$39bn of flexible capital
about us
Farallon is driven by its commitment to deliver superior risk-adjusted returns to its investors. Our people, our values and an investment process continually refined over 38 years are what make Farallon what it is today.
Capability and Commitment
Experienced senior investment team with 18-year average tenure at Farallon
Seven offices worldwide with over 320 employees
Established in 1986, SEC-registered as an investment adviser since 1990
Our investment capability is adaptive by design
Farallon invests across strategies and asset classes, responding to changes in markets and the investment opportunity set. We continually refine our investment strategies, process and structure, providing the framework for our people to innovate and compete successfully.
We are guided by a core mission and shared values
Farallon’s organizing principle is alignment of interests and of values. We build strong relationships with our long-term investors and each other. We are invested in each other’s success as we pursue superior investment returns.
Our Timeline
1986-1994
Pioneering the Multi-strategy Approach
1986
Firm founded by Thomas Steyer to invest in merger arbitrage
1988
Developed Credit and Liquidations strategies, anticipating the LBO crisis
1990
Adopted the Farallon® name, after Farallon Islands off San Francisco coast
1990
Registered with the U.S. Securities and Exchange Commission as an investment adviser
1994
Established Real Estate strategy, in the wake of the S&L and real estate crisis
1994
Extended capability to Direct Investments, focused on illiquid special situations
1986-1994
1995-2006
Expanding Globally to Invest Locally
1997
Formalized Corporate Restructurings strategy, precursor to Long/Short Equity strategy
1998
Established London office
2002
Established Singapore office
2006
Established Hong Kong office
1995-2006
2007-2012
Increasing Institutionalization and Transitioning Leadership
2007
Andrew Spokes appointed co-Managing Partner
2009
Announced extensive series of investor transparency initiatives
2010
Established Tokyo office
2010
Refined portfolio overlay hedging and risk management
2011
Formed Global Investment Committee to oversee Direct Investments
2011
Established São Paulo office
2012
Leadership succession completed with Thomas Steyer's retirement
2007-2012
2013-2024
Deepening Capabilities: People, Process and Culture
2013
Developed negative screen for fossil fuel
2013
Established Farallon philanthropy grant award program
2013
Launched undergraduate investment case competitions
2017
Established learning internship programs
2021
Formalized Responsible Investment Policy and became a signatory to United Nations Principles for Responsible Investment (UN PRI)
2022
Nicolas Giauque appointed co-Chief Investment Officer
2022
Established New York office
2022
Issued initial Taskforce On Climate-Related Financial Disclosures (TCFD) Report
2013-2024