Sat, Jan 31, 2015
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. Opalesque Exclusive: Ex-Citi trader launches 'sleep-at-night’ long/short equity fund[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: After working at Citi's proprietary trading desk, managing a large portfolio between 2008 and 2011, Joel S. Salomon founded SalaurMor Management in New Yor

  2. Investing - U.S. investors favor currency hedged Europe ETFs as euro tumbles, Quants win back investors as Swiss franc fuels volatility gains, David Einhorn's $7bn hedge fund is loading up on this stock, Hedge fund BlueMountain Capital unveils Ocwen Financial short, claims default on notes[more]

    U.S. investors favor currency hedged Europe ETFs as euro tumbles From Reuters.com: U.S. investors stung by the falling euro who want to stay invested in Europe are turning to exchange-traded funds designed to strip out the impact of the region's currency. The biggest among so-called "cur

  3. News Briefs - Millennials use tech tools to jump into investing, Winklevoss twins to launch bitcoin exchange with FDIC insured deposits, Robertson’s legacy from hedge funds to New Zealand, Real estate managers exploring smaller open-end funds[more]

    Millennials use tech tools to jump into investing It is the Facebookification of monetary investing. From social networking platforms that enable young investors to stick to every other's stock-picking mojo, to internet sites for initially-timers hungry for a piece of the Silicon Valley

  4. Update: Prosecutors seek 12 years for hedge fund manager Francisco Illarramendi[more]

    Komfie Manalo, Opalesque Asia: Federal prosecutors have asked the court to sentence convicted hedge fund manager Francisco Illarramendi to 12 years imprisonment for running an elaborate Ponzi scheme that bilked investors hundreds of millions in dollars, including a Venezuelan pension fund, report

  5. Institutions - Ontario pension fund leader calls all asset classes ‘expensive’, Taiwan's BLF plans $2bn in alternative mandates[more]

    Ontario pension fund leader calls all asset classes ‘expensive’ From WSJ.com: The head of one of the world’s largest pension funds said that across asset classes, “everything is expensive.” Ron Mock, who leads Canada’s $141 billion Ontario Teachers’ Pension Plan, said that the plan would