1") is being jointly filed by Silver Point Capital, L.P., a Delaware limited partnership ("Silver Point"), Mr. Edward A. Mul and Mr. Robert J. O'Shea with respect to the ownership of shares of Common Stock of the Company by Silver Point Capital Fund, L.P., Silver Point Capital Offshore Master Fund, L.P., Silver Point Distressed . Claiming and updating your company profile on Zippia is free and easy. Funds describe this approach in marketing materials as "multi-strategy," boasting of their ability to invest "across a company's capital structure." In this situation, we would If one aims to piggybackthe investing acumen and research prowessof hedge funds, he/she could check the 13G and 13D public filings submittedwith the U.S. Securities and Exchange Commission. Founded in 2002 by former Goldman Sachs employees Edward Mul and Robert O'Shea . All rights reserved. 1 overall in Institutional Investor's annual Hedge Fund Report Card survey. The company is 45.0% female and 42.6% ethnic minorities. Colleen Additional practices include creating separate file space for committee work and formal compliance reviews. Hes one of five children, his dad was a New York City police officer, and he attended on a scholarship. Best Companies to Work For in Connecticut, Best Finance Companies to Work For in Connecticut, Best Companies to Work For in Greenwich, CT, Best Finance Companies to Work For in Greenwich, CT, Executive Assistant To Chief Executive Officer. Enron Despite these restrictions, academic research suggests that insiders - in general - tend to outperform the market in their own companies. In a recent fiscal year, Fordham University received a $1.1 million grant from the O'Sheas through their foundation. Silver Point was founded in 2002 by Edward Mul and Robert O'Shea. Things got so hostile this spring in the Chapter 11 proceedings of See the list of most profitable insider traders. O'Shea was co-CEO at the firm from 2002 until 2011, at which time he became chairman. The company has great employee retention with staff members usually staying for 4.3 years. Robert J. Oshea is Chairman, Silver Point Capital, L.P. at Silver Point Capital Lp and has been affiliated with Silver Point Capital Lp since March-2002. Robert O'Shea net worth is $1.3 Million Robert O'Shea Wiki: Salary, Married, Wedding, Spouse, Family . Since 2003, Silver Point has originated approximately $19bn in over 385middle market loans. When these funds also traffic in the company's securities, it creates a situation fraught with temptation. 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. Net Net: Promoting innovation and managing change . Show More Silver Point Capital Demographics. to their financial advantage. Indeed, the examiner's report will encompass an investigation into whether any of the creditors' committee members--including Post and AIG--breached the screening wall and committed trading violations. The O'Sheas have also strongly supported their alma mater, Fordham University. Want to track news by this author or about this industry? So when I came in and walked them through this idea that I had, and explained that I thought this was a really large market, and no one was really involved with it, they were the type of firm that would take the shot.. The Michigan Wolverines men's ice hockey team is the college ice hockey team that represents the University of Michigan in Ann Arbor, Michigan.Earning varsity status in 1922, the program has competed in 100 seasons. In 2002, O'Shea co-founded the Greenwich, Connecticut-headquartered Silver Point Capital with fellow Goldman alum Edward A. Mule. Insiders are officers, directors, or significant investors in a company. 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.. In their work, both Gatto and OShea said that they began noticing a need for training in the credit markets. None of the information on this page has been provided or approved by Silver Point Capital. Former Goldman Sachs partnersEdward A. Mul and Robert J. OShea foundedSilver Point Capital in 2002, focusing on creditand special situations investments. 10% of Silver Point Capital employees are Black or African American. If this insiders trade profitability is "N/A", then the insider either has not made any open-market purchases in the last three years, or the trades they've made are too recent to calculate a reliable performance metric. Silver Point Capital is a Greenwich, Connecticut-based hedge fund founded by ex-Goldman Sachs debt traders Robert O'Shea and Edward Mul in 2002. , are active participants in the distressed arena. Its a competitive advantage to understand, OShea said. in BAS / Basis Energy Services, Inc.. Silver Point Capital generates $75.0M in revenue. Silver Point Capital LP, founded in 2002 by Goldman Sachs alums Edward A. Mule and Robert J. OShea, is a Connecticut-based distressed debt and credit-focused private investment firm. This table shows the complete list of insider trades made by Robert J O'Shea as disclosed to the Securities Exchange Commission (SEC). Founded in 2002 by Edward A. Mul and Robert J. O'Shea, Silver Point was designed and built to have the deep resources, expertise and capital needed to take advantage of the natural . U.S. 236.2 holds with a net worth of $25 million or more Canyon Value Realization, . Jan 16, 2023 From Dr. O'shea to . Learn more in our Privacy Policy. EDUCATION: OSheas educations grants tend to prioritize institutions with which the family has personal ties; however, the couple funds education work beyond them. Read the Privacy Policy to learn how this information is used. Information on current and former positions, network members and contacts for Robert O'Shea. This investment was recommended by Aon Hewitt Investment Consulting and ATRS staff concurs as well. million in Silver Point Capital Fund, L.P. using Imminent Need. 