Edward Meyer Ackerman
July 23, 1928 - October 1, 2016
Edward M. Ackerman, born July 23, 1928, in Dallas, TX, passed away peacefully at home on Saturday, October 1, 2016, surrounded by his family. He is predeceased by his wife Helma Ackerman and is survived by his children Paula Ackerman Menendez (Douglas), David Ackerman (Caroline), Samantha Ackerman Simons, and Eddie Ackerman (Beth); his grandchildren Phillip, Emma and Lilly Simons, Reid and Owen Ackerman, and Sam and Sarah Menendez; and his niece Vicki Berler Pepper (Ken).
Ed was a graduate of Woodrow Wilson High School and the University of Texas. He served as a lieutenant in the Air Force, stationed in Japan during the Korean War. Following his service, he did post-graduate study in finance at New York University before joining Salomon Brothers, and later returning to Dallas as their regional manager. Ed founded Ackerman Associates, L.P., Dallas' first hedge fund, in 1969 and compiled an impressive track record of investment success until his retirement in 2007. He is also the founder of Ackerman Capital Management, an investment advisory firm that continues to thrive today.
As a philanthropist, Ed had a significant impact throughout the Dallas community. Much of his time and resources were dedicated to The Hockaday School, St. Mark's School of Texas, the UT Southwestern Medical Foundation, Temple Emanu-El, the Ackerman Center for Holocaust Studies at the University of Texas at Dallas, the Dallas Holocaust Museum, Hebrew Union College, and the Society for Classical Reform Judaism. He is remembered for his warmth, wisdom, humility, generosity, and as the loving patriarch of his family, which he considered his greatest legacy.
A memorial service will be held at Temple Emanu-El on Wednesday, October 5 at 11:30 am in Olan Sanctuary, with a reception immediately following. In lieu of flowers, please make a contribution to one of the organizations listed above.
Dallas, TX (September 14, 2016) - Ackerman Capital Management, L.P. is pleased to announce that Joshua M. Cohen has joined the firm as Partner and Director of Wealth management. Josh started his career as an investment banker in corporate finance for Lehman Brothers. He became an independent trader in 1996 and joined Regal Investments, L.P. as a partner in 2000. Josh was the managing partner of the hedge fund, Quad Asset Management, L.L.C. from 2008 to 2010. Since 2010 Josh has been successfully investing his own capital and that of a select number of high-net-worth clients. He was a long-time member of the board of directors of Free the Children and currently serves on the board of Sing for Hope. Josh has a B.A. in economics from the University of Texas.
About Ackerman Capital Management, L.P.
Founded in 1969, Ackerman Capital Management is an independently owned, SEC-registered Investment Advisor based in Dallas, Texas with over $300 million under management. Ackerman Capital Management provides comprehensive wealth management, trust and planning services to high-net worth families and individuals. The firm specializes in the management of multi-asset portfolios with an emphasis on minimizing investment costs, maximizing tax efficiencies, with state-of-the-art reporting capabilities. The firm's retirement services offering provides consulting and fiduciary services to companies in the management of their defined contribution and defined benefit plans.
Dallas, Texas, July 5, 2016 - Ackerman Capital Management is pleased to announce it has been named to the Financial Times Top 300 Registered Investment Advisors, as of June 16, 2016. The list recognizes top independent RIA firms from across the U.S.
This is the third annual FT 300 list, produced independently by the Financial Times Ltd. in collaboration with Ignites Research, a subsidiary of the FT that provides business intelligence on the investment management industry.
More than 1,500 pre-screened RIA firms were invited to apply for consideration, based on their assets under management (AUM). Applicants that applied were then graded on six criteria: AUM; AUM growth rate; years in existence; advanced industry credentials of the firm’s advisers; online accessibility; and compliance records.