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Rithm Capital
Rithm Capital Corp. (Rithm) is an American investment management company headquartered in New York that focuses on real estate and alternative investments. Background On May 16, 2013, Newcastle Investment Corp, a real estate investment trust (REIT) under Fortress Investment Group spunoff its residential mortgage related assets into a new REIT named New Residential Investment Corp. New Residential was listed on the New York Stock Exchange under the ticker 'NRZ' and would focus on investments related to mortgage servicing rights (MSR). There was a management agreement between New Residential and Fortress which stated Fortress would act as New Residential's manager and was entitled to 25% of the funds from operations as well as any profits from the sale of assets. In September 2013, Fortress hired Michael Nierenberg, Bank of America's head of global mortgages and securitized products to run New Residential. In February 2015, New Residential acquired Home Loan Servicing Soluti ...
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Public Company
A public company is a company whose ownership is organized via shares of share capital, stock which are intended to be freely traded on a stock exchange or in over-the-counter (finance), over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listing (finance), listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states and so have associations and formal designations, which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation, though a corporation need not be a public company. In the United Kin ...
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Soros Fund Management
Soros Fund Management is a privately held American investment management firm. It is currently structured as a family office, but formerly was a hedge fund. The firm was founded in 1970 by George Soros and, in 2010, was reported to be one of the most profitable firms in the hedge fund industry, averaging a 20% annual rate of return over four decades. It is headquartered at 250 West 55th Street in New York City. As of 2023, Soros Fund Management, LLC had US$25 billion in AUM. Overview Soros Fund Management is the primary adviser for the Quantum Group of Funds; a family of funds in international investments. The company invests in public equity and fixed income markets worldwide, as well as foreign exchange, currency, and commodity markets, and private equity and venture capital funds. The company is reported to have significant investments in transportation, energy, retail, financial, and other industries. Robert Soros stepped down as deputy chairman and president in June ...
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Companies Listed On The New York Stock Exchange
Companies listed on the New York Stock Exchange are in the following lists, alphabetically. * Companies listed on the New York Stock Exchange (0–9) * Companies listed on the New York Stock Exchange (A) * Companies listed on the New York Stock Exchange (B) * Companies listed on the New York Stock Exchange (C) * Companies listed on the New York Stock Exchange (D) * Companies listed on the New York Stock Exchange (E) * Companies listed on the New York Stock Exchange (F) * Companies listed on the New York Stock Exchange (G) * Companies listed on the New York Stock Exchange (H) * Companies listed on the New York Stock Exchange (I) * Companies listed on the New York Stock Exchange (J) * Companies listed on the New York Stock Exchange (K) * Companies listed on the New York Stock Exchange (L) * Companies listed on the New York Stock Exchange (M) * Companies listed on the New York Stock Exchange (N) * Companies listed on the New York Stock Exchange (O) * Companies listed ...
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American Companies Established In 2013
American(s) may refer to: * American, something of, from, or related to the United States of America, commonly known as the "United States" or "America" ** Americans, citizens and nationals of the United States of America ** American ancestry, people who self-identify their ancestry as "American" ** American English, the set of varieties of the English language native to the United States ** Native Americans in the United States, indigenous peoples of the United States * American, something of, from, or related to the Americas, also known as "America" ** Indigenous peoples of the Americas * American (word), for analysis and history of the meanings in various contexts Organizations * American Airlines, U.S.-based airline headquartered in Fort Worth, Texas * American Athletic Conference, an American college athletic conference * American Recordings (record label), a record label that was previously known as Def American * American University, in Washington, D.C. Sports teams S ...
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2013 Establishments In New York (state)
Thirteen or 13 may refer to: * 13 (number) * Any of the years 13 BC, AD 13, 1913, or 2013 Music Albums * ''13'' (Black Sabbath album), 2013 * ''13'' (Blur album), 1999 * ''13'' (Borgeous album), 2016 * ''13'' (Brian Setzer album), 2006 * ''13'' (Die Ärzte album), 1998 * ''13'' (The Doors album), 1970 * ''13'' (Havoc album), 2013 * ''13'' (HLAH album), 1993 * ''13'' (Indochine album), 2017 * ''13'' (Marta Savić album), 2011 * ''13'' (Norman Westberg album), 2015 * ''13'' (Ozark Mountain Daredevils album), 1997 * ''13'' (Six Feet Under album), 2005 * ''13'' (Suicidal Tendencies album), 2013 * ''13'' (Solace album), 2003 * ''13'' (Second Coming album), 2003 * 13 (Timati album), 2013 * ''13'' (Ces Cru EP), 2012 * ''13'' (Denzel Curry EP), 2017 * ''Thirteen'' (CJ & The Satellites album), 2007 * ''Thirteen'' (Emmylou Harris album), 1986 * ''Thirteen'' (Harem Scarem album), 2014 * ''Thirteen'' (James Reyne album), 2012 * ''Thirteen'' (Megadeth album), 2011 * ...
