Twin Securities, Inc.
- Regulatory AUM
- $318M
- Discretionary
- $318M
- Clients
- 5
- Avg AUM / client
- $63.5M
- Accounts
- 5
- Employees
- 5
AUM over time
Reported AUM from Form ADV filings, plotted by filing date · as of Mar 31, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Pooled investment vehicles (non-investment companies) | 4 | $260M | 81.7% |
| Other investment advisers | 1 | $58.2M | 18.3% |
Private funds (2)
Reported in Form ADV Section 7.B.(1), filing of Mar 2024 · $202M combined gross assets
| Fund | Type | Domicile | Gross assets | Owners |
|---|---|---|---|---|
| Twin Master Fund, Ltd. master | Hedge Fund | Cayman Islands | $155M | 14 |
| Twin Opportunities Fund, Lp | Hedge Fund | Delaware | $46.4M | 12 |
People (2)
| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Simon, David, Joel | President, Chief Investment Officer | Jan 1988 (39y) | 75% or more | |
| Taubenfeld, Daren | Chief Financial Officer And Chief Compliance Officer | Dec 2018 (8y) | Less than 5% |
Undisclosed: 0% – 25% of the firm is not attributable from the filed Schedule A bands.
Roster from the IAPD representatives feed; ownership and acquisition dates from Form ADV Schedule A/B. "Since" is the earliest filed registration or acquisition date.
Private funds (2, $202M gross assets)
| Fund | Type | Gross assets | Min. investment | Owners |
|---|---|---|---|---|
| Twin Master Fund, Ltd. | Hedge Fund | $155M | $1.0M | 14 |
| Twin Opportunities Fund, Lp | Hedge Fund | $46.4M | $1.0M | 12 |
From Form ADV Section 7.B private fund reporting.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 03/31/2026 | 1.43 MB | View · PDF · Source ↗ |
Archived copies of the firm's regulatory filings, versioned by content hash.
Disciplinary disclosures
No disciplinary events reported on the firm's latest Form ADV filing.
How they charge
- • Percentage of assets under management
- • Performance-based fees
Services
- • Portfolio management for pooled investment vehicles
- • Portfolio management for businesses/institutional clients
Custody
Reported custodians
- Goldman Sachs $57.5M (18% of AUM) Mar 2026
- State Street $15.0M (8% of AUM) Mar 2020
- Morgan Stanley $656K (0% of AUM) Mar 2026
Amounts as reported in ADV Item 5.K.(3) (custodians holding 10%+ of SMA assets).
Firm reports it does not have custody of client funds or securities (Item 9.A).
Source
All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: Mar 31, 2026.
View current Form ADV (SEC/IAPD) ↗