Firm: York Capital Management
City: New York
2008 Age: 48
2008 Assets Under Management: $16 Billion
Dinan grew up in Worcester, MA. He graduated with a degree in economics from the University of Pennsylvania and received his MBA from Harvard.
He started his career working as an investment banker at Donaldson, Lufkin & Jenrette and in later in merger arbitrage at Kellner DiLeo.
He lost entire life savings on “Black Monday” in 1987, but bounced back founding York Capital Management in 1991 with $3.6 million. York Capital specializes in merger and aquisition transactions, distressed and restructuring opportunities and special situations equity investing.
Dinan achieved returns of over 20% for 2007.