Polar Asset Management Partners Inc.
- Regulatory AUM
- $37.9B
- Discretionary
- $37.9B
- Clients
- 19
- Avg AUM / client
- $2.0B
- Accounts
- 20
- Employees
- 164
AUM over time
Annual snapshots from Form ADV filings · as of Jun 29, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Pooled investment vehicles (non-investment companies) | 19 | $37.8B | 99.7% |
| Pension and profit sharing plans | Fewer than 5 clients | $96.0M | 0.25% |
Private funds (4)
Reported in Form ADV Section 7.B.(1), filing of Oct 2024 · $33.2B combined gross assets
| Fund | Type | Domicile | Gross assets | Owners |
|---|---|---|---|---|
| Polar Multi Strategy Master Fund master | Hedge Fund | Cayman Islands | $31.6B | 11,130 |
| Polar Long/Short Master Fund master | Hedge Fund | Cayman Islands | $1.4B | 5,107 |
| Polar Spv 2020 3 Lp | Hedge Fund | Cayman Islands | $157M | 11 |
| Polar Crs 1 Lp | Hedge Fund | Cayman Islands | $55.7M | 11 |
People (8)
roster as of Jul 20, 2026| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Sabourin, John, Paul | Chairman/Chief Investment Officer | Mar 1997 (29y) | ≈ 3.52% – 25% via Flying Walrus Investments Inc. | |
| Sabourin, Thomas, Joseph | Trustee | Mar 2020 (6y) | GP / trustee / elected manager of Thomas Sabourin (2020) Family Trust (indirect) | |
| Sabourin, Jane, Elisabeth Mae | Trustee | Mar 2020 (6y) | GP / trustee / elected manager of Thomas Sabourin (2020) Family Trust (indirect) | |
| Sabourin, John, Vincent | Trustee | Mar 2020 (6y) | GP / trustee / elected manager of Thomas Sabourin (2020) Family Trust (indirect) | |
| Ma, Andrew, Man Ho | Chief Compliance Officer | Aug 2020 (6y) | Less than 5% | |
| Lemaich, Richard, Gregory | Chief Executive Officer, President | Oct 2024 (2y) | Less than 5% | |
| Puma, Richard, Scott | Chief Operating Officer | Oct 2024 (2y) | Less than 5% | |
| Patrick Michael Newton | Registered representative | CFA | Jan 2026 (1y) |
Entity owners (Schedule A/B)
| Entity | Title / status | Since | Sch. | Ownership |
|---|---|---|---|---|
| Polar Financial Corporation | Sole Shareholder | Mar 1997 | A | 75% or more |
| Thomas Sabourin (2020) Family Trust | Shareholder | Mar 2020 | B | ≈ 3.52% – 25% via Palsab Holdings Inc. |
| Polar Capital Corporation | Shareholder | Jul 2020 | B | ≈ 18.75% – 50% via Polar Financial Corporation |
| Flying Walrus Investments Inc. | Shareholder | Mar 1997 | B | ≈ 4.69% – 25% via Polar Capital Corporation |
| Palsab Holdings Inc. | Shareholder | Sep 1998 | B | ≈ 4.69% – 25% via Polar Capital Corporation |
Undisclosed: 0% – 25% of the firm is not attributable from the filed Schedule A bands.
Estimated effective ownership (look-through of filed bands):
- Sabourin, John, Paul: 75% – 100% of Flying Walrus Investments Inc. × 25% – 50% of Polar Capital Corporation × 25% – 50% of Polar Financial Corporation × 75% – 100% direct ≈ 3.52% – 25% of the firm
- Thomas Sabourin (2020) Family Trust: 75% – 100% of Palsab Holdings Inc. × 25% – 50% of Polar Capital Corporation × 25% – 50% of Polar Financial Corporation × 75% – 100% direct ≈ 3.52% – 25% of the firm
- Polar Capital Corporation: 25% – 50% of Polar Financial Corporation × 75% – 100% direct ≈ 18.75% – 50% of the firm
- Flying Walrus Investments Inc.: 25% – 50% of Polar Capital Corporation × 25% – 50% of Polar Financial Corporation × 75% – 100% direct ≈ 4.69% – 25% of the firm
- Palsab Holdings Inc.: 25% – 50% of Polar Capital Corporation × 25% – 50% of Polar Financial Corporation × 75% – 100% direct ≈ 4.69% – 25% of the firm
Roster from the IAPD representatives feed; ownership and acquisition dates from Form ADV Schedule A/B. "Since" is the earliest filed registration or acquisition date.
Private funds (4, $33.2B gross assets)
| Fund | Type | Gross assets | Min. investment | Owners |
|---|---|---|---|---|
| Polar Multi Strategy Master Fund | Hedge Fund | $31.6B | $250K | 11,130 |
| Polar Long/Short Master Fund | Hedge Fund | $1.4B | $250K | 5,107 |
| Polar Spv 2020 3 Lp | Hedge Fund | $157M | $1.0M | 11 |
| Polar Crs 1 Lp | Hedge Fund | $55.7M | $25.0M | 11 |
From Form ADV Section 7.B private fund reporting.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 06/29/2026 | 2.58 MB | View · PDF · Source ↗ |
Archived copies of the firm's regulatory filings, versioned by content hash.
Disciplinary disclosures
Allegations: IN AUGUST 2014, THE REGISTRANT NOTIFIED THE SFSA OF NET SHORT POSITIONS IN THE SHARES OF A SWEDISH ISSUER. THAT NOTIFICATION WAS UNINTENTIONALLY MADE LATER THAN THE NEXT-DAY NOTIFICATION DEADLINE SPECIFIED IN REGULATION (EU) NO. 236/2012. Status: Final Sanction Detail: $2,364 WAS PAID BY THE REGISTRANT ON 08/31/2015 PURSUANT TO THE INVOICE ISSUED BY THE SFSA. NO PORTION OF THE PENALTY WAS WAIVED. Summary: ON 02/19/2015, THE SFSA SENT THE CLIENT CORRESPONDENCE ADDRESSING A POTENTIAL VIOLATION OF EUROPEAN UNION SHORT SELLING RULES FOR FAILING TO TIMELY REPORT A SHORT NET POSITION. THE REGISTRANT REPLIED ON BEHALF OF THE CLIENT, EXPLAINING THE NOTIFICATION WAS UNINTENTIONALLY MADE LATER THAN THE REQUIRED NEXT-DAY NOTIFICATION DEADLINE AS THE RESULT OF INADVERTENT ERROR AND A CANADIAN CIVIC HOLIDAY. ON 05/11/2015, THE SFSA NOTIFIED VIA LETTER TO THE CLIENT THAT THE SFSA DECIDED TO IMPOSE FINES OF US$2,364. THE REGISTRANT HAS PAID THE FINE PURSUANT TO THE INVOICE ISSUED BY THE SFSA.
Disclosure text reproduced verbatim from the firm's own Form ADV filings.
How they charge
- • Percentage of assets under management
- • Performance-based fees
Services
- • Portfolio management for pooled investment vehicles
- • Portfolio management for businesses/institutional clients
Custody
Reported custodians
- UBS $93.8M (0% of AUM) Jun 2026
- Bnp Paribas Securities Corp. $12.0M (0% of AUM) Jun 2025
- Societe Generale Capital Canada Inc. $2.3M (0% of AUM) Jun 2026
Amounts as reported in ADV Item 5.K.(3) (custodians holding 10%+ of SMA assets).
Firm reports having custody of client funds or securities (Item 9.A).
Source
All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: Jun 29, 2026.
View current Form ADV (SEC/IAPD) ↗