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The 2016 Hedge Fund Rising Stars: Samantha Greenberg

The Margate Capital founder and CIO brings expertise honed at Goldman Sachs and Paulson & Co.

Samantha Greenberg
Margate Capital

When New York–based asset manager Ramius announced this April that it was seeding new long-short equity hedge fund firm Margate Capital Management with a three-year, $130 million stake in return for an equity slice, it marked a rare ray of sunshine in a dismal year for hedge fund start-ups. The Margate Capital deal was all the more significant given the résumé of the New York firm’s founder, managing partner and CIO, Samantha Greenberg, an alumna of Goldman Sachs Group and hedge fund firm Paulson & Co.

Precocious as they may have been, few future hedge fund stars grew up saying they wanted to head their own firms, but Greenberg, 40, came close. As a child, the Bucks County, Pennsylvania, native liked to watch television financial news. While studying for her degree in finance and strategic management at the Wharton School of the University of Pennsylvania, Greenberg interned with Goldman Sachs during the summers. After graduating in 1998 she became an investment banking analyst with the firm’s mergers and acquisitions department, then worked at Francisco Partners, a San Francisco–based private equity house, as an associate before earning her MBA at Stanford University.

In 2003, Greenberg joined New York–headquartered hedge fund firm Chilton Investment Co. as a long-short equity analyst specializing in media, telecommunications and Internet. Four years later she returned to Goldman to cover those sectors for its Special Situations Group. She departed for Paulson in 2009; having made billions betting against the subprime mortgage market, the growing New York–based outfit founded by merger arbitrageur John Paulson wanted someone with her media expertise. Greenberg led the firm’s media and consumer investment teams and was promoted to partner in 2011.

Deciding that she was ready to go out on her own, she launched Margate Capital this January. Named for the Jersey Shore town where she spent many childhood summers at the beach, the firm runs a long-short equity fund with an emphasis on the media and consumer sectors. Greenberg puts her investment acumen to philanthropic use too: At Jewish group UJA-Federation of New York, she’s co–vice chair of the investment management division, whose senior chair is fellow Goldman Special Situations desk alumnus Daniel Och.

Visit the 2016 Hedge Fund Rising Stars: Ivy League Schools Pave the Way for more.

Hedge Fund Rising Stars of 2016

Jessye Ball
Millennium Mgmt
Sarah Berner
Aristeia Capital
Jenna Bussman-Wise
AIG Investments
Maureen Chang
Point72 Asset Mgmt
Dennis Chenfu
Charles Dufresne Jr.
Sciens Capital Mgmt
William Freda
Graticule Asset Mgmt Asia
Samantha Greenberg
Margate Capital
Mark Gurevich
Ropes & Gray
Tal Gurion
Mariner Glen Oaks
Craig Huie
University of California
Yusef Kassim
Blue Harbour Group
Florian Kronawitter
White Square Capital
Vikram Kumar
TT International
Brandon Levin
Jana Partners
Jonathan Levin
George Weiss Associates
Brett Minarik
Ian Monroe
Etho Capital
Jason Morrow
Utah Retirement Systems
Pierre-Adrien Nicolas
Squarepoint Capital
Jamie Pabst
Green Owl Capital Mgmt
Parag Pande
Blackstone Group
Agata Praczuk
Max Saffian
Fortress Investment Group
Matt Satnick
MSD Partners
Eric Singer
Viex Capital Advisors
Katina Stefanova
Marto Capital
Reginald Tucker
New York State Common Retirement Fund
Michael Wang
Cypress Funds
Sean Wygovsky
Polar Asset Mgmt Partners

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