Silver Point Capital employees are most likely to be members of the republican . This analysis is for one-year following each trade, . The three creditors cut prominent profiles. expect either (a) positive returns after purchases, or (b) negative returns after sales. (business & personal). Bob O'Shea. Investment banks' trading desks, notably distressed investment arm run by, In a bankruptcy, a company's financial and commercial creditors will often sell their claims in order to exit the protracted, contentious bankruptcy process. It was founded in 2002 by former Goldman Sachs partners, Edward A. Mul and Robert J. O'Shea. NEW JERSEY COMMUNITY: Based in New Jersey, the couples foundation directs money to a number of New Jersey organizations. We place high value on being analytical, smart and intellectually rigorous, which facilitates delivery of our vision. Today, Silver Point manages more than $15 billion of assets under management across hedge fund, private equity, and direct lending strategies. Want to track news by this author or about this industry? He joined Goldman in 1990 to found and build the firms global bank loan business. Mr. Gatto was one of the first employees at Silver Point Capital, a credit-focused hedge fund. the results are theoretical. One area to keep an eye on in particular is integrative medicine. Team 2nd Low Net & Team 3rd Low Net, Most Honest Golfer; Tina O'Shea, Wyckoff Y Cares Fund - "A Year in Review" . Bob O'Shea is co-founder and chairman of Silver Point Capital, a private investment firm focused on credit and special situation investing throughout credit cycles. Post Advisory Group Despite their political differences, employees at Silver Point Capital seem to be happy. Ed, together with Bob O'Shea, built and led Goldman's special . Claiming and updating your company profile on Zippia is free and easy. For instance, the couple created a program for nurses at Valley Hospital to educate them on "holistic practices for enhancing their own well-being." Among other allegations, Miller's report will address the most serious accusation emerging from the dispute--that hedge fund We believe this sort of collaboration is essential for the Gabelli Schools mission, and what that mission is, is the education of compassionate business leaders that drive positive global change, he said. Together, they created and led Goldman's distressed debt and special situation lending businesses before leaving to create Silver Point. Hedge fund Silver Point Capital buys big stake in Postmedia Network", "Opponent Stresses Wall Street Experience", "Infographic: The 2014 Hedge Fund Report Card", https://en.wikipedia.org/w/index.php?title=Silver_Point_Capital&oldid=1142584370, Financial services companies established in 2002, Companies based in Greenwich, Connecticut, Creative Commons Attribution-ShareAlike License 3.0, This page was last edited on 3 March 2023, at 06:43. American International Group The strongest indicator would be a situation where the share price was extremely cyclical, and there were both positive signals The hedge funds, and the banks with whom they do business, have turned bank loans and claims trading into a more liquid, competitive and aggressive market. After FiberMark filed for bankruptcy in March 2004, the creditors' committee--led by AIG, Post and Silver Point--requested that the court authorize them to continue trading the company's securities. Description. Research Summary. However, they must report all trades to the SEC via a Form 4. Prior to working at Goldman Sachs, he worked at Bear Stearns in the high yield department and Security Pacific Bank in the Merchant Banking Group. Mul headed or co-headed Goldman's Special Situations Investing Business from 1999 to 2001. the results are theoretical. in the same courtroom. Lorem ipsum dolor sit, amet consectetur adipisicing elit. He established the company in 2002. The Greenwich, Connecticut-based hedge fund firm was down . $497,400 to the Republican Party. each of those durations to generate a final performance metric for each trade. O'Shea Robert J: Copper Property CTL Pass Through Trust: Silver Point Capital L.P. Gulfport Energy Corp: iHeartMedia, Inc. PDL Biopharma Inc: Leominster High School - Magnet Yearbook (Leominster, MA), Class of 1913, Cover | E-Yearbook.com has the largest online yearbook collection of college, university, high school, middle school, junior high school, military, naval cruise books and yearbooks. Silver Point Capital may also be known as or be related to Silver Point Capital, Silver Point Capital, L.P. and Silver Point Capital . . OShea said that the partner laid out their plan, which was to underwrite bank loans the way they previously had with stocks and bonds. Manage Products and Account Information. Former Goldman Sachs partnersEdward A. Mul and Robert J. OShea foundedSilver Point Capital in 2002, focusing on creditand special situations investments. None of the information on this page has been provided or approved by Silver Point Capital. When these funds also traffic in the company's securities, it creates a situation fraught with temptation. made by the insider, excluding all trades that were marked as part of a 10b5-1 trading plan. Silver Point Capital is an investment manager focused on global credit investing. [4], In 2014, Silver Point ranked No. A consistent pattern of loss avoidance may suggest that future sale transactions may predict declines in price. 