Greg Lippmann Explained

Greg Lippmann
Birth Name:Greg Holden Lippmann
Nationality:American
Alma Mater:University of Pennsylvania
Occupation:Banker
Spouse:Kimberly Lee Duckworth

Greg Holden Lippmann (born 1968/1969) is an American hedge fund manager, and one of the key figures in Michael Lewis' book The Big Short.[1]

Early life

Greg Lippmann is the son of Susan Lippmann, a business manager at Purchase College, and Thomas J. Lippmann, the retired owner of the DBL Operating Corporation, a real estate investment and management business in New York, both of Scarsdale, New York.[2]

He earned a bachelor's degree in economics from the University of Pennsylvania in 1991.[3] [2] [4]

Career

Lippmann worked for Deutsche Bank, as global head of asset-backed securities trading, until he left in April 2010, and was succeeded by Pius Sprenger.[5] [6]

In February 2010, Lippmann announced that he would be joining a hedge fund started by Fred Brettschneider, who was formerly Deutsche Bank's head of global markets.[6] Lippmann co-founded LibreMax Partners with Brettschneider, and is its Chief Investment Officer and Portfolio Manager.[4]

In May 2016, Bloomberg LP reported that Lippmann was working with Promise Financial on a wedding loans business.[7]

Personal life

On December 14, 2002, he married Dr. Kimberly Lee Duckworth in New York City.[2]

In popular culture

A character based on Lippmann, Jared Vennett, was portrayed by actor Ryan Gosling in the 2015 film The Big Short.

Notes and References

  1. Web site: WHERE ARE THEY NOW?: 'The Big Short' Edition. April 27, 2018.
  2. News: WEDDINGS/CELEBRATIONS; Kimberly Duckworth, Greg Lippmann. The New York Times . 15 December 2002. 27 April 2018. NYTimes.com.
  3. Book: Lewis. Michael. The big short : inside the doomsday machine. 2010. Allen Lane. London. 9781846142574. 80.
  4. Web site: Executive Profile: Greg Holden Lippmann. Bloomberg LP. 27 April 2018.
  5. Book: Vincent W. Veneziani. The Greatest Trades of All Time: Top Traders Making Big Profits from the Crash of 1929 to Today. 27 April 2018. 4 October 2011. John Wiley & Sons. 978-0-470-64599-4. 141–142.
  6. Web site: Lippmann, Deutsche Trader, Steps Down. Dealbook. 21 April 2010. The New York Times. 27 April 2018.
  7. Web site: Greg Lippmann, 'Big Short' Trader, Wants to Finance Your Wedding. 6 May 2016. 27 April 2018. www.bloomberg.com.