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Capital Allocators · Monday, September 28, 2026

Bracebridge Capital's Origin: Founded in 1994 with Yale's Capital

Nancy Zimmerman co-founded Bracebridge Capital in 1994 with Gabe Sunshine, establishing an alternative asset manager focused on fixed income arbitrage. The firm's initial capital came from David Swensen at Yale, marking a significant early backing for the venture.

personGabe SunshinepersonDavid SwensencompanyBracebridge Capital

The tape

1 quote
“The co-founder and managing partner of Bracebridge Capital, a 13 billion dollar alternative asset manager specializing in fixing arbitrage that she founded over 30 years ago in 1994, alongside Gabe Sunshine with capital from David Swensen at Yale.”
Ted Seides
Heard on Capital Allocators — “Nancy Zimmerman – People, Process, and Fixed Income Arbitrage at Bracebridge (EP.517)”, published Monday, September 28, 2026. Heardvine summarizes and quotes with attribution and timestamps, and links to the original everywhere.
Transcribed via Gemini audio transcription · $0.06
Bracebridge Capital's Origin: Founded in 1994 with Yale's Capital — Heardvine