passaic partners News & Press Releases | PR Newswire

News from passaic partners A wide array of domestic and global news stories; news topics include politics/government, business, technology, religion, sports/entertainment, …


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NEWARK, N.J., Feb. 3, 2022 /PRNewswire/ -- On January 1, 2022, Passaic Partners ("Passaic") launched as a newly formed, majority employee-owned investment firm with more than $2 …

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Who is Passaic partners?

On January 1, 2022, Passaic Partners (“Passaic”) announced its launch as a newly formed, majority employee‐owned investment firm with Lincoln Peak Capital as its minority shareholder. Passaic has more than $2 billion of assets under management across seven investment strategies. ...

What are Passaic's investment strategies?

Passaic’s investment strategies consist of a suite of highly liquid, options-based, alternative investment strategies, including global and domestic long/short equity, inflation protection, and similar quantitative strategies which it manages for a group of blue-chip institutional investors. ...

What news releases are distributed by PR Newswire?

Current news releases distributed by PR Newswire, including multimedia press releases, investor relations and disclosure, and company news. Skills gaps, return-to-office policies, retirements and AI advances are reshaping the workforce. ...

Who are the Passaic team members?

Other Passaic team members include Mike Lulanaj, previously a Director at BGC Financial and a Senior Trader at Credit Suisse, who is joining as a Portfolio Manager and Jim Tufts as the firm's Chief Operating Officer. ...

When did PR Newswire become a media company?

PR Newswire’s success drew attention, leading to acquisitions by media giants. In 1971, Western Union Corporation incorporated the company, followed by United News & Media in 1982. These acquisitions provided resources for expansion and service diversification. ...

Why is PR Newswire so expensive?

PR Newswire can be expensive, particularly for smaller businesses or organizations with limited budgets. 2. Competition Standing out among the vast number of companies vying for media attention can be challenging. 3. Measuring ROI Quantifying the specific impact of PR campaigns poses a challenge, making it difficult to assess return on investment. ...

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