Founded in 2002 by Brian Taylor, Pine River Capital Management was a prominent global alternative asset manager headquartered in Minnetonka, Minnesota. At its peak, the firm managed over $15 billion in assets, specializing in complex relative value trading strategies, particularly in mortgage-backed securities, credit, and global equities. Following a period of significant growth after the 2008 financial crisis, the firm faced performance challenges and announced in late 2017 that it would close its flagship fund and return the vast majority of external capital to investors, effectively winding down its operations as a major hedge fund.

Founded in

United States