We mourn the passing of
Robert E. Zoellner
Founded Alpine Associates
with his wife Victoria in 1976


Bob was a true pioneer in the merger arbitrage business, a wonderful teacher and an inspirational leader. We will miss him dearly.

Bob was a man of vision, passion and compassion who lived for teamwork and camaraderie. His legacy will live on through the close-knit, outstanding team of seasoned professionals he mentored at Alpine Associates.

Alpine seeks to produce stock market-like returns
with substantially less risk and volatility

Alpine Associates Management Inc. (“Alpine” or the “Firm”) manages the Alpine funds, which were founded in 1976 and have produced outstanding absolute returns. The Alpine funds have engaged in merger arbitrage and long/short equity trading since their inception. The firm’s investment strategies also include convertible arbitrage.

  • Exceptional 40 year track record of absolute and risk-adjusted returns with historical non-correlation to the S&P 500
  • The Alpine funds have historically produced significant alpha through multiple market cycles
  • The Firm currently has $1.8 billion of total assets under management
  • Of the current 36 employees, 10 are investment professionals whose average tenure with the firm is over 15 years
  • Alpine's mission is to generate superior absolute returns across all market environments with low volatility and low correlation to both equity and fixed income markets
  • Over our long history, we have been highly successful at producing returns that beat both the stock market and the bond market
  • As a fixed income substitute: Alpine's core business of merger arbitrage has been consistently profitable, exhibited low volatility, and benefited from rising interest rate environments
  • As an equity alternative: Alpine has produced superior long-term returns while avoiding the severe stress caused by significant downside volatillity

Alpine was founded by Robert E. Zoellner (1932-2014) and his wife, Victoria E. Zoellner, who continues to serve as the Chairman of Alpine's Board of Directors. Bob Zoellner was a legend in the financial industry and his vision and spirit continue to inspire Alpine as it moves into the future.