Henry Swieca

Henry Swieca
Born Henry Alexander Swieca[1]
1957[1]
Washington Heights, Manhattan, New York
Alma mater Stony Brook University (B.A.)
Columbia Business School (M.B.A)
Occupation Hedge fund manager
Net worth 1.56 billion USD (May 2016)[2]
Religion Orthodox Judaism
Spouse(s) Estee Tobaly
Children 4

Henry Alexander Swieca (born 1957)[1] is the co-founder and former Chief Investment Officer of Highbridge Capital Management and the founder of Talpion Fund Management.

Early life

Swieca grew up in a Jewish family[3] in Washington Heights, New York. He is the son of two Holocaust survivors from Poland who emigrated from France in 1955.[4] Both his parents died when he was nineteen.[4] He obtained a Bachelor of Arts from Stony Brook University and a MBA from Columbia Business School.[5]

Career

Henry began his career trading stocks with a small amount of money that his parents left for him. He was able to support his brother through Medical School with the money he made from investing. After graduation, Swieca worked at Merrill Lynch, becoming one of the founding traders on the New York Futures Exchange where he traded equity index options. He later joined Dillon Read as an institutional investor advisor. In 1984, Henry Swieca and Glenn Dubin formed the Dubin and Swieca Group at E.F. Hutton. They pioneered the integration of traditional securities investments and derivative investment strategies.[6]

In 1992 Swieca started Highbridge Capital Management with Glenn Dubin. They sold a 55% stake to JP Morgan Chase in 2004 and substantially all remaining shares in 2009.[5][7] He currently runs his family office, Talpion Fund Management, which invests proprietary money in a hedge fund like structure as well as direct fixed income investing. In 2012 he seeded Clearline Capital, an equity investor. The family office has also branched into direct real estate investing.

Philanthropy

Swieca has made donations to The Temple Institute.[8]

Personal

Swieca is married to Israeli American[9] Estee Tobaly with whom he has four children.[4] Swieca practices Orthodox Judaism.[10]

References

  1. 1 2 3 "Henry Alexander Swieca". Wealthx.com.
  2. ↑ Forbes: the World's Billionaires - Henry Swieca, May 2016
  3. ↑ Jewish Telegraph Agency: "At least 139 of the Forbes 400 are Jewish" By Jacob Berkman October 5, 2009
  4. 1 2 3 Institutional Investor: "Inside Highbridge June 24, 2004
  5. 1 2 "#701 Henry Swieca - The World's Billionaires 2009". Forbes. 11 March 2009.
  6. ↑ http://www.marhedge.com/pages/biography.cfm?personid=221409607301&sc=20110501_AI_0001
  7. ↑ "Highbridge's Swieca to Leave as JPMorgan Raises Stake (Update1)". Bloomberg. 11 June 2009.
  8. ↑ Booth, William; Eglash, Ruth (December 2, 2013). "Jewish activists want to pray on Jerusalem's Temple Mount, raising alarm in Muslim world". The Washington Post. Retrieved August 15, 2016. The project was funded by Henry Swieca, the billionaire American investor, and his wife, Estee.
  9. ↑ Crains New York: "Betting on foreclosures - Smart buyers can find good deals among the lemons" By Julie Satow December 7, 2008
  10. ↑ Bloomberg News: "Highbridge Duo Survives Rout After Hedge Fund Sale to JPMorgan" By Richard Teitelbaum and Jenny Strasburg February 29, 2008
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