Tanico, Paul Patrick of CastleRock Asset Management, Inc.

Paul Patrick Tanico of CastleRock Asset Management, Inc.

Media Releases

In 2008 Paul Tanico donated thousands to both Republican and Democratic candidates. However, it appears that The Rudy Giuliani Presidential Committee either returned some of his donations or Mr. Tanico took them back.

Xaverian Distinguished Alumnus and Board Member, Paul P. Tanico ’73, received Fordham University School of Law’s 2008 Richard J. Bennett Memorial Award at a dinner reception at Cipriani 23rd Street on Tuesday, September 23, 2008.

In March of 2003, UBS PW’s Equity Opportunity collection of hedge funds was down 4% with redemptions of over $110 million for the year. Ten of their 18 managers produced negative results, led by CastleRock, Diamond Partners, SLS Investors, and Argus Healthcare. A few funds were dropped from UBS and allocations to CastleRock were reduced.

In 2002, PW Equity Opportunity announced it was “down 3.2% with 10 of the 17 managers posting losses, most notably CastleRock.”

Global Capital Strategies LLC and Anderson Global Associates LLC have both helped raise capital for US long/short equity funds CastleRock Partners and Sage Capital.

Paul P. Tanico and his wife Maria have named the “Maria L. Vecchiotti and Paul P. Tanico Conference Room” on the third floor of Tisch Hall at the Stern School of Business at New York University. Mr. Tanico graduated from NYU in 1977.

Paul P. Tanico is a member of the Centennial Founders. This is a group of alumni and friends of Fordham Law School who pledged a gift of $100,000 or more in the school’s centennial year. Mr. Tanico graduated from the Fordham Law School in 1980.

In a 1998 SEC release for Atalanta Sosnoff Capital, Paul P. Tanico was listed as one of three members of the company’s investment policy committee. The SEC release also stated that Paul Tanico “rejoined” the company in September of 1997.

In 1997, Sal Albanese was a Democratic mayoral candidate in New York. Due to a lack of financial backing, he was given very little chance of winning the primary. His largest financial contributor was Paul Tanico, a hedge fund manager in NYC.

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