Ellington Management Group

Read About Hedge Funds

Key Facts

Founded12/1994
Websitehttp://www.ellington.com
HeadquartersOld Greenwich, CT
Employees160
AUM$10.0 billion
AUM as ofNovember 29, 2017
StrategiesCredit
Clients26

Overview

Ellington Management Group is a hedge fund based in Old Greenwich, CT. It was founded in 12/1994 by Michael Vranos (former head of MBS trading at Kidder Peabody). They hold $10.0 billion in assets under management as of November 29, 2017. Read their Plain English Brochure. Laid off 10% of employees in late 2008http://www.finalternatives.com/node/6277

Suing Ameriquest over subprime loans that have gone bad due to misrepresentations.

Redemptions were halted in two funds in late 2007 after they couldn't exit illiquid positions.

Sub Funds and Performance

NameAUM (bn) Type Strategies 2011 2012 2013 2014 2015 Min Investment Num Clients Internal $ % Fund of Funds $ % Prime Brokers
Crescent II Fund, L.P. 1.294 hedge fund 0 5 13.0 Morgan Stanley
Ellington Credit Opportunities 0.891 None Credit 1.86 27.73 15.28 7.89 3.22
Ellington Credit Opportunities, Ltd. 1.410 hedge fund 5,000,000 65 3.0 80.0 Morgan Stanley
Ellington Mortgage Fund S.C., Ltd 0.919 hedge fund 50,000 56 73.0
Ellington Mortgage Opportunities 0.370 None Credit 16.19 13.29 9.64 7.25 1.79
Ellington Mortgage Opportunities Master Fund, Ltd. 1.682 hedge fund 5,000,000 51 5.0 51.0 Morgan Stanley
Ellington Private Opportunities Master Fund (A) LP 0.005 hedge fund 1,000,000 20 40.0 20.0
Ellington Private Opportunities Master Fund (B) LP 0.087 hedge fund 1,000,000 20 50.0 20.0
Ellington Quantitative Macro Master Fund Ltd. 0.065 hedge fund 1,000,000 4 69.0 31.0 Barclays Capital Inc., Morgan Stanley
Ellington Special Opportunities LLC 1.886 hedge fund 1,000,000 2 15.0 Morgan Stanley
Ellington Strategic Mortgage Fund, L.P. 0.492 hedge fund 1,000,000 14
Ellington Strategic Mortgage Institutional Fund, L.P. 0.323 hedge fund 1,000,000 6
Eso Dld LLC 0.266 hedge fund 1,000,000 2 JP Morgan
Hh Ellington Master Fund Ltd. 0.241 hedge fund 0 2 6.0 Morgan Stanley

Key People

NameTitlePositionOwnership
Paul AsaroChief Financial Officer And Managing Director Owner or OfficerNone
Richard BrounsteinVice Chairman And Director Of Investor Relations Owner or OfficerNone
Bruce CaplainChief Accounting Officer Owner or OfficerNone
Olivier Cojot-GoldbergVice Chairman Owner or OfficerNone
John GeanakoplosManaging Director Owner or OfficerNone
Daniel MargolisGeneral Counsel Owner or OfficerNone
Laurence PennVice Chairman And Coo Owner or OfficerNone
David RiceChief Compliance Officer Owner or OfficerNone
Mark TecotzkyManaging Director Owner or OfficerNone
Michael VranosChief Executive Officer Owner or OfficerNone
Michael VranosNone Indirect Owner> 75%
Michael VranosNone Indirect Owner25 to 50%

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