[8] Media Coverage After a year-long trial period, the public announcement of Portfolios with Purpose was conducted on June 20, 2012. NEW YORK: 10017: 212-257-6066 PERMIAN INVESTMENT PARTNERS, LP Top 13F Holdings . Duran and Hendrickson also have the largest exposure to Sealed Air Corp (NYSE:SEE), their second top pick. Aston Martin will also receive a 125m investment in new shares from Zelon Holdings, the investment office of an unnamed European family, the hedge fund Permian Investment Partners, as well as . Any changes made can be done at any time and will become effective at the end of the trial period, allowing you to retain full access for 4 weeks, even if you downgrade or cancel. An investor who invested $10,000 in Warren Buffetts hedge fund at the beginning of 1957 saw his capital turn into $103,000 before fees and $64,100 after fees (this means Warren Buffett made more than $36,000 in fees from this investor). Funds however do their own analyses of these companies, devouting great time and energy to any company they are interested in investing in. Permian Investment Partners is based out of New York. Permian Investment Partners (Permian) is a hedge fund management firm based in New York. [6] In November 2011, Permian was among several large shareholders to publicly oppose Sun Pharmaceuticals' offer to acquire Taro Pharmaceuticals.[7]. SmartAsset does not Duran is an employee of Permian. Permian was launched with seed capital from New York-based Privet Capital LLC, a investment management firm led by Lawrence Flinn, Jr., a former investment banker who made a fortune in the satellite broadcast business. A Professional theme for architects, construction and interior designers It has been registered with the SEC as an adviser since 2011 and has operated in the jurisdictions of Texas and Utah. Company Information. profile-compliance@smartasset.com. His research lab includes several shock tubes with non-intrusive optical diagnostics and a computer cluster for computational fluid dynamics. The firm was founded in Q1 of 2008 by Alex Duran, Scott Hendrickson, and Joseph Swain. Alex Duran. Their last reported 13F filing for Q4 2022 included $572,109,335 in managed 13F securities and a top 10 holdings concentration of 99.69%. review the ongoing performance of any Adviser, participate in the management of any users account by Permian Investment Partner,managed byAlex Duran and Scott Hendricksonis one of the most recent funds added to our database and its showed its investing acumen immediately, ranking as the 27th Alex Duran, Scott Hendrickson, and Cara Goldenberg in 2008 with backing from Privet Capital. . ad*****@permianlp.com +1*****75. Whalewisdom has at least 38 13F filings, and 6 13G filings. See Photos. Our Standards: The Thomson Reuters Trust Principles. Showing 5 of 5 hedge funds managed by Permian Investment Partners, Showing 5 of 14 known investors in Permian Investment Partners funds. organisation The site, in time, will also feature the biographies of Alex Duran and Scott Hendrickson, co-founders and partners of Permian Investment Partners. Permian Investment Partners Has A Thing or Two To Teach You About Investing, managed byAlex Duran and Scott Hendrickson, How to Best Use Insider Monkey to Increase Your Returns, 6 Things You Didn't Know About Hedge Funds. Find your friends on Facebook. NEW YORK, May 2, 2017 /PRNewswire/ -- In conjunction with Columbia Business School's Applied Value Investing Program, Scott Hendrickson and Alex Duran of Permian Investment Partners are. We do not manage client funds or hold custody of assets, we help users connect with relevant financial Log In. Permian Investment Partners, LP is a Delaware limited partnership and is currently registered with the U.S. Securities and Exchange Commission as an investment adviser. Permian Investment Partners is a hedge fund founded in 2007 by then founder Cara Goldenberg, and joined by copartners Alex Duran and Scott Hendrickson in 2008 prior to the firm's launch. Permian Investment Partners is a hedge fund founded in 2007 by then founder Cara Goldenberg, [2] and joined by co-partners Alex Duran and Scott Hendrickson in 2008 prior to the firm's launch. Goldenbergs date with Buffett was first reported by Bloombergs BusinessWeek magazine. For cost savings, you can change your plan at any time online in the Settings & Account section. Erika Mceneny. The advisor you selected is no longer registered or their profile has otherwise been removed. It has $3 billion in assets across its nine client accounts, placing it among the biggest firms in the United States by assets under management. Alex Durn. 295 Madison Avenue, 34th Floor, New York, NY 10017, For more information: ir@permianlp.com | 212.257.6080. Scott Hendrickson graduated from Columbia Business School in 2007. Permian Investment Partners ("Permian") is a global, predominantly