Linden Advisors LP

Overview

Linden Advisors LP is a global, independent alternative investment management firm specializing in hedge fund and managed account solutions. Founded in 2003, the firm is headquartered in New York City and has an additional office in Hong Kong. It has been a registered investment advisor with the U.S. Securities and Exchange Commission since 2006. Linden Advisors focuses on providing discretionary investment advisory services to private investment funds and separately managed accounts, employing strategies such as convertible bonds, credit arbitrage, and equity volatility. The firm's investment approach emphasizes market neutrality, capital preservation, and generating positive risk-adjusted returns. Linden Advisors employs a master-feeder structure consisting of domestic and international feeder funds and a master fund. The firm has approximately $27.3 billion in regulatory assets under management as of December 31, 2024. Linden Advisors is led by CEO and Chief Investment Officer Joe Wong, who co-founded the firm in 2003 and has over 25 years of experience managing convertible bond portfolios. Under his leadership, the firm has grown to become a significant player in the hedge fund industry, known for its disciplined investment process and robust risk management. Linden Advisors is committed to integrating environmental, social, and governance (ESG) factors into its investment process. The firm considers ESG issues and opportunities, including climate-related risks, as part of its investment approach in monitoring investment merit and risk across investment strategies. Linden seeks to implement a policy that considers ESG risks and opportunities while acting in the best interests of its investors. The firm's investment professionals are responsible for identifying ESG risks and opportunities in the investment process and have extensive experience in assessing ESG risk factors and opportunities. Linden Advisors has developed a multi-disciplinary approach to ESG oversight, involving senior investment team members, compliance, and the brokerage committee in monitoring the incorporation of ESG factors into investment decisions and analyzing ESG trends in the portfolio.