Davidson Kempner Capital Management LP (often known by the short form Davidson Kempner) is a global institutional alternative investment management firm with over $36 billion in assets under management.[5][6] Davidson Kempner is headquartered in New York City, with additional offices in London, Hong Kong, Dublin, Philadelphia, Shenzhen and Mumbai.[7][8][9] The firm is led by Anthony A. Yoseloff who serves as Executive Managing Member and Chief Investment Officer.[10]

Quick Facts Company type, Industry ...
Davidson Kempner Capital Management LP
Company typeLimited Partnership
IndustryInvestment management firm
FoundedMay 1983; 41 years ago (1983-05)
FounderMarvin H. Davidson
Headquarters520 Madison Avenue, New York, New York[1][2]
Area served
Worldwide
Key people
Anthony A. Yoseloff (Executive Managing Member)
AUMUS$36 billion (2023)[3]
Number of employees
500 (March 2023)[4]
Websitedavidsonkempner.com
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As of June 30, 2022, Davidson Kempner was ranked as the 8th largest hedge fund in the world.[11]

Davidson Kempner has approximately 500 employees in the firm’s seven offices.[4] The firm is headquartered at 520 Madison Avenue in New York, New York.[5][12]

History

Davidson Kempner was founded in May 1983 by Marvin H. Davidson and was initially named M.H. Davidson & Co.[13] Thomas L. Kempner Jr. joined the firm in December 1984 and was promoted to partner in 1986 and appointed to executive managing member in January 2004.[14] The firm opened to outside capital in 1987 and was registered as an investment adviser with the U.S. Securities and Exchange Commission in 1990.[12][15] Michael J. Leffell joined in 1988 and became Deputy Executive Managing Member, where he co-managed the Distressed Securities investment strategy for 20 years.[16]

Anthony A. Yoseloff joined in August 1999 and became a managing member in January 2004. Yoseloff became co-deputy executive managing member in January 2012, and co-executive managing member with Kempner as of January 1, 2018.[citation needed] Kempner retired at the end of 2019.[17]

Investment strategies

Davidson Kempner employs a bottom-up, fundamental method of investing with an event driven focus and a multi-strategy approach.[13][18]

The firm invests globally in a variety of credit and equity strategies as well as real assets.

Management

Anthony A. Yoseloff is Executive Managing Member and Chief Investment Officer at Davidson Kempner Capital Management.[19][20] Yoseloff serves on the Board of Trustees of Princeton University and is a member of the Board of Directors of PRINCO, the investment manager of the Princeton University endowment. Yoseloff also serves as a member of the Board of Trustees and on the investment committee of The New York Public Library as well as a member of the Board of Trustees and Vice Chair of the investment committee at New York-Presbyterian. He is a member of the Council on Foreign Relations.[19][21][22]

The firm has 13 managing members.[23]

References

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