Davidson Kempner Capital Management

Davidson Kempner Capital Management

Davidson Kempner Capital Management LP is a global institutional alternative investment firm focused on event-driven and opportunistic strategies across public and private markets, including credit, equities, structured products, real estate, and multi-strategy approaches. Founded in 1983 by Marvin H. Davidson, with Thomas L. Kempner Jr. joining shortly thereafter, the firm has maintained continuity through successive leadership generations while expanding its opportunistic, research-driven platform (per firm values and history pages). It targets complex, underappreciated situations with an emphasis on downside protection, capital preservation, and flexible capital allocation across geographies and asset classes (per approach page). Strategies encompass multi-strategy, corporates (stressed/distressed and opportunistic), structured credit, real estate special situations, merger arbitrage, relative value (including convertible arbitrage, long/short equity and credit), opportunistic credit and equity, asset-based private credit/lending, and tailored solutions via DK Solutions (per firm website). The firm is 100% privately owned by its partners, aligning interests with investors, who number over 1,600 globally. Headquartered in New York with eight offices worldwide (New York, Philadelphia, London, Dublin, Hong Kong, Shenzhen, Mumbai, Abu Dhabi), it employs approximately 500 professionals. As of March 2026, assets under management exceed $38 billion (per firm website). Regulatory discretionary assets under management were approximately $46.6 billion as of January 31, 2026 (per Form ADV filed April 1, 2026). Leadership is led by Managing Partner and CIO Tony Yoseloff.