Dear Valued Visitor,

We have noticed that you are using an ad blocker software.

Although advertisements on the web pages may degrade your experience, our business certainly depends on them and we can only keep providing you high-quality research based articles as long as we can display ads on our pages.

To view this article, you can disable your ad blocker and refresh this page or simply login.

We only allow registered users to use ad blockers. You can sign up for free by clicking here or you can login if you are already a member.

Hedge Fund - Ascend Capital

Malcolm Fairbairn Bio, Returns, AUM, Net Worth

Ascend Capital is a San Francisco based long-short equity hedge fund that was founded in 1999. The fund’s founder and Chief Investment Officer is Malcolm Fairbairn. Ascend Capital has more than $3 Billion in AUM as of May 2011. Ascend Partners II fund had a 3-year annualized return of 8.3% between 2006 and 2008, and lost only 3% in 2008. Ascend Partners II was among Barron’s Top 100 hedge funds in 2009. Ascend Partners II returned 8.6% annually between January 2004 and May 2010. Ascend Partners, Ascend’s flagship fund returned 16.2% annually between Jan 2000 and September 2007. Fairbairn previously worked at Citadel Investment Group and Strome Susskind. Malcolm Fairbairn holds an MBA from Harvard Business School and has B.S. and M.S. degrees in Chemical Engineering from Massachusetts Institute of Technology.
Ascend Partners Fund II, which has $438 million in AUM (Septemebr 2014), returned 3.5% in 2014 through November, vs. gains of 11.6% in 2013, 3.5% in 2012, and a loss of 3.5% in 2011. The fund's maximum drawdown was 5.2% in 2008. Check out Ascend Capital's 2014 Q3 investor letter for more details.

Malcolm Fairbairn
Fund Profile
Filing Period:
Fund Name: Ascend Capital
Manager Malcolm Fairbairn
Portfolio Value $1,990,584,000
Change This QTR +0.94%
Fund Holdings Sector Distribution
Top 13F Holdings
Filing Period:
Last update:
No. Security Ticker Shares Value (x$1000) Activity % Port
1. WCN 1,071,131 $85,444 +618% 4.29%
2. GPK 5,937,494 $83,184 +107% 4.17%
3. MYL 2,003,339 $73,323 +126% 3.68%
4. CCK 1,445,528 $69,385 +107% 3.48%
5. H 687,687 $54,734 +14% 2.74%
News, Interviews and Investor Letters