Investment manager Ramius has partnered with Samantha Greenberg's newly-launched Margate Capital, a multi-sector equity long/short alternative asset manager. Ramius is providing seed capital to the new joint-venture.
Founded this year, Margate will pursue a fundamental long/short equity strategy emphasising catalysts and sector themes and will deploy a rules-based risk approach to protect capital and reduce volatility. Greenberg is the Managing Partner and Chief Investment Officer of Margate, a woman-owned investment management business. Before she founded Margate, Greenberg served as partner and media/consumer sector head on the investment team of Paulson & Co Inc, where she managed equity investments in media, cable, consumer discretionary and staples sectors from 2009-16. Greenberg previously worked in Goldman Sachs’ Special Situations Group and at Chilton Investment Company investing in TMT and consumer industries. Greenberg has been named to the Hedge Fund Journal/Ernst & Young’s “50 Leading Women in Hedge Funds.” She holds an MBA from Stanford University’s Graduate School of Business and a BS in Economics, summa cum laude, with dual concentration in Finance and Strategic Management, from the Wharton School of the University of Pennsylvania.
“We are excited to partner with Ramius, whose track record of successfully identifying and supporting emerging managers makes them the ideal strategic partner for Margate,” says Greenberg. “We are fortunate to benefit from Ramius’ expertise and capital, and our seasoned investment team looks forward to providing investors with our disciplined catalyst-focused absolute return strategy.”
Michael Singer, Chief Executive Officer of Ramius, says: "Samantha has proven herself an astute and skilled investor, and we believe her talents are well-suited to markets where alpha generation is in short supply. As Samantha's partner, we are committed to doing everything we can to build a successful business together. We believe that Samantha’s formidable investment skills and talents will benefit our institutional and high net worth clients worldwide."
Margate will initially manage proprietary capital for Cowen and will launch a commingled product in coming months.