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Daniel Och
Daniel Och (born 27 January 1961) is an American billionaire Hedge fund, hedge fund manager, and philanthropist. He is the founder, chairman and former CEO of Och-Ziff Capital Management, a global hedge fund and alternative asset management firm. According to ''Forbes'' he has a net worth of US$3.6 billion, as of August 2021. Early life and education Och is Jewish, the son of Golda and Dr. Michael Och.New Jersey Jewish News: "Schechter school mourns founder Golda Och, 74"
January 13, 2010
Och grew up in Maplewood, New Jersey and attended the Solomon Schechter Day School of Essex and Union (since renamed Golda Och Academy, in honor of his mother) in West Orange, New Jersey, a Jewish day school founded by his parents. In De ...
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Avenue Capital Group
Avenue Capital Group is an American multinational investment firm focusing on distressed securities and private equity with regional teams focusing on opportunities in the United States, Europe and Asia. The firm operates as both a private equity firm and as a hedge fund. Avenue's core strategy is focused on distressed debt and equity securities although the firm also manages investment funds that focus on long-short opportunities, real estate, and collateralized debt obligations. The firm manages assets valued at approximately $9.5 billion. The firm was founded by former professionals of Amroc Investments, an affiliate of the Robert M. Bass Group. The firm is headquartered in New York City, with offices in London, Luxembourg, Munich, Beijing, Hong Kong, New Delhi and Singapore. The firm has established an institutional-quality infrastructure in terms of accounting, compliance legal, investor relations, and information technology capabilities. Avenue has approximately 220 em ...
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Pershing Square Capital Management
Pershing Square Capital Management is an American hedge fund management company founded and run by Bill Ackman, headquartered in New York City. Company history In 2004, Ackman started Pershing Square Capital Management with $54 million in funding from his personal funds and a seed investment from Leucadia National. In October 2014, Ackman launched a UK-based closed-end fund, Pershing Square Holdings, on the Amsterdam Stock Exchange. Investment history Pershing has launched activist campaigns against McDonald's, Wendy's, and Herbalife. In 2005, Pershing bought a significant share in fast food chain Wendy's International and successfully pressured them to sell off its Tim Horton's donut chain. Wendy's spun off the Canada, Canadian restaurant donut chain through an IPO in 2006 and raised $670 million for Wendy's investors. After Ackman sold his shares at a substantial profit after a dispute over executive succession, the stock price collapsed, raising criticism that the sale of ...
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Saba Capital Management
Saba Capital Management (Saba) is a credit relative value focused hedge fund firm established in 2009. It also has strategies in tail hedge, closed-end funds and SPACs. History Launch Boaz Weinstein was head of a credit proprietary trading group at Deutsche Bank and had gained a lot of experience trading credit default swaps (CDS). In 2006, Weinstein struck an agreement with Anshu Jain where they would move out the group in 2009. In preparation, Weinstein named the group Saba Principal Strategies. ''Saba'' is a Hebrew word meaning "grandfather" and is a tribute to Weinstein's grandfather, a survivor of the Warsaw Ghetto during World War II. In early 2009, Weinstein had left the bank along with 15 members of his team to spin-off the group as a new entity named Saba Capital Management based out of the Chrysler Building in Manhattan. Weinstein was also able to take all of the intellectual property, including trading systems and analytics that the group developed while at ...
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Värde Partners
Värde Partners (Värde) is an American alternative investment management firm headquartered in Minneapolis, Minnesota. The firm focuses on investments in credit-related assets and distressed securities although it has also expanded into other areas of alternative investments including real estate. Outside the United States, the firm has offices in Luxembourg, London, Mumbai and Singapore. Background Värde Partners was founded in 1993 by three former Cargill financial executives, George Hicks, Marcia Page and Greg McMillan. Värde gets its name from the Swedish word for value. Värde originally started as a hedge fund that focused on distressed securities and grew slowly in its early years before expanding into other alternative investments. It has been viewed as a much lower profile firm compared to others such as Kohlberg Kravis Roberts, The Carlyle Group and Apollo Global Management, and Hicks has stated the firm's intention is to "do a good job and be a great place to ...
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Institutional Investor
An institutional investor is an entity that pools money to purchase securities, real property, and other investment assets or originate loans. Institutional investors include commercial banks, central banks, credit unions, government-linked companies, insurers, pension funds, sovereign wealth funds, charities, hedge funds, real estate investment trusts, investment advisors, endowments, and mutual funds. Operating companies which invest excess capital in these types of assets may also be included in the term. Activist institutional investors may also influence corporate governance by exercising voting rights in their investments. In 2019, the world's top 500 asset managers collectively managed $104.4 trillion in Assets under Management (AuM). Institutional investors appear to be more sophisticated than retail investors, but it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses ...
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Goldman Sachs
The Goldman Sachs Group, Inc. ( ) is an American multinational investment bank and financial services company. Founded in 1869, Goldman Sachs is headquartered in Lower Manhattan in New York City, with regional headquarters in many international financial centers. Goldman Sachs is the second-largest investment bank in the world by revenue and is ranked 55th on the ''Fortune'' 500 list of the largest United States corporations by total revenue. In the Forbes Global 2000 of 2024, Goldman Sachs ranked 23rd. It is considered a systemically important financial institution by the Financial Stability Board. Goldman Sachs offers services in investment banking (advisory for mergers and acquisitions and restructuring), securities underwriting, prime brokerage, asset management, and wealth management. It is a market maker for many types of financial products and provides clearing and custodian bank services. It operates private-equity funds and hedge funds. It structures complex and ...
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