Polar Asset Management Partners
Polar Asset Management Partners is a global alternative asset manager with offices in Toronto, New York, and Calgary, managing $6 billion USD in assets as of March 2024. Founded in 1991, the firm employs a multi-strategy, arbitrage-oriented approach and focuses on niche-oriented, arbitrage, and relative value strategies.
Company History
Founded in 1991 in Toronto, Polar Asset Management Partners has developed into a prominent global alternative asset manager. With over three decades of experience in the financial sector, the company has built a reputation for employing diverse investment strategies and a robust risk management framework. The firm has expanded its presence with offices now in New York and Calgary, strategically positioning itself for global operations.
Investment Strategies
Polar Asset Management Partners utilizes a broad array of 17 different investment strategies. These include niche-oriented, arbitrage, and relative value strategies. Key strategies employed in their flagship hedge fund encompass Credit & Convertibles, Fixed Income, Fundamental Equity, Event-Driven, Structured Credit, Commodities, and Equity Arbitrage. These strategies are designed to generate differentiated returns and are integral to the firm's capital market approach.
Assets Under Management
As of March 31, 2024, Polar Asset Management Partners manages $6 billion USD in assets. The firm’s strong asset base is a testament to its successful deployment of multi-strategy, arbitrage-oriented investment approaches and its effective risk management practices.
Philanthropy and Corporate Social Responsibility
Polar Asset Management Partners is actively involved in philanthropy, supporting areas like arts and culture, fighting poverty, and creating opportunities for underprivileged communities. The firm matches employee donations up to $1 million annually and sponsors various groups and programs to enhance diversity, equity, and inclusion in the industry. Additionally, the firm integrates ESG (Environmental, Social, Governance) considerations into its operations, guided by a comprehensive ESG Policy.
Regulatory Compliance
Polar Asset Management Partners is registered under applicable securities legislation as an investment fund manager, portfolio manager, and exempt market dealer. The firm's compliance with regulatory standards underscores its commitment to maintaining trust and integrity in its investment processes and client relations.