Learn About PAAMCO and Its Operations

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PAAMCO is a global investment management firm with a unique approach to alternative investments. PAAMCO was founded in 2001 by Sean Seaport.

The company is headquartered in Los Angeles, California, and has additional offices in New York, London, and other locations worldwide.

About PAAMCO

PAAMCO is a global investment management firm that specializes in alternative investment strategies.

PAAMCO was founded in 2001 by Lee Odelson and Paul Brumer.

PAAMCO has offices in several locations around the world, including Tokyo and Singapore.

About

PAAMCO is a private investment management firm based in Newport Beach, California. They have a significant presence in the investment industry, with $9.3 billion in assets under management (AUM) as of June 25, 2024.

Their team consists of 44 employees, with 86% being investors and 0% being brokers. You can reach them at 949-261-4900 or visit their office at 660 Newport Center Drive, Newport Beach, CA 92660.

PAAMCO's AUM breakdown reveals that 63% of their assets are managed on a discretionary basis, while 2% are managed non-discretionarily. They also have a significant presence in the non-US market, with $5.6 billion in AUM from non-US persons.

Take a look at this: Renaissance Technologies Aum

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Here are some of the notable limited partners of PAAMCO:

PAAMCO's office is located in Newport Beach, California, and they can be reached at 949-261-4900.

Denies Misleading Investors on Women-Owned Status

PAAMCo, a California-based fund of hedge funds shop, has almost $9.8 billion in assets under management.

The firm denies that it structured the fund to make it appear as though it was woman-owned in order to lure investors.

PAAMCo's reputation as a female-owned firm came under question when S. Donald Sussman, a financier, challenged that image in a lawsuit.

PAAMCo's arrangement with Sussman, who provided a $2 million loan a decade ago, was ruled in his favor by US District Judge Richard Sullivan.

The judge concluded that the arrangement "may have been designed to mislead a number of observers, from the tax authorities to the SEC to entities wishing to invest in women-owned businesses."

PAAMCo Founders, the group of founding members that own a roughly 75% voting interest and 65% economic interest in PAAMCo, issued a statement disagreeing with the judge's opinion.

PAAMCo has said that despite the court ruling awarding Sussman a stake, he wouldn't be able to influence or control investment decisions made by the firm.

News and Updates

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PAAMCO has introduced PAAMCO Select, a stock portfolio that allocates assets to a number of hedge fund managers who will make bets on stocks for investors seeking higher returns.

The firm, which focuses on hedge funds, has more than $30 billion in assets under management and advisement. PAAMCO Select aims to marry clients' needs for higher returns with hedge fund managers' skills in picking great stocks.

Carrie McCabe, a managing director at PAAMCO, came up with the idea and will be the portfolio’s chief investment officer. She has spent three decades in the hedge fund industry.

PAAMCO has also partnered with the Employee Retirement System of Texas to seed emerging hedge funds through the PAAMCO Launchpad joint venture. The joint venture aims to pump in $3 billion to help these fledgling hedge funds.

The partnership will boost the growth of emerging managers and allow the Texas pension system to expand its emerging manager program. The joint venture also allows the Texas pension system to expand its EM investments to roughly 10% of its outsourced portfolio.

For more insights, see: Notable Hedge Fund Managers

Latest News

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PAAMCO, a $30 billion fund of funds, is giving institutional investors a new way to bet on stocks with big hedge fund managers through its PAAMCO Select stock portfolio.

The portfolio's assets are allocated to a number of hedge fund managers who will make bets on stocks for investors seeking more than what the average index fund can provide. PAAMCO Select is housed within a unit of Irvine, Calif.-based PAAMCO’s Prisma Holdings.

Jane Buchan is the CEO of PAAMCO Prisma. The firm has more than $30 billion in assets under management and advisement.

PAAMCO has teamed up with the Employee Retirement System of Texas to seed emerging hedge funds through their joint venture, PAAMCO Launchpad. This venture aims to pump in $3 billion to help these fledgling hedge funds.

The partnership will boost the growth of emerging managers and allow the Texas pension system to expand its $1 billion emerging manager program.

Here's an interesting read: Investment and Portfolio Analysis

How Many People Work at Prisma?

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PAAMCO Prisma is a notable entity with a relatively small workforce. 54 people are employed at PAAMCO Prisma.

It's interesting to note that the number of employees at PAAMCO Prisma is a specific fact, but unfortunately, we don't have more information about the company's size or structure.

PAAMCO Prisma's workforce is a fraction of what some larger companies have, but it's still a significant team that works together to achieve their goals.

The exact number of employees at PAAMCO Prisma is 54, which provides a clear picture of the company's scale.

Prisma Information

Prisma is a global investment manager that focuses on alternative investments, including private equity and real assets.

Prisma has a unique investment approach that combines quantitative and qualitative analysis to identify opportunities in the market.

Prisma's investment team has a deep understanding of the underlying assets and markets, which enables them to make informed investment decisions.

PAAMCO, the parent company of Prisma, has a long history of investing in alternative assets, dating back to 1996.

Prisma was established in 2012 as a way to leverage PAAMCO's expertise and resources to provide a more focused and specialized investment platform.

Recommended read: Alternative Asset Firms

Frequently Asked Questions

Who is the CEO of Paamco?

Jane Buchan is the CEO and Managing Director of PAAMCO. She leads the company as its top executive.

What are the biggest hedge funds in the world?

The largest hedge funds in the world are Citadel, Bridgewater, AQR, and D.E. Shaw, among others. These top hedge funds manage significant assets and are known for their investment strategies and market influence.

Elena Feeney-Jacobs

Junior Writer

Elena Feeney-Jacobs is a seasoned writer with a deep interest in the Australian real estate market. Her insightful articles have shed light on the operations of major real estate companies and investment trusts, providing readers with a comprehensive understanding of the industry. She has a particular focus on companies listed on the Australian Securities Exchange and those based in Sydney, offering valuable insights into the local and national economies.

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