Donald Sung
Co-Chief Investment Officer at Basso Capital Management, L.P.
About
Donald Sung is the Co-Chief Investment Officer at Basso Capital Management L.P., a global asset manager and multi-family office. Based in San Francisco, he helms the firm’s investment strategy and research, leveraging over 25 years of investment management experience. His role involves overseeing portfolio construction and macroeconomic research with a focus on absolute return, alternative investments, and multi-asset class portfolios targeting high-net-worth and institutional clients.
Donald’s expertise centers on alternative asset classes, including hedge funds, private equity, credit, and bespoke investment solutions for clients with complex needs. At Basso, he plays a leading role in building and monitoring multi-strategy portfolios, with deep sector knowledge spanning global equities, credit markets, and capital markets transactions.
Before joining Basso, Donald was President at Reason & Rationality and Head of Capital Markets at Finalis, bringing prior experience as a partner and managing director at premier financial institutions such as Lazard Freres, Deutsche Bank, Nomura, and Morgan Stanley. He holds a J.D. from the University of Chicago Law School and graduated magna cum laude in Literature with a math minor from Harvard University, where he was also valedictorian at St. Paul’s School. His investment acumen is supported by a strong legal, analytical, and multi-disciplinary foundation.
Career History
| Organization | Role | Date Range | Details |
|---|---|---|---|
| Basso Capital Management L.P. | Co-Chief Investment Officer | Apr 2024 to Present | — |
| Reason & Rationality | President | May 2023 to Present | — |
| Finalis | Head of Capital Markets | Jun 2022 to Apr 2024 | — |
| Nomura | Managing Director | Nov 2016 to Mar 2019 | — |
| Lazard | Partner and Managing Director | Jan 2012 to Jul 2016 | — |
| Deutsche Bank | Managing Director | Apr 2004 to Apr 2012 | Equity Capital Markets. Led Convertible and Equity Derivative structuring and placement. Inventor, Issuer Stock Borrow Facility in connection with convertible debt financing (US Patent Application #US... |
| Morgan Stanley | Executive Director | Jan 1994 to Jan 2004 | Equity Derivatives Sales & Trading. Structured and traded equity derivative products including equity-linked notes, collars and margin loan. Equity Capital Markets origination specializing in converti... |
| Sidley Austin LLP | Associate | Jan 1993 to Jan 1994 | Tax attorney |
Education
University of Chicago Law School
Doctor of Law (J.D.)
1989 — 1992
Harvard University
Bachelor of Arts (B.A.), magna cum laude, Literature with minor in Math
1985 — 1989
St. Paul's School
Valedictorian
1982 — 1985
Skills & Expertise
Others at Basso Capital Management, L.P. (4)
| Name | Role | Location |
|---|---|---|
J Jenner Stagg | Chief Investment Officer | Stamford, CT , United States |
M Michael Dooher | Senior Trader | Stamford, CT , United States |
T Tara Merlone | Associate | Fairfield, CT , United States |
D David Scharf | Portfolio Manager | New York, NY , United States |
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