GoldenTree Asset Management

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GoldenTree Asset Management is an American asset management firm that was founded in 2000. The firm has its headquarters in New York City and offices in London and Singapore.[1]

History[edit]

The firm was founded in 2000 by Steven A. Tananbaum.[2] As of September 2016, the firm has over $24 billion of assets under management. GoldenTree has over 220 employees of which 26 are partners.[3] The firm is ranked in Bloomberg’s 100 Top-Performing Large Hedge Funds.[4]

Investments[edit]

On 16 November 2018 Johnston Press announced it was filing for administration, intending to sell its assets to its creditors,[5] the largest creditor with about £70m of bonds, being Goldentree Asset Management. [6][7]

Investment Strategy[edit]

GoldenTree is a global credit manager that specializes in credit opportunities across high yield bonds, leveraged loans, distressed, structured products and emerging markets debt.[8] GoldenTree manages over $24 billion for institutional investors including public and corporate pensions, endowments, foundations, and sovereign wealth funds.[9]

References[edit]

  1. ^ "Our Firm". GoldenTree Asset Management. Retrieved November 24, 2016.
  2. ^ "Hedge Fund - GoldenTree Asset Management". Insider Monkey. September 30, 2016.
  3. ^ "GoldenTree Asset Management". LinkedIn. Retrieved November 21, 2016.
  4. ^ "The 100 Top-Performing Large Hedge Funds". Bloomberg L.P. January 4, 2013.
  5. ^ "Johnston Press announces intention to file for administration".
  6. ^ Garrahan, Matthew; Wells, Peter. "Troubled Johnston Press agrees administration deal with lenders". The Financial Times.
  7. ^ "Johnston Press announces irescue plan".
  8. ^ "Strategies". GoldenTree Asset Management. Retrieved November 24, 2016.
  9. ^ Sam Forgione (November 17, 2016). "GoldenTree's Tananbaum bullish on Puerto Rico bonds into 2017". Reuters.

External links[edit]