What does Farallon Capital do?
U.S. Farallon Capital Management, L.L.C. is an American investment firm that manages capital on behalf of institutions and individuals. The firm was founded by Tom Steyer in 1986. Headquartered in San Francisco, California, the firm employs approximately 230 professionals in eight countries around the world.
Who runs Farallon?
Farallon Capital Management Background Today, the firm is owned by Farallon Capital Management, LP, which is in turn owned by Andrew J.M. Spokes. After joining Farallon in 1997, Spokes now acts as managing partner and principal owner. He has been employed in the financial services industry for more than 30 years.
Is Farallon Capital a hedge fund?
Farallon Capital changed the game for hedge funds. It made a name for itself by being one of the first hedge funds to raise money from university endowments. Previously, hedge funds had invested almost exclusively for high net-worth individuals.
What does Farallones mean?
sea cliff
The Farallon Islands, or Farallones (from the Spanish farallón meaning “pillar” or “sea cliff”), are a group of islands and sea stacks in the Gulf of the Farallones, off the coast of San Francisco, California, United States.
What does Farallon mean in English?
cliff
Farallon (Farallón meaning cliff in the Spanish Language) may refer to: Farallon Capital, American capital management firm. Farallon Islands, group of islands and rocks in the Gulf of the Farallones, off the coast of San Francisco, California, USA. Farallon Plate, ancient oceanic plate.
Who lives on the Farallon Islands?
No one but scientists and Fish and Wildlife representatives are allowed on the island, and they live in one of the remaining houses dating back to the 1870s. There’s no actual harbor on SEFI, so they use a huge crane to launch a small boat that greets visiting biologists from large boats.
What’s at the bottom of San Francisco Bay?
The City of Chester also lies at the bottom of the bay. The City of Chester was a passenger steamship that left San Francisco and collided in dense fog with the RMS Oceanic arriving from Asia.
Is SF bay water clean?
Throughout the San Francisco Bay, state Water Quality Standards are exceeded for pesticides, invasive species, mercury and other metals and toxic substances. Many miles of beaches are impaired for unacceptable levels of bacteria due to sewage spills and crumbling sewage infrastructure.
Who owns Farallon Capital Management?
Farallon Capital Management opened in 1986 in San Francisco. Today, the firm is owned by Farallon Capital Management, LP, which is in turn owned by Andrew J.M. Spokes. After joining Farallon in 1997, Spokes now acts as managing partner and principal owner. He has been employed in the financial services industry for more than 30 years.
Where is Farallon based?
Headquartered in San Francisco, California, the firm employs approximately 230 professionals in eight countries around the world. Farallon primarily manages capital for university endowments, foundations, and high-net-worth individuals. Farallon was founded by Tom Steyer in January 1986 with $15 million in seed capital.
What are Farallon’s Management fees?
As far as Farallon’s management of its private investment funds goes, fees range up to 1.00% of the fund’s total AUM, though the fee may be higher in certain cases. In addition to this base fee, Farallon charges some of its funds a performance-based fee.
How does Farallon retain talent?
Farallon retains talent by allowing enterprising professionals to spin-off and run new funds with Farallon capital. For example, former Farallon traders started Noonday Global Management and ChinaRock Capital using Farallon money and back office support.