Chatham Asset Management

Chatham Asset Management LLC
Company typePrivate
GenreHedge fund
Founded2000; 24 years ago (2000)
FounderAnthony Melchiorre
HeadquartersChatham Borough, New Jersey,
United States
Key people
Larry Buchalter

Chatham Asset Management LLC is an American hedge fund, founded by Anthony Melchiorre in 2000, with a large foothold in newspapers and tabloids, headquartered in Chatham Borough, New Jersey, United States. The company holds a controlling interest in Postmedia, A360media, McClatchy, and RR Donnelley.[1][2] Chatham's key principal is Larry Buchalter.

According to a 2018 article in Fortune, Chatham is known for its close ties to the Republican Party.[3] Chatham has a reputation for hard-edged business tactics. In 2016, the Financial Industry Regulatory Authority opened a review of Seaport Global Securities that included an examination of its relationship with Chatham.[3]

In 2023, Chatham and Melchiorre were charged by the U.S. Securities and Exchange Commission with 'improper trading of certain fixed income securities.', in relation to client trades of AMI stock.[4] They agreed to pay over $19.3 million collectively in fines.[5]

  1. ^ "Chatham Asset Management LLC - Company Profile and News". Bloomberg.com. Retrieved July 10, 2023.
  2. ^ 26 Main Street, Chatham Borough, New Jersey 07928 U.S. Accessed April 13th, 2024.
  3. ^ a b Smith, Gerry; Burton, Katherine; Nasiripour, Shahien; McNeely, Allison (August 30, 2018). "Behind Trump Tabloid King, a Connected and Flush Hedge Fund". Bloomberg. Retrieved April 27, 2024.
  4. ^ "SEC Charges Chatham Asset Management and Founder Anthony Melchiorre for Improper Fixed Income Securities Trading". U.S. Securities and Exchange Commission.
  5. ^ "SEC.gov | SEC Charges Chatham Asset Management and Founder Anthony Melchiorre for Improper Fixed Income Securities Trading". Retrieved April 27, 2024.