Peter Palmedo founded Sun Valley Gold LLC in December 1998, establishing the Idaho-based hedge fund manager specializing in investments primarily focused on precious metals. Currently serving as Chairman of West Vault Mining, Inc., and President, Treasurer & Director of Sun Valley Gold Co., Peter Palmedo has held significant roles throughout his career.
Previously, he served as Chairman of American Gold Capital Corp. and as an Independent Director at Chesapeake Gold Corp. from 2011 to 2013. His earlier experience includes a principal position at Morgan Stanley & Co. LLC from 1981 to 1989. Mr. Palmedo earned his undergraduate degree from Hampshire College in 1979.
As of March 19, 2024, SUN Valley Gold manages assets for three clients, with discretionary assets under management (AUM) totaling $99.85 million. Their Q1 2024 13F filing disclosed $51.42 million in managed 13F securities, with a top 10 holdings concentration of 100%. The firm's largest holding is in Galiano Gold Inc., with 14,978,090 shares held.