Sat, Feb 13, 2016
A A A
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

www.paamco.com


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

Bg

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. Investing - Real estate secondaries sole 'bright spot' in 2015, As hedge funds stumble, one firm prepares to buy illiquid stakes[more]

    Real estate secondaries sole 'bright spot' in 2015 From IPE.com: The secondary market for property was the sole “bright spot” over the course of 2015, as hedge fund secondaries saw deals fall by two-thirds, according to a wide-ranging survey of the market. Setter Capital said 2015 saw th

  2. Asia - Hedge fund manager Kyle Bass estimates China's foreign reserves below critical level[more]

    From Nasdaq.com: Investor Kyle Bass stepped up his attack on China's currency, arguing in an investor letter distributed Wednesday that the second-largest economy's foreign reserves are "already below a critical level." The comments mark the latest effort by hedge funds and other investors to raise

  3. Investing - Some hedge funds want to make subprime auto loans next big short, 11 hedge funds that are “all in” on the FANG stocks, Hedge funds short London luxury homes, Cynet raises $7 million from U.S. hedge fund[more]

    Some hedge funds want to make subprime auto loans next big short From Bloomberg.com: A group of hedge funds, convinced they have found the next Big Short, are looking to bet against bonds backed by subprime auto loans. Good luck finding a bank willing to do the trade. Money manage

  4. Investing - Hedge funds see selloff in European bank stocks as buying opportunity[more]

    From WSJ.com: The massive selloff in European bank stocks and bonds is overdone and presents a “phenomenal” buying opportunity, according to some of Europe’s top hedge-fund managers. Despite a 28% slump in European bank stocks this year, including a 38% fall in Deutsche Bank AG and a 34% drop in Soc

  5. Legal - Carlyle accused of fraud by ex-employee, Hedge funds win CDS breach of contract suit against Deutsche Bank, Hedge fund asks for OK on $27.5m Goldman CDO deal, SFO examines Barclays hedge fund profits[more]

    Carlyle accused of fraud by ex-employee From AI-CIO.com: A former portfolio manager claims he was fired for blowing the whistle on “crazy” and “irresponsible” investments. Carlyle Group has been sued by a former portfolio manager for one of its hedge funds, who accused the firm of “knowi