about us
Farallon is driven by a commitment to deliver to investors extraordinary risk-adjusted returns and exceptional service. Our people, our values and an investment process continually refined since 1986 are what make Farallon what it is today.
Capability and Commitment
Our investment capability is adaptive by design
Farallon invests across strategies and asset classes, using our flexible capital to respond to changes in markets and investment opportunities. We continually refine our investment strategies, process and structure, providing the framework for our people to innovate and compete successfully.
We are guided by a core mission and shared values
Farallon’s organizing principle is alignment of interests and of values. We build enduring relationships with our long-term investors and each other. Our senior investment team has a 19-year average tenure at Farallon.
Andrew Spokes
Executive Chair
“To be successful in this industry, a firm has to be able to reinvent itself again and again. Farallon is always a work in progress."
Our History
1986
Firm founded by Thomas Steyer to invest in merger arbitrage
1988
Developed Credit strategy, ahead of the collapse of the junk bond market
1990
Adopted the Farallon® name from Farallon Islands off San Francisco coast and registered with the U.S. Securities and Exchange Commission as an investment adviser
1992-1994
Developed Liquidations strategy and Real Estate strategy in the wake of the LBO and S&L crises
1994
Extended capability to Direct Investments, focused on illiquid special situations
1997
Formalized Corporate Restructurings strategy, precursor to Long/Short Equity strategy
2002
Milestone investment in Bank Central Asia marks extension of Special Situations strategy to Asia
2013
Formalized Healthcare strategy evaluating clinical trials and corporate events
2014
Extended Special Situations strategy in Brazil in wake of Lava Jato-induced credit crunch
2021
Leveraged over a decade of local investment experience and relationships to support corporate governance reforms in Japan
2024
Expanded Real Estate Credit strategy
1998
Established London office
2002
Established Singapore office
2006
Established Hong Kong office
2010
Established Tokyo office
2011
Established São Paulo office
2007
Andrew Spokes appointed co-Managing Partner
2009
Announced extensive series of investor transparency initiatives
2010
Refined portfolio overlay hedging and risk management
2011
Formed Global Investment Committee to oversee Direct Investments
2012
Leadership succession completed with Thomas Steyer's retirement
2013
Launched undergraduate investment case competitions
2014
Developed in-house data science capabilities
2018
Launched knowledge management and decision support initiative
2021
Began Digital Transformation Initiative to accelerate digitization of business operations
2021
Made commitments to Taskforce on Climate-Related Financial Disclosures (TCFD) and United Nations Principles for Responsible Investment (UN PRI)
2021
Deepened volatility market expertise to enhance systematic risk measurement, portfolio construction, and portfolio hedging
2022
Nicolas Giauque appointed co-Chief Investment Officer
2025
Nicolas Giauque became Managing Partner and Andrew Spokes retained position as Executive Chair