Fund Of Hedge Funds Firm PAAMCO Names Three New Partners

Jan 8 2013 | 5:35am ET

Fund of hedge funds firm Pacific Alternative Asset Management Company has named Jim Meehan, Scott Warner and David Weinberger as partners.

According to the firm, which manages US$ 8.5 billion on behalf of institutional investors, these promotions highlight the firm’s focus on developing its employee-ownership and ongoing succession plan.

Commenting on the appointments, PAAMCO CEO Jane Buchan said, “Jim, Scott and David have made a huge contribution to the 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.”

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.

Warner joined PAAMCO in 2006 after completing an MBA 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.

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.

PAAMCO is a leading independent fund of hedge funds investment firm, dedicated to offering strategic alternative investment solutions to the world’s preeminent investors. Since its founding in 2000, PAAMCO has focused on investing in hedge funds on behalf of its clients while striving to raise the standard for industry-wide best practices. Headquartered in Irvine, California, with a European office in London, and an Asian office in Singapore, PAAMCO has clients that include large public and private pension funds, sovereign wealth funds, foundations, endowments and financial institutions.


In Depth

Q&A: Neil Azous Talks Global Macro Investing

Nov 24 2014 | 12:41pm ET

Neil Azous is the founder and managing member of Rareview Macro, an advisory firm...

Lifestyle

Griffin Selling Chicago Apartment

Nov 26 2014 | 11:40am ET

Citadel Investment Group’s Kenneth Griffin is making clear to his estranged wife...

Guest Contributor

Why The Big Money Is Going To Europe

Nov 14 2014 | 6:03am ET

Peer-to-peer lending was invented with the individual investor in mind. But despite...

 

Sponsored Content

    For Hedge Funds, Mastering Data Is Key To Success

    Nov 4 2014 | 9:45am ET

    Data management is important to every business, but for hedge funds, it is critical. FINalternatives recently asked Peter Sanchez, CEO of Northern Trust Hedge Fund Services, how fund managers can deal with the demands of managing data while at the same time remain transparent and abide by operational best practices. Read more…

Editor's Note

    Guidelines for Guest Articles

    Oct 22 2014 | 9:46am ET

    We are always looking for guest articles from hedge fund managers and buy-side firms.

    If you are interested in submitting a contributed piece for possible publication on FINalternatives, please take a look at the specs. Read more…

 

Futures Magazine

November 2014 Cover

Building a better market

Reg NMS created a huge bifurcation in equity markets and while much of what has followed has been positive, in terms of lower fees and greater liquidity, many traders would like to see the market come...

The Alpha Pages

TAP July/August 2014 Cover

The Alpha Pages Interview: Senator Rand Paul

Senator Paul sat down in the debut series of the Alpha Pages Interview to discuss the broken tax code, regulation surrounding Bitcoin, and his plans for the 2016 Presidential election.