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Pine River Capital Management

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Pine River Capital Management L.P. is an asset management firm.[1][2][3][4] The company invests and trades stocks, fixed income, derivatives, and listed investment vehicles.[5] The company is managed by founder and CEO Brian Taylor and 15 other partners.[6][7] Pine River was recognized by Institutional Investor as the Relative Value Hedge Fund Manager of the Year in 2012 and 2013.[8] In 2009, the firm was the first to launch a $250 million real estate investment trust that was formed through a merger with a special purpose acquisition company.[9][10]

History

Brian Taylor founded Pine River in 2002 with an initial investment of $5.3 million.[1] The company has $13 billion in assets under management and employs over 350 people.[11][12]

The firm was located in Pine River, Minnesota, before moving to Minneapolis, Minnesota in 2003. In 2007, the company was relocated to Minnetonka, Minnesota.[11] Pine River has offices in New York, London, Beijing, Hong Kong, Shenzen, San Francisco, and Austin. In 2009, a subsidiary of Pine River became the external investment manager of Two Harbors Investment Corp, a publicly listed real estate investment trust that invests in mortgage-backed securities and related instruments.[13] In 2012, an affiliate of Pine River became the external investment manager of Silver Bay Realty Trust Corp., a publicly listed real estate investment trust that invests in single-family rental homes.[14]

In 2012, Forbes named Pine River partner Jiayi Chen to its "30 Under 30: Finance" list.[15]

References

  1. ^ a b Svea Herbst-Bayliss (Mar 5, 2010). "Pine River housing bets started in cabin". Reuters. Retrieved Dec. 30, 2013. {{cite web}}: Check date values in: |accessdate= (help)
  2. ^ Daniel Fisher (Mar. 27, 2013). "Sublime Subprime". Forbes. Retrieved Dec. 30, 2013. {{cite web}}: Check date values in: |accessdate= and |date= (help)
  3. ^ Mary Childs (Oct. 3, 2013). "Pine River's Kuhn Diversifies to Bet Against 'Drunk Businessman'". Bloomberg News. Retrieved Dec. 30, 2013. {{cite web}}: Check date values in: |accessdate= and |date= (help)
  4. ^ Maureen Farrell (Jan. 4, 2013). "Hedge funds win big with subprime mortgages". CNN Money. Retrieved Dec. 30, 2013. {{cite web}}: Check date values in: |accessdate= and |date= (help)
  5. ^ "Hedge Fund - Pine River Capital Management". Insider Monkey. Retrieved Dec. 30, 2013. {{cite web}}: Check date values in: |accessdate= (help)
  6. ^ Karen Hube (Dec. 24, 2011). "Cleaning Up In Mortgages". Barron's. Retrieved Dec. 30, 2013. {{cite web}}: Check date values in: |accessdate= and |date= (help)
  7. ^ Irwin Speizer (Jun. 4, 2013). "Can Mortgage Mavens Pine River Find Success in Other Markets?". Institutional Investor's Alpha. Retrieved Dec. 30, 2013. {{cite web}}: Check date values in: |accessdate= and |date= (help)
  8. ^ "Hedge Fund Industry Awards". Institutional Investor. Retrieved Dec. 30, 2013. {{cite web}}: Check date values in: |accessdate= (help)
  9. ^ {{cite journal | url = http://www.iijournals.com/doi/abs/10.3905/JSF.2009.15.3.073?journalCode=jsf#sthash.8N39Uvww.dpbs
  10. ^ . Structured Finance News http://www.structuredfinancenews.com/news/-199076-1.html. Retrieved 6 Jan. 2014. {{cite web}}: Check date values in: |accessdate= (help); Missing or empty |title= (help)
  11. ^ a b "The Billion Dollar Interview". Eureka Hedge. March 2011. Retrieved Dec. 30, 2013. {{cite web}}: Check date values in: |accessdate= (help)
  12. ^ "Pine River Capital Management L.P." Retrieved Dec. 30, 2013. {{cite web}}: Check date values in: |accessdate= (help)
  13. ^ "Company Overview". Two Harbors Investment Corp. Retrieved Dec. 30, 3013. {{cite web}}: Check date values in: |accessdate= (help)
  14. ^ "Silver Bay Realty Trust Corp. Announces Pricing of Initial Public Offering" (PDF). Silver Bay. Retrieved Dec. 30, 2013. {{cite web}}: Check date values in: |accessdate= (help)
  15. ^ "30 Under 30: Finance". Forbes. Retrieved Dec. 30, 2013. {{cite web}}: Check date values in: |accessdate= (help)