In investing, we aim to be right, not consistent - Peter Lupoff
We eat our own cooking - Marty Whitman
We are not in the 'being right business', we are in the money management business - these are two different things - Izzy Englander
People seldom do what they believe in. They do
what is convenient, then repent - Bob Dylan
Doing well is the result of doing good. That's what capitalism is all about - Ralph Waldo Emerson
Where you stand depends upon where you sit - Miles Law
How we use money is an expression of who we are & all that we believe. We may choose to be unconscious, as in the past we have ignored the truth about cigarettes, coal, slavery, cultural genocide, & so many other issues - Joel Solomon
Peter M. Lupoff is the managing member of Lupoff Friends and Family Interests, LLC, his vehicle for direct and managed investments, impact investments, as well as his other advisory, research, teaching and writing activities. Peter is a Fordham University Fellow, at their Center for Research in Contemporary Finance. He is additionally, Fordham Gabelli School of Business, Executive in Residence (2018-19). Mr. Lupoff is Advisor to student-managed funds at Yale School of Management and Yale University, where he also is a Special Lecturer related to Impact Investing and Investment Research. A Fellow at think tank, World Policy Institute, Peter expands his work on Markets, Behavioral Finance, Impact Investing, and Market Shock and Dislocation. Peter is a Member of the Impact Investing & Sustainable Finance Faculty Consortium. Peter is also President of Clean Power for Humanity, a non-profit with the objective of bringing green power to rural developing world communities, to expand education and commerce.
In 2009, Lupoff founded registered investment advisor, Tiburon Capital Management, an event-driven fund manager. Peter was the Chief Investment Officer and Co-Portfolio Manager of Tiburon 2009-2017. Peter remains and advisor to Tiburon. Peter formerly was a Managing Director at Millennium Management, the New York based Multi-Strategy hedge fund where he managed an allocation of the Millennium Partners flagship fund employing identical event-driven strategies. Previously he was Managing Director and Senior Portfolio Manager of the Robeco WPG Distressed/Special Situations Fund.
Mr. Lupoff's experience in deep value equity and distressed investing strategies began in 1990 when he began working with Marty Whitman of Third Avenue Funds. Peter's deep value, bottom-up approach is largely informed by this experience. His acumen and theses regarding risk and trading to defend NAV are informed by his experiences with Izzy Englander and Millennium Management. Funds Mr. Lupoff have managed or co-managed have achieved awards such as GAIM's Top Performing Emerging Distressed Manager, MARHedge's Event-Driven Manager and an Institutional Investor nomination as Hedge Fund House of the Year. Lupoff Friends and Family Interests' proprietary BRACE investment methodology was conceived by him, a bi-product his tenure with these storied investors.
Through his family office, Peter is a signatory to The Responsible Digital Financial Inclusion Guidelines, DivestInvest, with a commitment to divestment of fossil fuel investment to hasten sustainable energy transition, and formed a partnership with the United Nations Capital Development Fund, to forge public/private impact investment in the 47 poorest countries.
Mr. Lupoff is a regular featured discussant on academic papers related to, and consultant to, The Federal Reserve Bank regarding market shocks and liquidity. Mr. Lupoff is an outside director of various unaffiliated investment entities and consults family offices and heirs, hedge funds and other institutional asset managers regarding investment policy, legacy, business development, conflicts and liquidity and liquidation execution. Peter is a featured, contributing columnist, writing with a focus on the intersection of politics, sports and pop-culture, as well as financial markets matters. Mr. Lupoff also provides expert litigation testimony on matters related to hedge funds, trading and his specific strategies and offers services to creditors in interest, as outside debtor or creditor trustee and/or board member.