Kimelman & Baird

The firm operates at the intersection of public equities, event-driven situations, and private credit. Public-market positions tend to be concentrated and conviction-weighted, often tied to corporate restructurings or regulatory catalysts. The private credit strategy focuses on structured lending where the principals' legal and financial expertise can directly shape documentation and terms.

Michael Kimelman was convicted in the Galleon Group insider-trading case and later pardoned. The firm's investment posture reflects an understanding of where regulatory process and market information intersect, often focusing on situations — restructurings, litigation outcomes, regulatory settlements — where value turns on interpreting legal frameworks. For external counterparties evaluating a relationship with the office, this history unavoidably shapes the compliance and reputational due-diligence process.