10% of Silver Point Capital employees are Black or African American. , a specialty materials manufacturer based in Brattleboro, Vt., that the U.S. Bankruptcy Court for Vermont appointed an independent examiner to investigate the case. See the list of most profitable insider traders. About Robert J. Oshea of SILVER POINT CAPITAL. The OSheas have also collaborated with a yoga organization called Kula for Karma to integrate therapeutic yoga and meditation programs for cardiac and cancer patients at Valley Hospital. In this section, we analyze the profitability of every unplanned, open-market insider purchase made Past grantees in the New Jersey area include the Breezy Point Disaster Relief Fund, an organization established after Superstorm Sandy; Two Towns Charity, a nonprofit "founded with the hopes of healing children in the North Rockland Community"; Oasis, which works "to change the lives of women and children by breaking the cycle of poverty through compassionate programs designed to feed, clothe, educate and empower women and children in need"; Wyckoff Parks and Recreation Foundation; Community Food Bank of New Jersey; Friends of Wyckoff Library; Wyckoff Volunteer Ambulance Corps; and Flow Follies, the "largest Scholarship Fundraiser for the Ramapo Indian Hills Regional High School District.". Finally, we average all of the performance metrics to calculate a performance metric for the insider. Data is a real-time snapshot *Data is delayed at least 15 minutes. Use the PitchBook Platform to explore the full profile. Silver Point fired back, alleging that AIG and Post have used their positions on the creditors' committee to advance their own agenda. As a result, the company pleaded with the court to help it resolve the dispute because "the ever-escalating charges and countercharges among the [creditors' committee] have become so severe as to warrant the impartial examiner to clear the air.". Krispy Kreme Doughnuts OShea said that while working there he had an idea for trading loans on the secondary market, where one investor purchases debt from another, and pitched this idea to other firms, including Bear Stearns. I applied [for jobs] at every single major investment bank on Wall Street. The company has great employee retention with staff members usually staying for 4.3 years. We're using cookies, but you can turn them off in Privacy Settings. Today, Silver Point manages more than $15 billion of assets . This page provides a comprehensive analysis of the known insider trading history of Robert J O'Shea. made by the insider in the last three years. We encourage and foster a specific culture in our firm characterized by integrity and honesty, humility, mutual respect, teamwork, strategic and creative thought, leadership, a commercial approach, rigorous execution and a commitment to excellence. In a recent fiscal year, Fordham University received a $1.1 million grant from the O'Sheas through their foundation. Founded in 2002 by Edward A. Mul and Robert J. OShea, Silver Point Capital was designed and built to have the deep resources, expertise and capital needed to invest in the global credit markets throughout credit cycles. O'Shea is co-founder and chairman of Silver Point Capital, a private investment firm, founded in 2002 and focused on credit and special situation investing throughout credit cycles. The following table shows the most recent open market purchases that were not part of an automatic trading plan. CB Rank (Person) 33,347. Our key asset is our people; we strive to hire the best people, train and mentor them and create an environment in which they will thrive. We strive to align our interests and those of our business partners and investors. Hedge fund manager Kyle Bass, founder of Hayman Capital Management, said a substantial U.S.-China trade agreement is unlikely at this stage. The firm, based in Greenwich, Connecticut, was founded in 2002. by Edward A. Mul and Robert J. O'Shea. 20% of Silver Point Capital employees are Hispanic or Latino. Following the lead of several other bankruptcy judges in such high-profile cases as This does not mean This website is provided as is without any representations or warranties, express or implied. H.4(a) Mr. Armstrong Ms. Garrity February 9 , 202 2 Page Two Also authorized was Resolution 202 2 -12 to commit up to $ 30 million in SK Capital Partners VI, L.P. with Imminent Need. Respondents were asked to rank the companies according to eight criteria: alpha generation, risk management, alignment of interests; transparency, infrastructure, independent oversight, liquidity terms and investment relations. Silver Point Capital, L.P. is a distressed debt and credit-focused private investment firm based in Greenwich, Connecticut. . would show a series of downward sloping curves, indicating negative returns after each sale transaction. 