Paragon LP, small HF in NY, anyone heard of before?

Hi everyone,

Has anyone ever heard of Paragon Capital LP? website: www.paragonlp.com

It's a small (4 full time employees) hedge fund in NY. They told me to come in for an interview for a summer analyst internship but I would like to know more about the firm beforehand before I decide to make the trip.

Thanks in advance.

 
Best Response

Paragon Capital LP

110 East 59th Street, 29th Fl New York, NY 1 212 593 3156

Strategy - Event Driven Multi-Strategy AUM - 18M Min Investment - 100k Fund Managers - Alan P Donenfeld, Kevin A Pollack Esq

Alan P Donenfeld has over 25 years experience investing in, advising and financing companies. Most recently, Alan was a General Partner and Investment Manager of Whalehaven Capital LP. During that time, Whalehaven Capital LP invested approximately $10 million in 24 private placement transactions. For over 10 years, Alan has been and continues to be President of Bristol Investment Group Inc, an SEC-registered broker-dealer and member of FINRA. Previously, Alan was a Vice President in the Mergers and Acquisitions Group at Bear, Stearns & Co Inc in New York, where he participated in numerous acquisitions, investments, valuations, fairness opinions and exclusive sale representations. Prior to working at Bear Stearns, Alan worked at E.F. Hutton, a predecessor of Lehman Bros, Quadrex Securities Corporation, SG Cowen and J Henry Schroder Bank., Kevin A. Pollack, Esq. has over 10 years experience investing in, advising and financing companies. Kevin has been President of Short Hills Capital LLC, an SEC-registered broker-dealer and member of FINRA. Kevin has advised 100+ asset management firms, been quoted in publications that include The Financial Times, Institutional Investor Hedge Fund Daily, TheStreet.com, Global Pensions, Real Deals, Investor Services Journal, HedgeWorld, Euromoney’s International Securities Finance and Opalesque, and spoken at events sponsored by the Institute For International Research, the Foundation for Accounting Education, Wharton, Kellogg, U. of Chicago GSB, Thunderbird and The Penn Club., Kevin previously specialized in M&A and corporate finance at Banc of America Securities and practiced corporate, securities and M&A law at Sidley Austin (formerly Brown & Wood). He also has worked at Seward & Kissel, Troutman Sanders, Hill & Knowlton and Nabisco Brands. Kevin has spent almost a decade on the Managing Board of The Wharton Club of New York and has been responsible for managing its media & entertainment, private equity and hedge fund events. He is a member of the bars of the states of New York, California and New Jersey.

Paragon is a New York City-based investment firm with event-driven onshore and offshore funds focused on achieving a high return while reducing downside risk. Paragon has successfully produced superior returns with low volatility and low correlation to the market. Since inception in 2005, Paragon has significantly outperformed the major market indices. Paragon makes event-driven investments to capitalize on undervalued and mispriced investment opportunities. The events that provide these opportunities include: financings, securities registrations, acquisitions, reverse mergers, arbitrage situations and financial performance announcements. Paragon capitalizes on these events through: open market purchases of undervalued equities and options, shorting overvalued stocks, structured investments made directly into public companies, and sponsoring reverse mergers where an arbitrage of private to public values exists., Paragon’s investments primarily are in U.S. listed and traded companies with a focus on companies domiciled in the U.S. and China. Paragon's successful event-driven strategy is a result of its team's proprietary analysis and ability to capitalize on opportunities:1) Utilizing proprietary and unique methods to uncover catalyst events;2) Analyzing undervalued and mispriced investment opportunities resulting from catalyst events; and3) Capitalizing on selected investment opportunities through long / short and structured investments. Paragon's strategy successfully has produced superior investment returns, low volatility and low correlation to the market.

 

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