Noonday Asset Management said Friday that it has changed its name and will now be known as Farallon Capital. The name change is effective November 1, 2013. Headquartered in San Francisco, Farallon invests in public and private debt and equity securities.
SAN FRANCISCO, SINGAPORE, LONDON, HONG KONG, TOKYO, Nov. 1, 2013 /PRNewswire/ — Noonday Asset Management announced that it will now operate under the name Farallon Capital. The name change unites Farallon Capital Management’s global offices under a single name, effective November 1, 2013.
Farallon is a global investment partnership and today’s announcement is a formal recognition of how the structure of the firm has grown over time.
“Over the years, our partners at Noonday have played an increasingly greater role in the firm and have become a critical part of who we are and how our business is run,” said Andrew Spokes, Farallon’s Managing Partner. “While we have largely been known as Noonday in Europe and Asia for some time now, operating under a single name will better serve our overseas teams in every market.”
“We have evolved as a firm and the universal use of the Farallon name reflects the way our organization is owned and operated today,” said Ray Zage, CEO of Noonday Asset Management Asia Pte. Ltd. in Singapore, adding that the Noonday name may continue to be used for certain investment activities.
“The change to our trading name recognizes that we are all part of one team, the Farallon team,” said Nicolas Giauque, Managing Member of Noonday Asset Management LLP in London.
Farallon Capital Management, L.L.C. is a global institutional asset management firm founded in 1986. Farallon manages approximately $19 billion for institutions, including college endowments, charitable foundations and pension plans, and for high net worth individuals. Farallon employs approximately 160 employees. Farallon is headquartered in San Francisco and has offices in London, Singapore, Hong Kong, Tokyo and Sao Paulo. Farallon invests in public and private debt and equity securities, direct investments in private companies and real estate. More information about Farallon may be found at www.faralloncapital.com.
Farallon manages assets locally from offices in London, Singapore, Hong Kong and Tokyo, through subadvisory relationships with firms formerly known as Noonday Asset Management LLP, Noonday Asset Management Asia Pte. Ltd., Noonday Asset Management Asia (HK) Limited and Noonday Asset Management Japan, L.L.C. With effect from November 1, 2013, these companies will be known by the names Farallon Capital Europe, Farallon Capital Asia Pte. Ltd., Farallon Capital Asia (HK) Limited and Farallon Capital Japan LLC, respectively. Separately, Farallon Latin America Investimentos, Ltda. acts as Farallon’s subadvisor from Sao Paulo. Farallon Latin America Investimentos, Ltda., Farallon Capital Asia Pte. Ltd., Farallon Capital Asia (HK) Limited and Farallon Capital Japan LLC are subsidiaries of Farallon Capital Management, L.L.C.