GoldenTree Asset Management
{{short description|American asset management firm}}
{{Infobox company
| name = GoldenTree Asset Management
| logo = GoldenTree logo 2022.jpg
| type = Privately held
| traded_as =
| industry = Asset Management
| foundation = {{Start date|2000}}
| founder = Steven Tananbaum
| location_city = New York, New York
| location_country =
| key_people = Steve Tananbaum (Chief Investment Officer), Barry Ritholz (General counsel until 2021)
| services =
| aum = US $47 billion (2022){{cite web| title=GoldenTree affiliate raises nearly $500m in latest CLO|url=https://www.alternativeswatch.com/2022/07/28/goldentree-loan-management-ii-glm-us-clo-14/|publisher=Alternatives Watch}}
| owner =
| num_employees = 270
| divisions =
| homepage =
| footnotes =
| bodystyle =
}}
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 West Palm Beach, Florida, Charlotte, North Carolina, Dublin, London, Singapore, Sydney, Tokyo, and Dubai.{{cite web |url=https://www.bloomberg.com/news/articles/2022-05-19/goldentree-eyes-1-5-billion-for-debut-private-credit-fund
|title=GoldenTree Is Making Its Biggest Bet Yet on Private Credit With $1.5 Billion Fund|publisher=Bloomberg|access-date=May 19, 2022}}{{Cite web |last= |first= |date=2023-02-28 |title=GoldenTree Asset Management to set up new office in Dubai |url=https://www.privatebankerinternational.com/news/goldentree-asset-management-dubai/ |access-date=2024-06-19 |website=Private Banker International |language=en-US}}
History
The firm was founded in 2000 by chief investment officer Steven Tananbaum.{{cite web |url=https://www.businessinsider.com/tananbaum-goldentree-new-general-counsel-roman-bejger-barry-ritholtz-retiring-2021-3 |title=GoldenTree Asset Management's longtime top lawyer is retiring, and the firm has a new general counsel picked out|publisher=Business Insider|date=March 22, 2021}} In 2013, the firm was ranked in Bloomberg's 100 Top-Performing Large Hedge Funds.{{Cite web |date=January 4, 2013 |title=The 100 Top-Performing Large Hedge Funds |url=https://www.bloomberg.com/news/2013-01-03/the-100-top-performing-large-hedge-funds.html |publisher=Bloomberg L.P.}}
As of 2021, GoldenTree had over 270 employees.{{cite web| title=GoldenTree Announces Closing of $390 Million CLO Under GLM Strategy|url=https://www.benzinga.com/pressreleases/22/08/b28533749/goldentree-announces-closing-of-390-million-clo-under-glm-strategy|publisher=Benzinga}}
Investment strategy
GoldenTree is a global credit manager that focuses on credit opportunities across high-yield bonds; leveraged loans; distressed, structured products; and emerging markets debt.{{Cite web |last=Schatzker |first=Erik |title=Tananbaum’s GoldenTree Attacks Volatility Era With Crypto Play |url=https://www.bloomberg.com/news/articles/2022-03-02/tananbaum-s-goldentree-attacks-volatility-era-with-crypto-play?sref=qOsGM6Py&leadSource=uverify%20wall |date=March 2, 2022 |website=Bloomberg}} In 2022, GoldenTree added cryptocurrency investing to its asset classes under management. It is one of the world’s largest independent asset managers focused on credit.{{Cite web |title=GoldenTree Asset Management - Harvest |url=https://www.hvst.com/page/goldentree-asset-management |access-date=2024-11-19 |website=www.hvst.com}}
GoldenTree manages over $47 billion for institutional investors including public and corporate pensions, endowments, foundations, and sovereign wealth funds.{{Cite web|last=Ghosh|first=Palash|title=GoldenTree Asset Management brings on principal |url=https://www.pionline.com/money-management/goldentree-asset-management-brings-chad-plotke-principal|date=July 10, 2023 |website=Pensions & Investments}}
References
{{reflist|30em}}
External links
- [https://www.goldentree.com/ Official website]
{{DEFAULTSORT:GoldenTree Asset Management}}
Category:Investment management companies of the United States
Category:American companies established in 2000
Category:2000 establishments in New York City