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Farallon Capital Management, L.L.C. is an American global 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 165 professionals in eight countries around the world.〔 Farallon primarily manages capital for university endowments, foundations, and high-net-worth individuals.〔 As of 2011, Farallon Capital Management is the 12th largest hedge fund in the world managing US $21.5 billion in assets.〔 ==History== Tom Steyer founded Farallon in January 1986 with $15 million in seed capital. Previously, Steyer worked for San Francisco-based private equity firm Hellman & Friedman, as a risk arbitrage trader under Robert Rubin at Goldman Sachs, and in Morgan Stanley's corporate mergers and acquisitions department.〔 Farallon made a name for itself by being one of the first firms to raise money from a university endowment.〔 In 1987, Steyer, who received his bachelor's degree from Yale, approached the university's endowment to allocate funds for Farallon to manage. The Yale endowment declined based on the fees charged by Farallon. David Swensen, Yale's chief investment officer, later came to an arrangement with Tom Steyer in which Farallon would initially manage an allocation of the Yale endowment for no fee. After Yale's investment proved to be lucrative, many other college endowments and pensions began to invest in hedge funds.〔 抄文引用元・出典: フリー百科事典『 ウィキペディア（Wikipedia）』 ■ウィキペディアで「Farallon Capital」の詳細全文を読む スポンサード リンク
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