Daniel Sundheim
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Dan Sundheim | |
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| Born | 1976/1977 (age 47–48)[1] New York City, New York, U.S. |
| Alma mater | Wharton School of the University of Pennsylvania[2] |
| Occupation | hedge fund manager |
| Known for | Founder and CIO, D1 Capital Partners[1] |
| Spouse(s) | Brett Sundheim, née Cohen |
Daniel Sundheim is an American billionaire hedge fund manager. He is the founder and chief investment officer (CIO) of the investment firm, D1 Capital Partners.[1]
Career
Sundheim graduated with a bachelor's degree in economics from the Wharton School of the University of Pennsylvania in 1999.[2][3] Later that year, he began working at Bear Stearns.[3]
Sundheim started working at Viking Global Investors in 2002. In 2010, the firm made him co-chief investment officer. He became the sole CIO in 2014.[2] Upon leaving Viking, Sundheim founded D1 Capital Partners in New York City in July 2018, opening with more than $4 billion in assets.[2]
Sundheim joined the board of directors for Instacart, an investment of D1, in June 2020.[4] He is also a board member for Collectors, a company focused on the collectibles market,[5] and for Shippo, another D1 investment.[2]
He is on the board of trustees at the Museum of Modern Art and at NYU Langone Health.[6][7]
Philanthropy
In March 2022, UHealth-University of Miami Health System announced that Sundheim and his wife had committed $5 million to the university's Ever Brighter fundraising campaign.[8]
In June 2022, Ransom Everglades School announced that Sundheim and his wife had pledged $7.5 million for a new humanities building.[9] The next month, Brett joined the school's board of trustees.[10]
In May 2023, the University of Pennsylvania announced a $10 million gift from Sundheim and his wife, directed to provide aid for international students in the School of Arts and Sciences.[11]
Political activity
Sundheim has donated to politicians of both parties, including Hillary Clinton, John McCain, Mitt Romney, Chuck Schumer, Eric Cantor, Marco Rubio, Josh Gottheimer, and Kevin McCarthy.[12] He has also donated to the Republican National Committee and to Right to Rise.[13] In 2022, he donated $850,000 to Honor Pennsylvania, a Super PAC created to support David McCormick in Pennsylvania's 2022 senate election.[14]
In 2023, per The Lever, Sundheim contributed $2 million to AIPAC, a pro-Israel lobbying group.[15]
Personal life
Sundheim and his wife, Brett (née Cohen), met while attending the University of Pennsylvania. [2]
In 2011, Sundheim and Brett bought the 16th floor, and some of the 15th floor, of 778 Park Avenue in New York City for $21 million. Then in 2015, they bought the rest of 15th floor for $28.5 million. Each purchase was more than $10 million below the original asking price.[16]
As of October 2020, he owned an art collection estimated at nearly $390 million in value.[2] He has used this collection as collateral for a line of credit.[17]
References
- ↑ 1.0 1.1 1.2 "Daniel Sundheim". Forbes. Retrieved 2024-03-29.
- ↑ 2.0 2.1 2.2 2.3 2.4 2.5 2.6 Saacks, Bradley; Morrell, Alex. "The rise of Dan Sundheim: How a Wharton whiz kid became the LeBron James of investing, launched one of the hottest hedge funds on earth, and minted a billion-dollar fortune in the process". Business Insider. Retrieved 29 March 2024.
- ↑ 3.0 3.1 "New gift will support international undergraduate students at the University of Pennsylvania". Penn Today. 2023-05-03. Retrieved 2024-03-30.
- ↑ "Bio | Daniel Sundheim". www.instacart.com. Retrieved 2024-03-29.
- ↑ "Leadership". Collectors. Retrieved 2024-03-30.
- ↑ "Trustees". The Museum of Modern Art. Retrieved 30 March 2024.
- ↑ "Trustees & Overseers". nyulangone.org. Retrieved 2024-03-30.
- ↑ Levin, Julie. "Dan and Brett Sundheim commit $5 million to fund growth at UHealth". news.miami.edu. Retrieved 2024-03-30.
- ↑ "Sundheims' record gift to support new humanities building". Ransom Everglades School. 2022-06-01. Retrieved 2024-03-30.
- ↑ "RE board welcomes new trustees". Ransom Everglades School. 2022-07-01. Retrieved 2024-03-30.
- ↑ "$10 Million Gift from Daniel and Brett Sundheim to Support International Undergraduate Students in SAS". almanac.upenn.edu. Retrieved 2024-03-29.
- ↑ "Donor Lookup: Dan Sundheim". OpenSecrets. Retrieved 30 March 2024.
- ↑ "Donor Lookup: Daniel Sundheim". OpenSecrets. Retrieved 30 March 2024.
- ↑ Giorno, Taylor (13 May 2022). "Billionaire executives and out-of-state donors pour millions into pro-McCormick super PAC ahead of Pennsylvania's Senate GOP primary". OpenSecrets. Retrieved 29 March 2024.
- ↑ Barshad, Amos (2024-02-01). "Inside The Israel Lobby's New $90 Million War Chest". The Lever. Retrieved 2024-03-30.
- ↑ "Viking Global Honcho Daniel Sundheim Scoops Up Roone Arledge's Old Pad For $28.5M". Observer. 2015-06-10. Retrieved 2024-03-30.
- ↑ Kazakina, Katya (2020-02-05). "Leverage Is Exploding in the Fine-Art World". Bloomberg.com. Retrieved 2024-03-30.
External links
This article "Daniel Sundheim" is from Wikipedia. The list of its authors can be seen in its historical. Articles taken from Draft Namespace on Wikipedia could be accessed on Wikipedia's Draft Namespace.