Glenn Myles, Nicole Newhaus, Bruce Lipnick, and Jeffrey Marcus at the CANCER101 2008 Boathouse Gala in New York. Photo: 2008 Manhattan Society.com by Gregory Partanio.
Bruce Lipnick is the Founder, CEO and Chairman of Asset Alliance.
Education: BA in Finance, Long Island University, 1969
Background: He has an extensive background in alternative investments with over 35 years of experience in the investment management and financial services industries, and was a pioneer in utilizing various hedging techniques in portfolio management in the early 1970's through the 1980's.
Prior to founding Asset Alliance, Mr. Lipnick served as principal, general partner and senior executive officer for several investment management organizations including Wharton Management Group, Inc., which he founded in 1982. Among other affiliate manager-related activities, Mr. Lipnick serves on the Boards of Directors of Wessex Asset Management Limited, a UK based hedge fund manager and Alternative Investment Partners, the advisor to certain open-end, publicly available, no load mutual funds.
Earlier in his career, Mr. Lipnick was President and Founder of the Elms Companies and was Vice President of Ladenburg Thalmann & Co., a merchant investment bank, in addition to founding and serving as President of Pierpont Management, Inc., a family office.
Mr. Lipnick is a member of the Advisory Council of the Milken Institute California Center and of the Advisory Board of the Eco Power Conference in Brazil. He is also a member of United States House of Representatives Speaker Nancy Pelosi's Speaker's Cabinet, and in 2002 he received Ernst and Young's Entrepreneur of the Year Award. Mr. Lipnick is a supporter of the New Combinations Fund for the New York City Ballet and a supporter of the School of American Ballet at Lincoln Center. He is also a patron of MOMA and the Metropolitan Museum of Art, a past Dinner Chairman of Petra Nemcova's Happy Hearts Fund and a board member of Hedge Funds Care. In 2008, Mr. Lipnick received the Lifetime Humanitarian Award for Giving from Hedge Funds Care.