Steven Tananbaum
Founder at GoldenTree Asset Management LP
Net worth: 20 M $ as of 30/03/2024
Profile
Mr. Steven A.
Tananbaum, CFA, is a Founding Partner & Chief Investment Officer at GoldenTree Asset Management LP.
He is on the Board of Directors at The Museum of Modern Art.
He is responsible for overseeing the firm’s investments across all fund offerings.
In addition, Mr. Tananbaum is a Lead Portfolio Manager for GoldenTree Loan Management.
Mr. Tananbaum chairs GoldenTree Asset Management’s Executive Committee and Distressed Committee and is co-chair of the Risk Committee.
A veteran of the credit markets with over 30 years of investing experience, Mr. Tananbaum founded GoldenTree in 2000 and was instrumental in building the firm into an organization that is highly regarded for its investment process and partnership culture.
Prior to forming GoldenTree, Mr. Tananbaum spent over a decade at MacKay Shields.
He was head of the firm’s high yield group beginning on June 1, 1991 and, in 1997, founded its hedge fund business and served as the lead portfolio manager.
Under Mr. Tananbaum’s leadership, MacKay Shields’ high yield mutual funds were rated in the top 5% by Lipper from June 1, 1991 through December 31, 1999.
Prior to joining MacKay Shields, Mr. Tananbaum worked primarily on high yield and merger & acquisition transactions in the corporate finance department of Kidder, Peabody & Co.
He is a graduate of Vassar College with a B.A.
in Economics.
Mr. Tananbaum is a CFA charterholder.
Known holdings in public companies
| Company | Date | Number of shares | Valuation | Valuation date |
|---|---|---|---|---|
| 30/12/2023 | 802,685 ( 0.22% ) | 9 M $ | 30/03/2024 | |
| 30/12/2022 | 79,288 ( 0.61% ) | 7 M $ | 30/03/2024 | |
VALARIS LTD.
0.07% | 30/12/2022 | 50,000 ( 0.07% ) | 4 M $ | 30/03/2024 |
YELLOW PAGES LTD.
0.60% | 20/11/2023 | 82,500 ( 0.60% ) | 606 375 $ | 30/03/2024 |
Steven Tananbaum active positions
| Companies | Position | Start |
|---|---|---|
GoldenTree Asset Management LP
 GoldenTree Asset Management LP Investment ManagersFinance GoldenTree Asset Management LP (GoldenTree) is a registered independent investment advisor and hedge fund manager headquartered in New York City. The firm was founded in 2000 by Steven A. Tananbaum, Steven Shapiro, Frederick Haddad and Leon Wagner. GoldenTree manages discretionary investment funds and advisory accounts for institutional investors including public and corporate pensions, endowments, foundations, insurance companies, family offices and sovereign wealth funds. | Founder | 31/12/1999 |
The Museum of Modern Art
 The Museum of Modern Art Other Consumer ServicesConsumer Services The Museum of Modern Art exhibits modern and contemporary art. The organization was founded by Alfred H. Barr in 1929 and is located in New York, NY. | Director/Board Member | - |
Former positions of Steven Tananbaum
| Companies | Position | End |
|---|---|---|
MacKay Shields LLC
 MacKay Shields LLC Investment ManagersFinance MacKay Shields LLC is a registered investment advisor headquartered in New York City. The original predecessor to the firm, MacKay-Shields Economics, was founded in 1938 as an economic consulting firm and it became MacKay Shields Financial Corp. (MSFC) in 1969. In 1984, MSFC was purchased by New York Life Insurance Co. (NYLIC). NYLIC established New York Life Investment Management Holdings LLC (NYLIM Holdings) in 1999 and transferred ownership of MSFC to NYLIM Holdings. In 1999, MSFC was converted to MacKay Shields LLC. The ownership, control and management of MacKay Shields did not change as a result of this conversion. The firm is wholly owned by NYLIM Holdings, which is wholly-owned by NYLIC. MacKay Shields provides discretionary investment management services primarily to institutional clients. The firm is a signatory of the United Nation Principles for Responsible Investment (UNPRI). | Portfolio Manager-Equities | 30/01/2000 |
Kidder, Peabody & Co., Inc.
 Kidder, Peabody & Co., Inc. Investment Banks/BrokersFinance Kidder, Peabody & Co., Inc. provides security brokerage services. The private company is based in Buffalo, NY and has subsidiaries in Switzerland. The company was founded by Thomas W. Ostrander. | Corporate Officer/Principal | - |
Training of Steven Tananbaum
| Vassar College | Undergraduate Degree |
Experiences
Positions held
Connections
1st degree connections
1st degree companies
Male
Female
Members of the board
Executives
Linked companies
| Private companies | 4 |
|---|---|
MacKay Shields LLC
MacKay Shields LLC Investment ManagersFinance MacKay Shields LLC is a registered investment advisor headquartered in New York City. The original predecessor to the firm, MacKay-Shields Economics, was founded in 1938 as an economic consulting firm and it became MacKay Shields Financial Corp. (MSFC) in 1969. In 1984, MSFC was purchased by New York Life Insurance Co. (NYLIC). NYLIC established New York Life Investment Management Holdings LLC (NYLIM Holdings) in 1999 and transferred ownership of MSFC to NYLIM Holdings. In 1999, MSFC was converted to MacKay Shields LLC. The ownership, control and management of MacKay Shields did not change as a result of this conversion. The firm is wholly owned by NYLIM Holdings, which is wholly-owned by NYLIC. MacKay Shields provides discretionary investment management services primarily to institutional clients. The firm is a signatory of the United Nation Principles for Responsible Investment (UNPRI). | Finance |
GoldenTree Asset Management LP
GoldenTree Asset Management LP Investment ManagersFinance GoldenTree Asset Management LP (GoldenTree) is a registered independent investment advisor and hedge fund manager headquartered in New York City. The firm was founded in 2000 by Steven A. Tananbaum, Steven Shapiro, Frederick Haddad and Leon Wagner. GoldenTree manages discretionary investment funds and advisory accounts for institutional investors including public and corporate pensions, endowments, foundations, insurance companies, family offices and sovereign wealth funds. | Finance |
The Museum of Modern Art
The Museum of Modern Art Other Consumer ServicesConsumer Services The Museum of Modern Art exhibits modern and contemporary art. The organization was founded by Alfred H. Barr in 1929 and is located in New York, NY. | Consumer Services |
Kidder, Peabody & Co., Inc.
Kidder, Peabody & Co., Inc. Investment Banks/BrokersFinance Kidder, Peabody & Co., Inc. provides security brokerage services. The private company is based in Buffalo, NY and has subsidiaries in Switzerland. The company was founded by Thomas W. Ostrander. | Finance |
- Stock Market
- Insiders
- Steven Tananbaum