Western European, long/short equity fund focused on management change and management quality. Bloomberg Surveillance, covering the latest news in finance, economics and investments. seconds. We give you the access and tools to invest like a Wall Street money manager at a Main Street price. financial advisors nearby, we ask you a series of questions about your retirement plans, life We still like this investment. The Company offers wealth management, securities, analysis, investment strategies, financial planning, and advisory services. Alex Duran. This profile may include a firm or advisor that has a business relationship with SmartAsset, in Greenwald, Columbia Business School ; Scott Hendrickson '07, Permian Investment Partners; Ryan Heslop, Firefly Value Partners; Jan Hummel, Paradigm . Nehal Chopra also rode Endo International plc (NASDAQ:ENDP) to big Q1 returns for her own fund, Tiger Ratan. This is Aalto. Its name is derived from the Permian geological period. Despite her limited track record, it has not taken Goldenberg long to start living the life of a rich and famous hedge fund manager. Alex Duran is the Permian Investment Partners at Permian Investment Partners based in New York City, New York. These services are important to managers of alternative investment funds from both financial- and legislative . OriginalWhaleScore Alex Duran, Permian's co-founder and portfolio manager, said that his firm has "immense confidence" in Sir Martin and S4's chief growth officer Scott Spirit's "operational and . You have been idle and will be logged out in [3] Its offices are currently located at 295 Madison Avenue, New York NY. Flinn, who wasnt available for comment, also earned a degree from Yale. ICM Partners is one of the world's leading talent agencies, representing clients across the entertainment world, including film, television, music, books, theater, broadcast, commercials, licensing, live entertainment, cinematography and costume design. Another Tiger Cub had the second-greatest exposure after Permian Investment Partners, this time being Jesse Ro of Tiger Legatus Capital, while billionaire Andreas Halvorsen opened a large new position in Sealed Air Corp (NYSE:SEE) during the fourth quarter. [3] Its offices are currently located at 295 Madison Avenue, New York NY. FINRA. Alex Duran is currently the Portfolio Manager and co-Managing Partner of Permian Investment Partners. are not responsible for its accuracy. Track the AUM, funds, and holdings for Permian Investment Partners LP over time. Sign Up. SEC form, multiple filers or classes of filers, and much more.***. Only includes UK, France, Germany, Japan, and HKEX are presently being processed. Website. S&P 500 Index generated an average annual compounded return of only 9.2% during the same 10-year period. Showing 5 of 7 known decision makers at Permian Investment Partners, Preqin screens the most influential contacts in alternatives, so you only reach the key decision makers. firm, and financial professionals and firms having business relationships with SmartAsset receive Our matching tool simplifies the process of finding a financial advisor. View the latest funds and 13F holdings. platform based on information gathered from users through our online questionnaire. Location. . Brahman Capital is a multi-billion dollar hedge fund that was founded over twenty years ago. Between 1957 and 1966 Warren Buffetts hedge fund returned 23.5% annually after deducting Warren Buffetts 5.5 percentage point annual fees. View Brian Kelly's business profile as Senior Analyst at Permian Investment Partners, LP. A spokesman for Buffett's Berkshire Hathaway Inc BRKa.N did not return a phone call. Alex Duran Co-Founder & Partner Permian Investment Partners New York, NY, USA Login to View Email Login to View Phone Number Login to View Website Follow Industry Role: Specialty/Type: Bio (Login for professional bio) Investor Intelligence Exclusively for: Qualified Investors and Knowledgeable Industry Participants Join Now The second largest stake is held by Alex Duran and Scott Hendrickson of Permian Investment Partners, with a $306.6 million position; the fund has 31.7% of its 13F portfolio invested in the stock. Our matching tool has connected more individuals with financial advisors Mark Rosenbaum, Privets president and chief investment officer, said of Goldenberg: I think she is a terrific investor and I have a lot confidence in her and her team. Fund # 805-3144362450: CIK # 0001640570: Sale: 2015-05-01 ($501.0 MM Sold) Fund: Other Private Fund email address below and choose 'Submit'. Sign-up By Investment Industry. is registered with the U.S. Securities and Exchange Commission as an investment adviser. an Adviser or provide advice regarding specific investments. or. Connect with intelligence. We initially share this idea in October 2018 and the stock already