Davidson Kempner Capital Management

Davidson Kempner Capital Management
Limited Partnership[1]
Industry Global Investment Management
Founded May 1983
Headquarters 520 Madison Avenue, New York, New York
International Offices in
London, England
Hong Kong
Area served
 Worldwide
Key people
 Thomas L. Kempner, Jr. (Executive Managing Member)
Anthony A. Yoseloff (Deputy Executive Managing Member)
AUM US $25.4 Billion (as of March 2015)[2]
Number of employees
 259 (February 2015)[3]
Website https://www.dkpartners.com

Davidson Kempner Capital Management is a global institutional investment management firm with approximately $25.4 billion in assets under management as of March 2015.[2][4] The firm was founded in May 1983 by Marvin H. Davidson and is led by Thomas L. Kempner, Jr., who is Executive Managing Member at the firm.

Davidson Kempner is headquartered in New York City, with additional offices in London and Hong Kong.[5][6][7][8] As of March 11, 2013, Davidson Kempner was ranked as the 12th largest hedge fund in the world.[9]

Davidson Kempner has approximately 260 employees in the firm’s three offices. The firm is headquartered at 520 Madison Avenue in New York, New York.[2][6][10]

Investment strategies

Davidson Kempner uses a fundamental analysis, bottom-up approach to make its investments.[7][11] The firm focuses on four investment strategies: merger arbitrage, distressed investments, long/short equity and convertible bonds arbitrage, with a particular focus on distressed investments and merger arbitrage.[2][12]

Davidson Kempner Funds

Multi-Strategy Funds

Distressed Opportunities Funds

Long-term Distressed Opportunities Funds

History

Davidson Kempner was founded in May 1983 by Marvin H. Davidson and was initially named M.H. Davidson & Co.[7] In December 1984, Thomas L. Kempner, Jr. joined the firm and was promoted to Partner in 1986.[14] The firm opened to outside capital in 1987 and was registered as an investment adviser with the Securities and Exchange Commission in 1990.[10][13] Thomas L. Kempner, Jr. was appointed to Executive Managing Member of the firm in January 2004.[15]

Management

Thomas L. Kempner, Jr., is Executive Managing Member of Davidson Kempner Capital Management. He joined Davidson Kempner in December 1984. Mr. Kempner became a Managing Member of Davidson Kempner Capital Management in January 1986 and was appointed Executive Managing Member in January 2004. Mr. Kempner graduated from the Harvard Business School in 1978, with distinction, and from Yale College in 1975, magna cum laude. Mr. Kempner is the Chairman of the Board of Trustees of the Central Park Conservancy, a member of the Board of Trustees of Harlem Village Academies and a member of the Board of Directors of Harvard Management Company. Mr. Kempner also serves on the board of the USA Cycling Development Foundation, the investment committee of The St. Bernard's School in New York and the Columbia University Medical Center Board of Advisors.[10][15][16]

Anthony A. Yoseloff is Deputy Executive Managing Member at Davidson Kempner Capital Management. He joined Davidson Kempner in August 1999 and became a Managing Member of Davidson Kempner in January 2004, Co-Deputy Executive Managing Member in January 2012 and the sole Deputy Executive Managing Member in January 2013. Mr. Yoseloff co-manages the firm’s distressed investments department. He received a J.D. from Columbia Law School and an M.B.A. from the Columbia Graduate School of Business Administration in 1999. He earned an A.B., cum laude, from the Woodrow Wilson School of Public and International Affairs at Princeton University in 1996. Mr. Yoseloff is on the Board of Directors of DonorsChoose.org, a not-for-profit organization, and also serves as the Chairman of its Audit Committee.[16][17]

References

  1. ↑ "Form D: Notice of Exempt Offering of Securities". Whale Wisdom. Retrieved February 18, 2014.
  2. 1 2 3 4 5 "Part 2A of Form ADV: Firm Brochure". U.S. Securities and Exchange Commission. June 11, 2015.
  3. ↑ "DAVIDSON KEMPNER CAPITAL MANAGEMENT LLC". Whale Wisdom. Retrieved June 15, 2015.
  4. ↑ Sam Jones (August 7, 2013). "Hedge funds profit from return of M&A". Financial Times.
  5. ↑ "Investment Adviser Search Results". SEC.gov. Retrieved February 11, 2014.
  6. 1 2 "Davidson Kempner European Partners LLP". The Law Society. Retrieved February 6, 2014.
  7. 1 2 3 "Proposed Additonal Investments" (PDF). NJ.gov. Retrieved February 20, 2014.
  8. ↑ "Shareholding Disclosures". HKExnews. Retrieved February 19, 2014.
  9. ↑ Rob Copeland (March 11, 2013). "Billion Dollar Club: Churning waters rock largest hedge funds". HedgeFund Intelligence.
  10. 1 2 3 "Company Overview of Davidson Kempner Capital Management LLC People". Bloomberg BusinessWeek. Retrieved February 20, 2014.
  11. ↑ "Company Overview of Davidson Kempner Capital Management LLC Snapshot". Bloomberg BusinessWeek. Retrieved February 20, 2014.
  12. 1 2 "Arizona PSPRS Trust" (PDF). Public Safety Personnel Retirement System of Arizona. October 2010.
  13. 1 2 "Davidson Kempner offers event-driven strategy". Hedge Fund Intelligence. May 29, 2007.
  14. ↑ "Top 100 Hedge Funds up 17%, Power past $550B Mark". HedgeTracker.com. June 18, 2012.
  15. 1 2 "A Discussion with Tom Kempner, Executive Managing Member, Davidson Kempner Capital Management". Columbia Business School. February 20, 2013.
  16. 1 2 "Davidson Kempner Special Opportunities Fund LP". SEC.gov. August 30, 2013.
  17. ↑ "Anthony Yoseloff Deputy Executive Managing Member, Davidson Kempner Capital Management LP". DonorsChoose. Retrieved February 15, 2014.

External links

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