Farallon Capital Management

Farallon Capital Management, LLC is a global investment management firm that specializes in a range of investment strategies, including credit, real estate, value, and event-driven investing. Founded in 1986 by Thomas Steyer, the firm is headquartered in San Francisco, California, with additional offices in Singapore, London, and other major financial centers. Farallon Capital is known for its research-driven and opportunistic investment approach, seeking to achieve attractive risk-adjusted returns for its clients.

Here are some key aspects of Farallon Capital in detail:

1. Investment strategies: Farallon Capital manages a diverse range of investment strategies, including credit (both public and private), real estate, value, and event-driven investing. The firm employs a research-intensive approach, using deep fundamental analysis to identify mispriced securities and investment opportunities across various asset classes and geographies.
2. Risk management: Risk management is a crucial component of Farallon Capital's investment process. The firm maintains a strong focus on capital preservation and employs a robust risk management framework, monitoring and managing risk at multiple levels, including individual positions, portfolios, and the overall firm.
3. Assets under management (AUM): Farallon Capital managed approximately $30 billion in assets under management (AUM), although the current AUM may have changed since then. The firm manages assets for a diverse range of clients, including institutional investors, pension funds, endowments, foundations, and high-net-worth individuals.
4. Leadership: Farallon Capital's leadership team comprises experienced investment professionals, many of whom have been with the firm for an extended period. The team is responsible for overseeing various aspects of the firm's investment process, risk management, and operations.
5. Founder: Thomas Steyer founded Farallon Capital in 1986. He is an American hedge fund manager, philanthropist, environmentalist, and political activist. Steyer left Farallon Capital in 2012 to focus on political and philanthropic activities. He is a notable supporter of various environmental causes and founded NextGen America, a nonprofit organization focusing on environmental advocacy, voter registration, and political activism.
6. Reputation: Farallon Capital is well-regarded in the investment management industry for its research-driven and opportunistic investment approach. The firm has a reputation for successfully navigating various market environments and delivering consistent risk-adjusted returns for its clients.

In summary, Farallon Capital Management, LLC is a global investment management firm that specializes in a range of investment strategies, including credit, real estate, value, and event-driven investing. Founded in 1986 by Thomas Steyer, the firm is known for its research-driven and opportunistic investment approach, seeking to achieve attractive risk-adjusted returns for its clients. With a strong focus on risk management and capital preservation, Farallon Capital has built a reputation for successfully navigating various market environments and delivering consistent performance for its clients.