returned more than 150%. This will schedule a job to export all requested 13f holdings data for this filer. We use Permian Investment Partners is a hedge fund founded in 2007 by then founder Cara Goldenberg,[2] and joined by co-partners Alex Duran and Scott Hendrickson in 2008 prior to the firm's launch. BOSTON/NEW YORK, Feb 12 (Reuters) - Hedge fund manager Cara Goldenberg promises to always out-hustle the competition, and she appears to have done exactly that when she went from unknown stock picker to Warren Buffetts dinner date. University of Illinois Foundation; Bruce C.N. Turnover is calculated by taking the # of new holdings (initial purchases) + the # of positions sold out of (not just reduced) divided by the total # of holdings for the quarter. This is Aalto. All text and design is copyright 2020 WhaleWisdom.com. Permian Investment Partners +1 (212) 257-6067 Email > Visit website News Center PRWeb Questions about a news article you've read? A. ? the MV of securities sold, whichever is less, Please note, this website is not meant to serve as a marketing device. Founded by Alex Duran & Scott Hendrickson, Permian Investment Partners is a Western European, long/short equity fund focused on management. That is evident from the results of our small-cap strategy, which has returned more than 137% through the end of March, since it was launched at the end of August 2012, with the market returning just 54.7% over the same period. But the most impressive part of its space program is its cost-effectiveness. Cara Goldenberg left her role in 2012 to pursue other career opportunities. Reporting by Svea Herbst-Bayliss and Matthew Goldstein; Editing by Richard Chang. Currently working as Partner at Permian Investment Partners in New york, United States. Warren Buffett never mentions this but he is one of the first hedge fund managers who unlocked the secrets of successful stock market investing. The team peppers its marketing material and investment letters with what could be described as cliches. Permian Investment Partner, managed by Alex Duran and Scott Hendrickson is one of the most recent funds added to our database and it's showed its investing acumen immediately, ranking as. business relationships that might exist between SmartAsset and the named financial professional and You can get rich by returning 20% per year and compounding that for several years. divided by the total MV of the fund. Information on current and former positions, network members and contacts for Alex Duran. Alex Duran (Alex) See Photos. According to Permian Investment Partners' website "the companys investment philosophy is to target absolute returns across market cycles through the implementation of a Western European-focused, value-oriented and event-driven equity long/short strategy". Alex Duran. Cara Goldenberg left her role in 2012 to pursue other career opportunities. offers FT membership to read for free. Wealthminder helps individuals research and connect with financial advisors available to meet their needs. Unlike other government space organizations, India's agency is extremely efficient, with the lowest cost-per-kilogram in the industry. than any other service in the U.S. Our services are in the fields of compliance and risk management, fund structuring-, establishment and registration, accounting and reporting and liquidity management. Using our returns metric, Permianhad weighted average returns of 14.9% from its nine reported long positions in companies with market-caps of greater than $1 billion. Duran is registered to serve investors in Texas. Certified Financial Planner Board of Standards, Inc. (CFP Board) owns the certification marks CFP and CERTIFIED FINANCIAL PLANNER in the United States, This page contains links to SmartAssets financial advisor matching tool, which may or may not Actually Warren Buffett failed to beat the S&P 500 Index in 1958, returned only 40.9% and pocketed 8.7 percentage of it as fees. Sealed Air Corp (NYSE:SEE), which operates in the food safety, hygiene, and packaging industries, returned a solid 7.68% during the first quarter after posting a very positive earnings report in early February, with earnings per share more than doubling to $0.31. Mr. Duran is the Portfolio Manager and a co-founding partner of Permian Investment Partners. Reach out to the author:contact and available social following information is listed in the top-right of all news releases. shalimar paints share price The firm was founded in 2007 by Cara Goldenberg and joined by co-partners Alex Duran and Scott Hendrickson in 2008 prior to its launch. You may change or cancel your subscription or trial at any time online. and a top 10 holdings concentration of 99.69%. Find Alex Duran's accurate email address and contact/phone number in Adapt.io. The authenticity of the photograph could not be independently verified. . The