New US Investment Firm Set Up, Attracts Record HNW Money

Paul Das

29 April 2005

A number of senior managers from major Wall Street investment banks have set up Samson Capital Advisors, a fixed income asset management firm that will predominately target high net worth individuals. Roy Zuckerberg, a former vice chairman of Goldman Sachs, Carolyn Dolan, a former senior manager in Offitbank, and Benjamin Thompson, a senior manager at JP Morgan, are the main people behind the setting up of Samson, which is based in New York City. “Samson was created to offer wealthy families and intermediate-sized institutions an alternative to the large-institutional business model that has become the industry standard,” the firm said in a statement. The firm has already attracted more than $2.4 billion in assets under management, mostly from HNWIs. “What differentiates us is that we have brought together a group of seasoned professionals who have built their careers managing fixed income assets for affluent families and their causes,” said Mr Thompson.