Michael Barnes Tricadia
His fund tricadia capital currently has nearly 4 billion in aum assets under management.
Michael barnes tricadia. Barnes oversaw various credit trading strategies at ubs painewebber and bear stearns. Michael barnes is a powerful new york city based hedge fund founder. Llc and chief executive officer for tiptree asset management co. Tricadia capital is a multi strategy credit manager for hedge funds and alternative investment accounts.
As of july 17 2020 its primary website is offline. The first and second iterations annualized gains of 11 3 percent and 16 9. Tricadia capital is a 4 billion multi strategy fund that was founded in 2003 by michael barnes and arif inayatullah. Founder of corvid peak capital management llc michael gene barnes is a businessperson who has been at the helm of 6 different companies and holds the position of chairman co chief executive officer at apple creek acquisition corp executive chairman for tiptree inc executive chairman at tiptree operating co.
Michael barnes co founded tricadia capital management in 2003 after more than two decades in structured credit and trading at bear stearns painewebber and ubs. Michael barnes tricadia s founder and chief investment officer continues as executive chairman of tiptree and also has taken on the role of chief executive officer of tiptree asset management company llc a wholly owned subsidiary of tiptree. He and his wife lisa purchased this celebrity pedigreed bel air estate in feb 2013 for 11 4m. Tricadia which was founded by arif inayatullah and michael barnes in 2003 is one of several funds that thrived during the financial crisis before struggling as unprecedented monetary stimulus.
Llc both are. The house has an interesting ownership history. Barnes graduated with an a b. Tricadia is in talks with investors about starting a third distressed and special situations fund said the person.
Tricadia capital s predecessor was formed in 2003 by michael barnes and arif inayatullah. In 2003 he became a founding partner of tricadia holdings lp a privately held company providing investment management services where he serves as chairman.