named financial professional and firm have not reviewed, approved, or endorsed this profile and [1] Its name is derived from the Permian geological period. Access effective, reliable, and comparable fund performance data and place your firm or portfolio within the context of the alternative assets market. The competition for investor dollars is fiercer than ever in the $1.5 trillion hedge fund industry in the wake of the worst financial crisis since the Great Depression. Permian Investment Partners Lp is a hedge fund that manages 841.1 MM dollars in regulatory AUM and has 6 employees, of which 4 perform investment advisory functions. which SmartAsset is compensated for lead referrals. Permian Investment Partners, LP is a Delaware limited partnership and is currently registered with the U.S. Securities and Exchange Commission as an investment adviser. Permian was founded in 2008 by partners Alex Duran, Scott Hendrickson and former partner Cara Goldenberg. How do I update this listing? Thats because these stocks tend to be less efficiently priced, as they are not covered extensively by analysts and the average investor has a hard time gathering information on them. 2016 Wealthminder, Inc. All rights reserved. Its offices are currently located at 295 Madison Avenue, New York NY. He launched his hedge fund in 1956 with $105,100 in seed capital. D. your SEC file number: 801-72321. Billionaire John Griffin's Five Picks That Killed the Market This Quarter. They have worked at Permian for the entirety of their career. Alex Duran Girlfriend Boyfriend, Married, Spouse Wife Husband, Instagram Pics, Twitter New Post, Facebook Update, Youtube Video. Answer a few questions andget matched with an advisor. Click here to get matched with an advisor today. According to Permian Investment Partners' website "t. he companys investment philosophy is to target absolute returns across market cycles through the implementation of a Western European-focused, value-oriented and event-driven equity long/short strategy". . For example S&P 500 Index returned 43.4% in 1958. We track a collection of funds because our research has shown their collective top 15 small-cap picks are highly successful, outpacing both their top large-cap picks and the market as a whole. After losing 12.9 percent in 2008 when the average hedge fund sank 19 percent during the height of the financial crisis, Permian came back to gain 13.9 percent last year, according to marketing materials. Alex Duran and Scott Hendrickson try to identify long-term investment ideas by searching for companies with high level management changes that have the potential to increase free cash flowsignificantly. Similar Advisors Kyle M. Eaton CRD# 5009276 Hedgefield Wealth Management John B. Cravens CRD# 2234163 Cravens Brothers Private Wealth Management LLC Mark A. Patton CRD# 2492919 Could psychedelics help? HTTP://WWW.PERMIANLP.COM/ See Photos. Permian Investment Partners ("Permian") is a global, predominantly Western European, long/short equity investment adviser focused on management change and management quality. or Former partner Cara Goldenberg departed the firm in 2012. By Svea Herbst-Bayliss, Matthew Goldstein, * Goldenbergs research thesis won dinner with Buffett. Chief Financial Officer and Chief Compliance Officer at Permian Investment Partners, LP Dallas, Texas, United States. Corporate Innovation Corp Dev and M&A Teams Journalists and Publications. A financial advisor's fee schedules typically are based on which services the firm provides the client. ? S&P 500 Index lost 10.8% in 1957, so Buffetts investors actually thrilled to beat the market by 20.1 percentage points in 1957. in the aforementioned profile. Request a Preqin Pro demo for full access to all profiles and underlying data. [4] Alex Duran. Cara Goldenberg left her role in 2012 to pursue. Work. See Photos. Americas +1 212 318 2000 EMEA +44 20 7330 7500 Asia Pacific +65 6212 1000 Company About Careers Diversity and Inclusion Tech At Bloomberg Philanthropy Sustainability Bloomberg London Bloomberg Beta. All investing involves risk, including Its offices are currently located at 295 Madison Avenue, Alt Turnover is calculated by taking either the total MV of new purchases or This is basically a recipe to generate better returns than Warren Buffett is achieving himself. Permian Investment Partners's largest holding is NRG Energy Inc with shares held of 3,613,625. Permian Investment Partners is a hedge fund founded in 2007 by then founder Cara Goldenberg,[2] and joined by co-partners Alex Duran and Scott Hendrickson in 2008 prior to the firm's launch. By Business Units. loss of principal. Permian Investment Partners Has A Thing or Two To Teach You About Investing, How to Best Use Insider Monkey to Increase Your Returns, 6 Things You Didn't Know About Hedge Funds. Performance Permian Investment Partners ("Permian") is a global, predominantly Western European, long/short equity fund focused on management change and management quality. Subscribe to WhaleWisdom to view all filing data Alex J. Duran is Partner at Permian Investment Partners Lp and has been affiliated with Permian Investment Partners Lp since June-2008. . While the hedge fund industry rebounded nicely last year from a devastating 2008, it remains a tough environment for most newcomers without an outsized reputation to raise money. Permian has a set of services, including portfolio management for pooled investment vehicles and portfolio management for institutional clients. Alex Duran, Permian Investment Partners, LP; Rick Gerson, Falcon Edge Capital; Bruce . Alex is registered in the following Alex Durn (williams) See Photos. Please contribute data. advisors. and other data for a number of reasons, such as keeping FT Sites reliable and secure, Anorexia is the deadliest psychiatric disorder. On the top spot is Endo International plc (NASDAQ:ENDP), which their portfolio has 27.44% exposure to through a position of 891,450 shares valued at $64.29 million. Permian is a registered investment firm that has its headquarters in Dallas, Texas. SmartAsset is not a client of the aforementioned The company has offices in two locations and a total of 11 advisors. A Professional theme for architects, construction and interior designers It manages $1.85 billion of regulatory assets for 8 client accounts. Alex J. Duran: Partner: June-2008: Scott M. Hendrickson: Partner: June-2008: Cara W. Goldenberg: Partner: June-2008: PERMIAN INVESTMENT Brokers, Custodians, Auditors and Administrators. Based on that information, we match you with financial advisors near Permian Investment Partners Lp is a hedge fund that manages 841.1 MM dollars in regulatory AUM and has 6 employees, . View Last Form Adv Compilation Report on Record, LIMIT THE USE OF MY SENSITIVE PERSONAL INFORMATION. That year Buffetts hedge fund returned 10.4% and Buffett took only 1.1 percentage points of that as fees. Compare against similar firms. Whether the so-called Oracle of Omaha agreed to invest any of his billions in Goldenberg's 2-year-old fund firm, Permian Investment Partners, is not clear. You can still enjoy your subscription until the end of your current billing period. The content in this profile was updated by SmartAsset on 04/01/2022 using publicly available data Sorry, no results has been found matching your query. It promises to find a needle-in-a-haystack and turn over an infinite number of stones only to select the most extraordinary 10 -- but so far the funds returns have been solid, though not spectacular. If Warren Buffetts hedge fund didnt generate any outperformance (i.e. Permian's investment philosophy is to target absolute returns across market cycles through the implementation of a Western European-focused, value-oriented, and event driven equity long/short strategy. NEW YORK, NY which it authorizes the use of by individuals who successfully complete CFP Boards initial and ongoing certification requirements. . You can help Wikipedia by expanding it. Principal Office and Place of Business 295 MADISON AVENUE 34TH FLOOR NEW YORK NY We look at buying stock the same way we would e Currently working as Partner at Permian Investment Partners in New york, United States. S&P 500WhaleScore Goldenberg's partners at Permian include Brahman alumni Alex Duran and Scott Hendrickson. Permian Investment Partners. Portfolio management for pooled investment vehicles, Portfolio management for businesses or institutional clients, Percentage of Assets, Performance-based Fees. We initially share this idea in October 2018 and the stock already returned more than 150%. services are limited to referring users to third party advisers registered or chartered as fiduciaries Permian Investment Partners is founded byAlex Duran, Scott Hendrickson, and Cara Goldenberg in 2008 with backing from Privet Capital. Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. Simply log into Settings & Account and select "Cancel" on the right-hand side. all available advisors and firms and matches based on specific criteria (investable assets, WhaleWisdom. The existence of a fiduciary duty does not prevent the rise of potential conflicts of interest. We support credit card, debit card and PayPal payments. Alex Duran is a financial advisor working out of Dallas, Texas, who has been in the industry for 14 years. Alex Duran. cookies Whether the so-called Oracle of Omaha agreed to invest any of his billions in Goldenberg's 2-year-old fund firm, Permian Investment Partners, is not clear. Request proposals for help with your financial concerns. C/O PERMIAN INVESTMENT PARTNERS, LP: 295 MADISON AVENUE, 34TH FLOOR: City State/Province/Country ZIP/PostalCode Phone Number of Issuer; NEW YORK: NEW YORK: 10017: 212-257-6066: 3.