Bruce H. Lipnick is Founder, Chief Executive Officer, and Chairman of Asset Alliance Corporation. He has an extensive background in alternative investments, with over 45 years of experience in the financial services industry, and was a pioneer in utilizing hedging techniques in portfolio management. He served as President of Pierpont Management, one of the earliest family offices. While under Mr. Lipnick's leadership, Asset Alliance acquired and or seeded 18 firms, raising over $7 billion in AUM along with its affiliated managers. In 2002, Asset Alliance launched the first 40 ACT Mutual Fund, which invested in Alternatives (with AUM growing to $1.7 Billion).
Mr. Lipnick was a member of the Advisory Council of the Milken Institute California Center and the First Eco Power Summit in Brazil. He was also a member of Speaker Nancy Pelosi's Congressional Speakers Cabinet. Mr. Lipnick has received numerous awards, including the Ernst & Young's Entrepreneur of the Year Award, the Executive of the Year in Investments and Financial Planning by Worldwide Who's Who, the Lifetime Achievement Award for Giving from Hedge Funds Care, and the Lifetime Achievement Award from the Young Jewish Professionals.
Mr. Lipnick has run several Fund of Funds, was a featured speaker on panels regarding the state of the hedge fund industry, and was invited to participate in the Champions of Change event at The White House for crowd funding in 2013. He is often quoted in Barron’s, Wall Street Journal, New York Times, and Forbes. Mr. Lipnick is also a patron of The Washington Ballet in Washington, D.C.
Mr. Lipnick also served on the board of HedgeCoVest, the next generation of hedge fund investing for accredited and non-accredited investors to access hedge fund and long only strategies online. Mr. Lipnick is the Chairman and Founder of nRapt, a new streaming media platform with aggregated performing arts content in theater, dance, opera, concerts, and educational programs. Mr. Lipnick is one of only 200 VR visionaries worldwide to be selected as a member of the Kaleidoscope Network for VR industry leaders.
Mr. Lipnick is a graduate of Long Island University and currently holds securities licenses 3, 24, 7, 63.