Farallon Capital Management

Farallon Capital Management

Global investment firm managing assets

Overview

Farallon Capital Management is a global investment firm that manages public and private assets for a diverse set of clients, including institutions, high-net-worth individuals, and family offices. It uses bottom-up fundamental analysis to pick investments and then applies ideas across global markets, aiming for solid, risk-conscious returns. The firm earns management fees and performance incentives, tying its compensation to client results, and emphasizes collaboration and aligned incentives. Its goal is to deliver superior risk-adjusted returns for clients over time through disciplined research and adaptable strategies.

About Farallon Capital Management

Simplify's Rating
Why Farallon Capital Management is rated
B
Rated A on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Quantitative Finance

Financial Services

Company Size

201-500

Company Stage

N/A

Total Funding

$10.9B

Headquarters

San Francisco, California

Founded

1986

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Simplify's Take

What believers are saying

  • Farallon added Immunovant 275% and Boston Scientific 41% in Q2 2026.
  • The firm bought Crinetics, Tango Therapeutics, and InflaRx-linked healthcare exposure in 2026.
  • Farallon still wins co-investments, including Shapoorji Pallonji debt talks and multiple 2026 private rounds.

What critics are saying

  • Biotech concentration ties Farallon’s returns to FDA and trial outcomes across a few names.
  • SPY options and top-ten concentration create sharp drawdown risk if markets gap lower.
  • Persistent underperformance can trigger redemptions, forcing a slower shrinkage spiral at Farallon.

What makes Farallon Capital Management unique

  • Farallon’s Q2 2026 portfolio held 89 positions, with 41.9% in biotech and pharma.
  • Farallon mixes public equity, options, and private deals, including 2026 investments in Mirador and Parabilis.
  • Farallon runs active, hands-on engagements, including its January 2026 push on T&D Holdings.

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Funding

Total Funding

$10.9B

Above

Industry Average

Funded Over

0 Rounds

Benefits

Health Insurance

Dental Insurance

Vision Insurance

401(k) Retirement Plan

Company News

GlobeNewswire
Sep 1st, 2026
HiBob secures investment to fuel AI-powered enterprise built on trusted workforce context.

HiBob secures investment to fuel AI-powered enterprise built on trusted workforce context. Salesforce leads the investment, reinforcing HiBob's vision that the future of work will be powered by Organizational Intelligence. September 01, 2026 10:15 ET | Source: HiBob NEW YORK and LONDON, Sept. 01, 2026 (GLOBE NEWSWIRE) - HiBob, the company behind the people management platform Bob, today announced an investment led by Salesforce with additional participation from Farallon. This marks a key milestone in HiBob's evolution from a modern HR platform into an organizational intelligence layer for modern businesses. The investment reflects a shared belief that trusted workforce data and organizational context will become critical infrastructure for the AI-powered enterprise. As AI agents and agentic workflows become embedded across the business, companies will need a trusted understanding of their people, roles, skills, teams, permissions, incentives, managers, and organizational structure. AI can surface insights, automate tasks, and accelerate decisions but leaders can only act with confidence when those recommendations are grounded in the real context of how their organization works. "We founded HiBob with a simple conviction: The world of work has transformed, and will continue to transform at a rapid pace," said Ronni Zehavi, CEO and co-founder of HiBob. "Salesforce's investment validates our belief that AI is not only changing technology, it is changing the architecture of organizations. As people and AI agents increasingly work side by side, trusted workforce context will become fundamental to how companies redesign work, empower managers, and make better decisions." AI is changing the organization, not just the technology As AI takes on more work, companies are rethinking roles, skills, team structures, management systems, and accountability. The biggest challenge is not simply deploying AI tools, but redesigning how people, teams, and AI agents work together. "The biggest mistake companies can make is to think AI is primarily a technology story," said Zehavi. "It is an organizational and managerial revolution. The winners will not simply have the best AI model. They will build the best organizations for the AI era." HiBob's long-term vision is to provide the organizational intelligence companies need to manage this hybrid workforce, helping organizations understand capabilities, identify skill gaps, plan their workforce, support managers, and create clearer accountability as people and AI agents work side by side. Trusted organizational context is the foundation for enterprise AI As AI models become more widely available, enterprise advantage will come from the proprietary context that makes AI accurate, relevant, safe, and actionable. HiBob's platform brings together trusted data about people, teams, reporting structures, skills, goals, compensation, managers, performance, and workforce plans. These elements are the organizational context leaders need to make meaningful decisions. AI without a trusted organizational context is generic. AI grounded in trusted people and business context can help leaders understand not only what is happening, but why it is happening, who is best positioned to act, and what should happen next. "HiBob has built an impressive global people platform serving more than 5,500 customers, with a deep understanding of how organizations operate," said Joe Teplow, Chief Strategy Officer at Slack and SVP at Salesforce Labs at Salesforce. "This trusted foundation of workforce context makes AI more useful, relevant, and connected to how businesses actually operate." An open, headless approach to organizational intelligence HiBob is building an open platform that brings trusted workforce context into the systems where work happens across collaboration, CRM, finance, and operations. In an AI-powered enterprise, organizational intelligence cannot reside solely within an HR application. It needs to be available through agents, workflows, and increasingly headless experiences in the flow of work. The investment also builds on the growing integration between Slack and HiBob, bringing a more conversational, employee-centric experience to Bob and helping workforce context reach employees and managers where decisions move forward. By connecting people, data, roles, skills, teams, permissions, and structure within these environments, HiBob can help organizations work faster, be more accountable, and be more aligned with how their business actually operates. "AI is most effective when it understands the people, roles, and structures that shape an organization," said Ryan Gavin, CMO of Slack. "Trusted workforce context provides that foundation, making AI more relevant to the teams using it. Our work with HiBob brings that context into Slack, where people collaborate and make decisions every day." As AI increases organizational capability, HiBob believes the human side of performance becomes more important, not less. AI agents will provide speed, scale, and execution. People will provide judgment, creativity, empathy, and accountability. In the AI era, putting people first is how companies put business first. About HiBob HiBob is the people platform for the modern world of work. Its award-winning solution, Bob, connects HR, payroll, and finance in a single solution, providing organizations with a trusted foundation for managing their people and operations. Building on this foundation of verified workforce data, HiBob delivers organizational intelligence directly into the systems where work happens, serving as critical infrastructure for the AI-powered enterprise that bridges the gap between people and agents. Engineered for modern organizational dynamics, HiBob empowers leaders to gain deep visibility into their people and capabilities, identify skill gaps, strategize workforce planning, and foster clear accountability. Today, thousands of mid-sized and enterprise organizations across more than 170 countries rely on HiBob to build more agile, high-performing cultures. Press Inquiries

