What stage does GoldenTree Asset Management invest at?

GoldenTree Asset Management invests at the Pre-Seed, Seed, Series A stages.

What sectors does GoldenTree Asset Management focus on?

GoldenTree Asset Management focuses on PropTech, Sector Agnostic.

Where is GoldenTree Asset Management located?

GoldenTree Asset Management is headquartered in New York, US.

Does GoldenTree Asset Management lead rounds?

GoldenTree Asset Management typically participates in rounds rather than leading them.

GoldenTree Asset Management

Institutional investor

New York · Pre-Seed–Series A · 7 people tracked

Also known as GOLDENTREE ASSET MANAGEMENT LP

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Investment thesis

GoldenTree focuses on credit investing, seeking top-quartile, double-digit return profiles across alternative strategies through fundamental analysis performed by a collaborative team with diverse expertise. Its playbook spans public and private corporate investments, structured credit, distressed and turnaround situations, emerging markets credit, and real estate, aiming to identify value and manage risk to drive attractive returns for clients. The firm is employee-owned with no public shareholders, emphasizing alignment of interest with investors, and operates globally from offices across the US, Europe, Asia Pacific, and the Middle East.

Invests inPropTech Sector AgnosticAsia-PacificAustraliaEuropeGermanyGlobalIrelandJapanMiddle East & North AfricaNew YorkNorth AmericaSingaporeUnited Arab EmiratesUnited KingdomUnited States

Source: firm website, verified Aug 3, 2026.

Stage

Pre-Seed–Series A

New York, NY, US

Leads rounds

Follows

Instruments

Debt · Equity

Founded

2000

AUM

$70.1B

Tracked investments

Team · 7 people

from the firm's website

Steven Shapiro· Founding Partner

Founding Partner and Executive Committee member at GoldenTree. Previously a Managing Director heading Media and Telecommunications Research in the High Yield Group at CIBC World Markets, a research analyst at The Argosy Group, and a bankruptcy attorney at Stroock & Stroock & Lavan. Holds degrees from the University of Pennsylvania.

Steven Tananbaum· Founder, Managing Partner & Chief Investment Officer

Founder of GoldenTree, which he established in 2000 and where he launched the firm's flagship Master Fund alternative strategy.

Christopher Hayward· Partner, President & Chief Financial Officer

Kathy Sutherland· Partner & Chief Executive Officer

Partner and CEO of GoldenTree and Executive Committee member, overseeing global strategy, product and business development, and long-term planning. Previously a Managing Director at J.P. Morgan responsible for Fund and Structured Credit Distribution and various management roles over 12 years. Holds a B.A. in Chemistry from the University of Virginia.

Lee Kruter· Partner & Head of Performing Credit

Partner and Head of Performing Credit, and Lead Portfolio Manager for the Private Credit, Multi-Sector, Loan Management, and corporate/structured credit strategies. Executive Committee member who chairs the Private Credit Committee. Previously a VP at Credit Suisse in Leveraged Finance Research. CFA charterholder with a degree from NYU Stern.

Simon Granger· Partner & Head of Restructurings & Turnarounds, EMEA

Partner and Head of Restructurings & Turnarounds for EMEA, responsible for restructurings and turnarounds across Europe, the Middle East, and Africa, and a member of the Executive and Distressed Committees. Previously Senior Managing Director and Head of Corporate Finance & Restructurings EMEA at FTI Consulting and a Director at Deloitte. Chartered accountant with a degree from Warwick University.

Ted S. Lodge· Partner & Global Head of Restructurings and Turnarounds

Partner and Global Head of Restructurings and Turnarounds, and a member of the Distressed and Executive Committees. Has broad operational, financial, and legal experience across industries, having led restructurings as Chairman, Executive Chairman, or President. Holds degrees from the University of Pennsylvania Law School, LSE, and Brown University.

What they invest in

from 2 of 2 portfolio companies

Crypto & Web3 ×2Fintech ×2

Investments · 2 tracked

founders shown can be your intro path

Staderstaderlabs.com𝕏

Stader Labs is a non-custodial liquid staking platform that allows cryptocurrency users to stake their tokens across multiple Proof-of-Stake networks while maintaining access to their assets through liquid staking tokens.

Crypto & Web3Fintech

Tinymantinyman.org𝕏

Tinyman is a decentralized trading protocol built on the Algorand blockchain that enables users to trade and provide liquidity for Algorand Standard Assets.

Crypto & Web3Fintech

Portfolio news

latest coverage across their companies

Crypto Start-up Stader Labs Raises $4 Million in Funding Round Led by Pantera Capital

Stader · siliconindia.com · Feb 6, 2026

Fund performance · per public LP disclosures

as of Dec 2025

Fund	Vintage	Committed	Net IRR	TVPI	DPI
GoldenTree Asset Management LPLPs: Texas Municipal Retirement System	—	—	—	1.44x	—

Source: public limited-partner disclosures (CalPERS, CalSTRS). Net IRR / TVPI / DPI as reported by the limited partner; a fund's early-year IRR is an interim estimate (J-curve).

Frequently asked questions

What stage does GoldenTree Asset Management invest at?: GoldenTree Asset Management invests at the Pre-Seed, Seed, Series A stages.
What sectors does GoldenTree Asset Management focus on?: GoldenTree Asset Management focuses on PropTech, Sector Agnostic.
Where is GoldenTree Asset Management located?: GoldenTree Asset Management is headquartered in New York, US.
Does GoldenTree Asset Management lead rounds?: GoldenTree Asset Management typically participates in rounds rather than leading them.

Media · Podcasts & interviews

featuring the team

A Conversation with GoldenTree Asset Management Founder Steven Tananbaum | Global Conference 2025

Milken Institute · Steven Tananbaum

Lee Kruter Interview at SuperReturn International - 2026

GoldenTree Asset Management

Steven Tananbaum on iCapital's The Bridge - 2026

GoldenTree Asset Management

Bloomberg Global Credit Forum 2026 - Steven Tananbaum

GoldenTree Asset Management

Steven Tananbaum | 2026 Credit Opportunities Symposium NYU

GoldenTree Asset Management

Milken Institute Global Conference 2026 | Lee Kruter Highlight

GoldenTree Asset Management

Images

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