Hall of Fame Induction Year
2023
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Inductee Biography
S. Donald Sussman is the Founder, Chairman, and Co-Chief Investment Officer of the Paloma Fund. He is also an active philanthropist, supporting causes that advance education, health care, arts and culture, gender equality, public interest media, and democracy protection. Since founding Paloma 40 years ago, Donald has been recognized as a pioneer in hedge fund investing, particularly in the early development of quantitative and relative value investing. Sussman was named to the “Power 100 in Global Finance” by Worth magazine in 2019 and the Institutional Investor-Alpha Hedge Fund Hall of Fame in 2013. He has also been awarded Hedge Funds Review’s Lifetime Achievement Award. The S. Donald Sussman Fellowship at MIT’s Sloan School of Management was created in 2012 by his colleagues and friends to honor his contributions to quantitative finance. Donald Sussman supported efforts to combat COVID-19 and strengthen vital health care systems through gifts to Mass General Hospital and the Cleveland Clinic, and helped modernize and expand health care facilities at both Miami Jewish Health and Northern Light Blue Hill Hospital in Maine. He has been a significant supporter of the University of the Virgin Islands, where he served for several years as a Trustee and made the cornerstone donation for the establishment of its medical school, which will be the first HBCU medical school in nearly 45 years. Donald is an Honorary Trustee and former Co-Chair of the Investment Committee of Carnegie Hall. He has served as a member of the MIT Sloan School Finance Group Advisory Board, as well as a Trustee/Board member of ProPublica, Emily’s List, and the Center for American Progress. He is also an Honorary Trustee of the Ethical Culture Fieldston School and a former Trustee and Investment Committee Chair of Skidmore College. A lifelong homeowner in and lover of Maine, an investment by Donald Sussman saved the Portland Press Herald from insolvency in 2012, putting it on a solid operating footing. He has been the founding backer of two other award-winning media outlets as well as a supporter of NPR. Donald Sussman attended Columbia College and received a B.S. and an M.B.A. from New York University, as well as an Honorary Doctorate from the Weizmann Institute of Science and Maine College of Art. An avid sailor and environmentalist, he has also supported a range of causes in coastal Florida, coastal Maine, and St. John, USVI.
Digital Collection
Huizenga College of Business and Entrepreneurship Hall of Fame
Disciplines
Business
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