Bloomberg Law
Sep 1st, 2026
Salesforce leads $160M funding round in HR software firm HiBob at $3.2B valuation

Salesforce is leading a $160 million funding round for HiBob, a human resources software company, valuing the startup at more than $3.2 billion. The enterprise software giant is providing the majority of the investment, with participation from Farallon Capital Management. The deal marks a significant backing for HiBob, which develops HR management software. Salesforce's investment aligns with growing corporate demand for digital workforce management tools. Representatives for Salesforce declined to comment on specific financial terms of the transaction.

StockTitan
Jul 29th, 2026
LB Pharmaceuticals raises $150M to expand LB-102 into new indications

LB Pharmaceuticals announced a private placement agreement to sell 3,577,560 common shares and pre-funded warrants for up to 715,513 additional shares at $34.94 per share. The company expects to raise approximately $150 million in gross proceeds before expenses. The financing includes participation from new and existing institutional investors, including Adage Capital Partners, BB Biotech, and funds managed by Farallon Capital Management. Leerink Partners and Piper Sandler served as placement agents. LB Pharmaceuticals intends to use the net proceeds to fund pipeline expansion of LB-102 into new indications, including negative symptoms of schizophrenia and Alzheimer's disease agitation and psychosis. The company will also use funds for working capital and general corporate purposes. The transaction is expected to close on or about 30 July 2026, subject to customary closing conditions.

The Economic Times
Jul 10th, 2026
Shapoorji Pallonji raises $2.6B from Deutsche Bank, BlackRock to refinance debt

Shapoorji Pallonji Group has secured Rs 21,500 crore in its first funding tranche through rupee and dollar-denominated debt, with the issue fully subscribed by domestic and global institutional investors. The rupee bonds, with three-year tenure, were priced to yield about 18.95%, whilst the dollar tranche carries a yield of around 14.5%. The first tranche comprises Rs 15,200 crore in rupee-denominated issuance and approximately $650 million from offshore dollar investors. Investors include Deutsche Bank, BlackRock, Davidson Kempner Capital Management, Varde Partners, Ares Management, and Goldman Sachs Asset Management, amongst others. The fundraising, backed by the group's 18.37% stake in unlisted Tata Sons, aims to replace higher-cost debt. Funding is scheduled to complete on 20 July.

PR Newswire
Jun 29th, 2026
Talawar Therapeutics and JATT II Acquisition Corp. Announce Definitive Business Combination Agreement to Create Publicly Listed Biotechnology Company Developing Potentially Best-in-Class Bispecifics for I&I Diseases

Oversubscribed $225 million concurrent private investment in public equity ("PIPE") with available cash to the combined company at closing anticipated to fund...

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