchange. 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. 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. Register to read and get full access to gulfnews.com, By clicking below to sign up, you're agreeing to our We value the innovative, entrepreneurial and collaborative culture built here over two decades. Bracebridge Capital Location 888 Boylston St Fl 15, Boston, Massachusetts, 02199, United States Description Read More Industry Finance General Finance Discover more about Bracebridge Capital Recent News About Vicky Zhao Your full legal name (if you are a sole proprietor, your last, first, and middle names): BRACEBRIDGE CAPITAL, LLC B. Currently, Bracebridge Capital's portfolio is worth at least $119 billion. In 1998, after Russia stiffed lenders including LTCM, the fund failed and was bailed out by its Wall Street competitors. Advisors look to achieve absolute returns for the funds. For example, check out our. A few years prior, in 1992, Zimmermans husband, Harvard economist Andrei Shleifer, signed on to help privatise the Russian economy under the auspices of the university and the US government. SmartAsset's interactive map highlights places where $1 million will last the longest in retirement. Working with an adviser may come with potential downsides such as payment of fees (which will reduce returns). Her first job was buying Japanese yen options, she said. 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. Chad L. Cook - AlphaSimplex The largest investments include Alvotech and Mallinckrodt Plc, together worth $81.7 billion. 6,595,065 shares of Alvotech currently worth over $66 billion and making up 55.6% of the portfolio value. Software Engineer Co-op @ Bracebridge Capital | Simplify Approximately 150 employees operate from our office located in Bostons historic Back Bay. Bracebridge Capital are based in the Ireland. WebBracebridge Capital, LLC is a leading hedge fund manager with over $12 billion of net assets under management. It sold the previously owned 296,572 shares for $2.95 million. 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. Diversity Spotlight (US Headquarters Only) Women Founded.