David poppe sequoia biography

Investment firm

Ruane Cunniff LP, based in New York City, is the investment firm founded in by William J. Ruane, Richard T.

Cunniff and Robert Goldfarb.

Ruane Cunniff LP is best known as the investment advisor and distributor of the Sequoia Fund (SEQUX). For a long time after its inception in the Sequoia Fund recorded one of the best long-term track records on Wall Street.

Ruane Cunniff LP manages $19 billion in assets across the Sequoia Fund, hedge fund partnerships (Acacia Partners and Wishbone Partners), and separately managed accounts.^[2]

Management

After Robert Goldfarb retired David Poppe became the CEO, and the sole portfolio manager of the Sequoia Fund, until his retirement in Oct ^[3] After Poppe stepped down,^[4] a five-person investment committee manages the Sequoia Fund.^[5]

Sequoia Fund

The history of the Sequoia Fund traces its roots to Bill Ruane's lifelong friendship with Warren Buff