By Irwin Speizer
|Jamie Zimmerman: We are looking for companies where we have the wind at our back (Photographs by Jennifer Altman)|
It is never difficult to tell when Jamie Zimmerman is around. Zimmerman, the 51-year-old founder and head of New York hedge fund Litespeed Management, is a whirlwind of activity, rattling off a high-volume, nonstop patter of financial minutiae and shout-outs to her staff, all in a raspy New York accent.
“She has boundless energy in pursuing deals,” says Terry Sullivan, president of Paragon Advisors, a multifamily investment office in Shaker Heights, Ohio, which invests with Litespeed. “She can talk literally for hours on her deals and her portfolio, in as much detail as you want.”
But for all her frenetic energy, Zimmerman has a steady hand when it comes to managing money. Litespeed is an event-driven fund that specializes in distressed debt and special situation investments like mergers...