Gideon Asset Management

Daniel Greenblatt, the founder and Managing Partner, is the firm's Chief Investment Officer and primary decision-maker. He shaped the event-driven strategy based on his own trading experience and legal training. A small team of analysts supports research and execution under his direction, but position sizing and portfolio construction remain centralized with Greenblatt.

Gideon Asset Management operates as an SEC-registered investment adviser that manages a hedge fund open to qualified clients. It is not a single-family office. Greenblatt founded the firm specifically to manage outside capital using the event-driven approach he developed while proprietary trading in prior roles.

Sourcing relies on systematic screening of corporate events — bankruptcies, spin-offs, liquidations, rights offerings — followed by intensive legal-document review. Greenblatt's legal training means the firm reads court dockets, indentures, and merger agreements directly rather than relying on sell-side summaries. The firm does not run an activist program or seek management influence, so sourcing is entirely analytical rather than relationship-driven.

Gideon focuses almost exclusively on direct public-securities positions — common and preferred stock, bonds, litigation trust interests, and other tradeable claims. The strategy does not generally involve fund commitments, secondary LP purchases, or private company investments, concentrating instead on liquid, publicly traded instruments where a specific corporate catalyst is expected to unlock value within a defined timeline.

The firm targets 'hard catalyst' events rather than pure value or long-term hold strategies. Typical situations include post-bankruptcy re-org equities trading below intrinsic value as forced sellers exit, stub securities created after a spin-off, merger arbitrage with a legal angle, and litigation-trust interests where settlement dynamics create asymmetric upside. The focus is on the period between when a legal outcome becomes probabilistically knowable and when the market fully prices it.

Gideon does not operate in sectors where legal complexity is absent or where sector-specific regulatory regimes demand specialized expertise the firm does not maintain. The strategy is opportunistic and event-driven rather than sector-driven, meaning it avoids situations where the mispricing relies on sector knowledge rather than structural or legal analysis. High-turnover quantitative strategies and pure macro bets are outside the mandate.

The fund operates under a master-feeder structure typical of US hedge funds, with onshore and offshore vehicles available. The firm sets a high minimum investment consistent with its qualified-client status. Liquidity terms are negotiated through managed accounts and fund interests, structured to accommodate the concentrated, event-driven book where position timelines often span months rather than days.