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. "Silver Point is the gold standard in the distressed arena, and I'd be very surprised if they committed trading violations by mishandling information received on the creditors' committee," says Thomas Janover, a bankruptcy partner at the New York law firm Kramer, Levin, Naftalis & Frankel. OShea said that the partner loved the idea and brought him on board to do it. Robert O'Shea: Silver Point Capital: Co-Founder, Partner & Chairman: 000 0000: To view Silver Point Capital's complete board members history, request access Silver Point Capital Subsidiaries (1) Company Name Industry Location Founded; 000000 00000 00000: Corporate Pension: Greenwich, CT: He was elected general partner in 1994. This website is provided as is without any representations or warranties, express or implied. Since inception, the Firm has sought to build a world class investment management firm and a business model that would differentiate Silver Point in the market. Known for its maple syrup and dairy cows, Vermont rarely serves as a battleground for Wall Street's masters of the universe. We then calculate the average performance of those trades over 3, 6, and 12 months, averaging If, for example, the share price of the company was in a non-cyclical climb Nothing on this website constitutes, or is meant to constitute, advice of any kind. If you require advice in relation to any financial matter you should consult an appropriate professional. But over the past few months, this bucolic state has been the site of a nasty war involving some of the industry's most powerful hedge funds, bankers and lawyers. In 2021, the company reported to manage approximately $15 billion in assets. Together, they created and led Goldman's distressed debt and special situation lending businesses before leaving to create Silver Point. The Firm's co-founders, Ed Mul and Bob O'Shea, have been building and managing credit and special situation businesses, including proprietary middle market direct lending . Mr. Gatto was one of the first employees at Silver Point Capital, a credit-focused hedge fund. The average salaries at General Atlantic rank the highest, with their employees earning an. Gender Male. Silver Point Capital Michele, a life coach and yoga instructor, also motivates the couple's interest in yoga and integrative medicine. Prior to founding Silver Point, OShea worked at Goldman Sachs for 10 years. Debunking The Myths - Are Rising Interest Rates Bad For Stocks? Silver Point Capital, founded in 2001 by Goldman Sachs Group alumni Edward Mul and Robert O'Shea, has the ultimate comeback story. . Silver Point Capital competitors include Avenue Capital Group, King Street Capital Management, SL Green Realty, Evercore, Centaurus Financial, Denham Capital, Wealth Development Strategies, Lexington Realty Trust, Mariner Investment Group, Phoenix Financial Holdings, Realty Income, General Atlantic, Investacorp. Silver Point Capital is an investment manager focused on global credit investing. Get contact details including emails and phone numbers As of January 2023, Silver Point Capital has over 260 employees, including over 80 investment professionals and manages approximately $22 billion in investible assets. Robert O'Shea, MD, MSCE, is a Staff physician in the Department of Gastroenterology and Hepatology and the Transplantation Center, located on the main campus of Cleveland Clinic. We seek to build enduring businesses and long-term relationships with our business partners and investors. At issue is whether, as members of a creditors' committee, hedge funds are misusing the private information they receive. Post failed to return calls. On Oct. 21, members of the Fordham community heard how a unique idea helped Robert Bob OShea, GABELLI 87, become one of the youngest partners in Goldman Sachs history before establishing his own firm. Consider the situation where an insider was doing this. Check out IPs directory of philanthropy and fundraising consultants. , a specialty materials manufacturer based in Brattleboro, Vt., that the U.S. Bankruptcy Court for Vermont appointed an independent examiner to investigate the case. Cerberus Capital Management Silver Point also provided sworn testimony from four employees expressly laying out its compliance rules separating the public and private components of its business. Increasingly, these funds--as creditors to a bankrupt entity--will join a company's creditors' committee, giving them a strong voice in the bankruptcy process and influence over the terms of a reorganization plan. Among other allegations, Miller's report will address the most serious accusation emerging from the dispute--that hedge fund Silver Point Capital LP . Donna Rapaccioli, Ph.D., dean of the Gabelli School, said the OShea Center will be a center of excellence that bridges the gap between academia and financial markets., A critical part of the centers work, she said, will be helping students to gain a competitive edge in an underserved financial area., Joseph M. McShane, S.J., said that the center would be bringing our students and professors together with the professional world and the evolving realities of 21st-century finance.. This analysis is for one-year following each trade, and FIRM: Silver Point Capital AGE: 43 Tough customers when it comes to distressed situations, Mule and his partner, Robert O'Shea, have a sterling reputation. Investment banks' trading desks, notably Robert Sinkewicz.
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