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Davidson Kempner Capital Management

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(Redirected from Davidson Kempner Capital Management LP) Global institutional alternative investment management firm
Davidson Kempner Capital Management LP
Headquarters in the Solow Building
Company typePrivate
IndustryInvestment management firm
FoundedMay 1983; 41 years ago (1983-05)
FounderMarvin H. Davidson
Headquarters520 Madison Avenue, New York, New York
Area servedWorldwide
Key peopleAnthony A. Yoseloff (Executive Managing Member)
AUMUS$36 billion (2023)
Number of employees500 (March 2023)
Websitedavidsonkempner.com

Davidson Kempner Capital Management LP (often known by the short form Davidson Kempner) is a global institutional alternative investment management firm with over $36 billion in assets under management. Davidson Kempner is headquartered in New York City, with additional offices in London, Hong Kong, Dublin, Philadelphia, Shenzhen and Mumbai. The firm is led by Anthony A. Yoseloff who serves as Executive Managing Member and Chief Investment Officer.

As of June 30, 2022, Davidson Kempner was ranked as the 8th largest hedge fund in the world.

Davidson Kempner has approximately 500 employees in the firm’s seven offices. The firm is headquartered at 520 Madison Avenue in New York, New York.

History

Davidson Kempner was founded in May 1983 by Marvin H. Davidson and was initially named M.H. Davidson & Co. Thomas L. Kempner Jr. joined the firm in December 1984 and was promoted to partner in 1986 and appointed to executive managing member in January 2004. The firm opened to outside capital in 1987 and was registered as an investment adviser with the U.S. Securities and Exchange Commission in 1990. Michael J. Leffell joined in 1988 and became Deputy Executive Managing Member, where he co-managed the Distressed Securities investment strategy for 20 years.

Anthony A. Yoseloff joined in August 1999 and became a managing member in January 2004. Yoseloff became co-deputy executive managing member in January 2012, and co-executive managing member with Kempner as of January 1, 2018. Kempner retired at the end of 2019.

Investment strategies

Davidson Kempner employs a bottom-up, fundamental method of investing with an event driven focus and a multi-strategy approach.

The firm invests globally in a variety of credit and equity strategies as well as real assets.

Management

Anthony A. Yoseloff is Executive Managing Member and Chief Investment Officer at Davidson Kempner Capital Management. Yoseloff serves on the Board of Trustees of Princeton University and is a member of the Board of Directors of PRINCO, the investment manager of the Princeton University endowment. Yoseloff also serves as a member of the Board of Trustees and on the investment committee of The New York Public Library as well as a member of the Board of Trustees and Vice Chair of the investment committee at New York-Presbyterian. He is a member of the Council on Foreign Relations.

The firm has 13 managing members.

References

  1. "Davidson Kempner Ireland Designated Activity Company". Vision-net. May 12, 2017.
  2. "No-Drama Hedge Fund Davidson Kempner Closes In on $40 Billion". Bloomberg. April 20, 2020.
  3. "Davidson Kempner Capital Management Review". SmartAsset. 30 August 2019.
  4. ^ "FORM ADV Davidson Kemner Capital Management" (PDF). U.S. Securities and Exchange Commission. March 31, 2022.
  5. ^ Peter Lattman (23 April 2019). "Davidson Kempner Co-Founder Plans to Retire From Hedge Fund". Bloomberg L.P.
  6. Sam Jones (August 7, 2013). "Hedge funds profit from return of M&A". Financial Times.
  7. "Investment Adviser Search Results". SEC.gov. Retrieved February 11, 2014.
  8. "Proposed Additional Investments" (PDF). NJ.gov. Retrieved February 20, 2014.
  9. "Shareholding Disclosures". HKExnews. Retrieved February 19, 2014.
  10. "Thomas Lenox Kempner Jr". Bloomberg L.P. April 22, 2018.
  11. "The largest managers of hedge funds". Pensions & Investments. September 20, 2021.
  12. ^ "Company Overview of Davidson Kempner Capital Management LLC People". Bloomberg BusinessWeek. Archived from the original on February 21, 2014. Retrieved February 20, 2014.
  13. ^ "Proposed Additional Investments" (PDF). NJ.gov. Retrieved February 20, 2014.
  14. "Top 100 Hedge Funds up 17%, Power past $550B Mark". HedgeTracker.com. June 18, 2012.
  15. "Davidson Kempner offers event-driven strategy". Hedge Fund Intelligence. May 29, 2007.
  16. "Michael J. Leffell". JINSA.org. February 12, 2024.
  17. "Davidson Kempner Co-Founder Plans to Retire From Hedge Fund". Bloomberg L.P. 23 April 2019.
  18. "Company Overview of Davidson Kempner Capital Management LLC Snapshot". Bloomberg BusinessWeek. Archived from the original on February 18, 2011. Retrieved February 20, 2014.
  19. ^ "Board of Directors". Princo Careers. Retrieved April 28, 2018.
  20. Burton, Katherine (April 20, 2022), No-Drama Hedge Fund Davidson Kempner Closes In on $40 Billion, Bloomberg
  21. "Judge Robert Katzmann and Anthony Yoseloff Named to the New York Public Library's Board of Trustees". New York Public Library. November 18, 2016.
  22. "The New York Public Library Appoints Geetanjali Gupta as Chief Investment Officer". New York Public Library. January 9, 2018.
  23. "Team: Davidson Kempner". davidsonkempner.com. Retrieved 15 April 2022.

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