1 overall in Institutional Investor's annual Hedge Fund Report Card survey. The post-financial crisis world has been very, very good for Silver Point Capital. After joining the Firm in April 2002, he became the first non-founding partner in January 2003 . BACKGROUND: Robert J. O'Shea graduated from Fordham University's College of Business Administration in 1987. RMcCausland@sagetelecom.net Allen, TX 75013-2789 For Transferee Patrick J. Whittle Brett P. Ferenchak . Before joining Greenhill, Miller, an independent examiner, was considered the nation's leading debtors' counsel as senior partner at Get this delivered to your inbox, and more info about our products and services. , is one of a newfangled hedge fund species: funds that not only trade a company's distressed debt but also operate lending businesses--sometimes extending loans to the same companies whose debt it actively trades. Jan 16, 2023 From Dr. O'shea to . If, for example, the share price of the company was in a non-cyclical climb Read the Privacy Policy to learn how this information is used. . This list only includes insiders that have made at least three trades in the last two years. The data presented on this page does not represent the view of Silver Point Capital and its employees or that of Zippia. in finance. Former Goldman Sachs partners Edward A. Mul and Robert J. O'Shea founded Silver Point Capital in 2002, focusing on credit and special situations investments. On average, employees at Silver Point Capital stay with the company for 4.3 years. Silver Point Capital: Investor: Co-Founder, Partner & Chairman: Greenwich, CT: Hedge Fund: 0000-00-00: Silver Point Capital trades in their own companies. Things got so hostile this spring in the Chapter 11 proceedings of Credit drives our economy, the global economy, the U.S. economyif you look at the history of the country, credit markets are at the center of the growth of the U.S. economy, OShea said. Silver Point Capital, L.P. Silver Point Capital Lp is a hedge fund that manages 10.4 BN dollars in regulatory AUM and has 142 employees, of which 44 perform investment . In 2002, O'Shea co-founded the Greenwich, Connecticut-headquartered Silver Point Capital with fellow Goldman alum Edward A. Mule. Sign In Subscribe. robert o'shea silver point capital net worth July 7, 2022 Uncategorized Founded: 2002 Subsidiaries: Silver Point Finance, LLC, Standard Acquisition Holdings, Llc. Silver Point Capital L.p. is the Director, 10% Owner of Gulfport Energy Corp and owns about 9,166,825 shares of Gulfport Energy Corp (GPOR) stock worth over $610 Million.Silver Point Capital L.p. is the 10% Owner of Dana Inc and owns about 7,563,538 shares of Dana Inc (DAN) stock worth over . That opened up a whole bunch of new industries, especially for people like me who specialize in distressed debt investing, he said. . FiberMark, which filed a second proposed plan of reorganization with the court on June 23, declined to comment, as did AIG and Silver Point. Lorem ipsum dolor sit amet consectetur adipisicing elit. Silver Point Capital's headquarters is in Greenwich, CT. Mul and O'Shea founded Silver Point in 2002 and quickly established the firm as a force in the fixed-income markets. OShea was a quintessential Fordham student, according to Gatto. The U.S. It was founded in 2002 by former Goldman Sachs partners, Edward A. Mul and Robert J. O'Shea. over many years, then we would expect all jeudi 19 dcembre 1895, Journaux, Montreal (Qubec) :James N. Greenshields,1892-1896. Enron At the bottom of the rankings, which included 47 funds that received a "statistically significant" number of responses in the Institutional Investor survey, Bill Ackman's Pershing Square joined Bain and Cerberus. Montreal (Qubec) :James N. Greenshields,1892-1896. C. . The outcome of the FiberMark case is being watched closely. Mr. . Silver Point Capital LP . By CNBC's Jeff Cox. 2 overall in Institutional Investor's annual Hedge Fund Report Card survey.[13]. {{ userNotificationState.getAlertCount('bell') }}. Learn more in our Privacy Policy. What I would recommend is that you go in and become the number one market maker in loans [and] create an institutional product around bank loans.. . Silver Point Capital. to their financial advantage. September 21st, 2021 - Hedge Funds Insider Trading, October 10th, 2019 - Hedge Funds Insider Trading, July 31st, 2019 - Hedge Funds Insider Trading, June 11th, 2016 - Hedge Fund Analysis Hedge Funds News, October 28th, 2015 - Hedge Fund Analysis Hedge Funds News. O'Shea was co-CEO at the firm from 2002 until 2011, at which time he became chairman. Silver Point has significant experience in direct lending leveraging a senior and well-resourced team, with senior investment professionals having 20+ years of industry experience, on average. Bear Stearns At issue is whether, as members of a creditors' committee, hedge funds are misusing the private information they receive. Post failed to return calls. OShea was featured in a virtual fireside chat with Michael Gatto, an adjunct professor at Columbia Business School and Fordhams Gabelli School of Business, as a part of the Gabelli Schools Centennial Speaker Series. OShea was a member of Goldmans risk committee, which was responsible for managing the firms global risk exposure.
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