Sat, Mar 24, 2018
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

Fund of hedge funds investment firm PAAMCO names three new partners

Tuesday, January 08, 2013
Opalesque Industry Update – Pacific Alternative Asset Management Company (PAAMCO), the US$ 8.5 billion fund of hedge funds investment firm, promoted Jim Meehan, Scott Warner and David Weinberger to Partners.

These promotions highlight the firm’s focus on developing its employee-ownership and ongoing succession plan. PAAMCO is a leading manager of alternative investment assets for pension funds, sovereign wealth funds and other institutions.

Commenting on the appointments Jane Buchan, Chief Executive Officer of PAAMCO, noted: “Jim, Scott and David have made a huge contribution to firm’s continuing development and we are delighted to welcome them to our growing partnership. These promotions demonstrate our commitment to being one of the very few firms in our sector that is broadly owned and controlled by its senior professionals. We believe that our partnership structure allows us to align our interests with those of our clients and ensures a sustainable future for PAAMCO.”

Jim Meehan joined PAAMCO in 2008 from PIMCO. As a Managing Director in PAAMCO’s Account Management department he leads PAAMCO’s development of institutional client relationships.

Scott Warner joined PAAMCO in 2006 after completing an MBA at the Anderson School of Management at the University of California, Los Angeles. Prior to his graduate studies Warner worked in the Investment Management Division at Goldman Sachs. He is Sector Specialist for long/short equity and equity market neutral investments.

David Weinberger joined PAAMCO in January 2012 after previously leaving his position as Senior Advisor for UBS Investment Bank. He is responsible for managing the firm’s Portfolio Management department and is a member of the Portfolio Construction Group. He is assuming leadership of Portfolio Management from Bill Knight, one of the four original founding partners of PAAMCO, who plans to retire in 2013.

These appointments bring the total number of employee Partners at PAAMCO to 16.

Press release

Recent related coverage:
Funds of funds and emerging managers: a mutually beneficial partnership Source


What do you think?

   Use "anonymous" as my name    |   Alert me via email on new comments   |   
Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing


  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. John Paulson, once the industry's largest hedge fund, to return some investors' money[more]

    Komfie Manalo, Opalesque Asia: John Paulson is reported to be retuning some of his investors' money as a number of his hedge funds continue to suffer setbacks, reports

  2. Institutional Investors - Overdrawn pension fund scores gains[more]

    From Investments in big banks, pawn shops and rolling papers helped boost public safety workers' underfunded pensions this past calendar years, according to newly released figures. After recording middling returns in recent years, the Police & Fire Pension Fund (P&F) notched

  3. Activist Investors - The seven most undervalued stocks in Larry Robbins' portfolio, Stamford hedge fund still seeking shakeup of Taubman board[more]

    The seven most undervalued stocks in Larry Robbins' portfolio From ...On February 14th, Larry Robbins' firm Glenview Capital Management filed its quarterly Form 13F regulatory filing. The firm's stock portfolio totals $18.5 billion with 58 positions according to the latest

  4. Hot hedge fund loses 21% after bet on volatility goes wrong[more]

    From In December, Shahraab Ahmad shared with his hedge fund clients the principle that helped him trounce peers for two turbulent decades: steer clear of the crowd. He'd turned $50 million into an operation with more than $700 million over three years and delivered market-beating retu

  5. Opalesque Exclusive: Northern Trust builds on blockchain-backed private equity solution[more]

    Bailey McCann, Opalesque New York: Private equity clients at Northern Trust can now carry out audits of private equity lifecycle events directly from the blockchain. Northern Trust, working with PwC and other audit firms in Guernsey, has added this feature to its existing solution set for private