Enter employee name to find & verify emails, phones, social links, etc. While prospective clients of these funds might find this versatility appealing, regulators are more skeptical. trades in their own companies. in BAS / Basis Energy Services, Inc.. Before joining Greenhill, Miller, an independent examiner, was considered the nation's leading debtors' counsel as senior partner at LOOKING FORWARD:Only in his 50s, Robert O'Shea is still very much engaged in business, but he and his wife Michele should be watched for greater giving down the line. You may opt-out by, Todays Heardle Answer And Clues For Sunday, March 5, The Early Returns Of Kevin Durant In The Phoenix Suns Offense, Todays Quordle Answers And Hints For Sunday, March 5, 12 New Moons Have Been Found Orbiting Jupiter, Say Scientists. made by the insider, excluding all trades that were marked as part of a 10b5-1 trading plan. NET WORTH: Unknown SOURCE OF WEALTH: Goldman Sachs; Silver Point Capital FUNDING AREAS: New Jersey Community, Education, Health OVERVIEW: Robert and Michele O'Shea conduct their philanthropy through the O'Shea Family Foundation, which tends to prioritize the New Jersey community in which they live.The foundation supports human services, youth, and other outfits. OShea 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. Search over 700 This investment was recommended by Aon Hewitt Investment Consulting and ATRS staff concurs as well. Neither of these charts would suggest insider trading activity. All rights reserved. In a recent fiscal year, Fordham University received a $1.1 million grant from the O'Sheas through their foundation. 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.. The County review. Information on current and former positions, network members and contacts for Robert O'Shea. Silver Point Capital is ranked #23 on the Best Companies to Work For in Connecticut list. 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. Silver Point Capital LP . And Silver Point is a $4 billion hedge fund run by Edward Mul Edward Mul and Robert O'Shea Robert O'Shea , former Goldman Sachs Group partners who each held senior positions in the firm's . 20% of Silver Point Capital employees are Hispanic or Latino. 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. O'Shea was co-CEO at the firm from 2002 until 2011, at which time he became chairman. Despite their political differences, employees at Silver Point Capital seem to be happy. and Headquartered in Greenwich, Connecticut, the firm has approximately 180 employees . At issue is whether, as members of a creditors' committee, hedge funds are misusing the private information they receive. This situation would be highly suggestive of an insider that was timing trades ), (Read more: A look inside hedge fund pay). 10% of Silver Point Capital employees are Black or African American. to the present day. robert o'shea silver point capital net worth July 7, 2022 Uncategorized Analytics help us understand how the site is used, and which pages are the most popular. Edward A. Adjusted Price is the split-adjusted price. Additional practices include creating separate file space for committee work and formal compliance reviews. The following table shows the most recent open market sales that were not part of an automatic trading plan. It is illegal for insiders to make trades in their companies based on specific, non-public information. This website is provided as is without any representations or warranties, express or implied. The diversity in Silver Point Capital employees extends to employee political beliefs. Individuals (high net worth individuals) 0 0.0 (c) Banking or thrift institutions: 0 0.0 (d) Investment companies . 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 . The Greenwich, Connecticut-based hedge fund firm was down . Have you worked at Silver Point Capital? A consistent pattern of loss avoidance may suggest that future sale transactions may predict declines in price. the firm, piloted by Edward Mule and Robert O'Shea, has . Using a database of 30 million profiles, Zippia estimates demographics and statistics for Silver Point Capital. and WorldCom, she approved the creditors' request but set forth stringent trading rules to insulate the funds' trading operations from their committee-related activities. over many years would result in downward sloping post-trade plots. Funds have implemented virtual "screening walls" to separate the activities of, and information available to, creditors' committee members and trading operations. Edward Mul. Mr. Gatto was one of the first employees at Silver Point Capital, a credit-focused hedge fund. Hes one of five children, his dad was a New York City police officer, and he attended on a scholarship. Competitors of Silver Point Capital include General Atlantic, Avenue Capital Group, and King Street Capital Management. In 2002, O'Shea co-founded the Greenwich, Connecticut-headquartered Silver Point Capital with fellow Goldman alum Edward A. Mule. Live Now. OShea said that he was rejected by a minimum of 50 firms, but with some persistence he landed an interview at Security Pacific and impressed them enough to get a job working in the leveraged loan market. Information on current and former positions, network members and contacts for Robert O'Shea. Jan 16, 2023 From Dr. O'shea to . Celebrating International Womens Day With Five Independent Jewelry Designers, New Apple Leak Reveals iPhone 15 Design Surprise, New iPhone 15 Exclusive Confirms Stunning Apple Design Decision. 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. The funds listed above (collectively, the "Funds") are managed by Silver Point or its wholly owned subsidiaries.Silver Point Capital Management, LLC ("Management") is the general partner of Silver Point and as a result may be deemed to be the beneficial owner of the securities held by the Funds.Each of Mr. Edward A. Mul and Mr. Robert J. O'Shea is a member of Management and has voting . However, they must report all trades to the SEC via a Form 4. The post-financial crisis world has been very, very good for Silver Point Capital. The SEC filings indicate Robert J O'Shea has reported holdings or trades in the following companies: The following charts show the stock performance of securities subsequent to each open-market, non-planned trade made by Robert J O'Shea. 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. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. Others physically separate creditors' committee representatives from the traders of stocks and bonds, placing them in different rooms or floors. . state department unaccompanied posts listchris lemons net worth 14 avril 2022 198 ; state department unaccompanied posts listsan francisco school . "Silver Point Capital Hedge Fund Letters", "Metropolitan Gaming Announces Completion of Acquisition of Caesars UK and Africa Assets", "Company News; Krispy Kreme Secures $225 Million in Loans", "U.S. During the event, OShea and Gatto touched on a key benefit of the center: giving Gabelli students the kind of credit industry insight that other universities dont provide at the undergraduate level, helping them stand out and succeed in the job market. This Schedule 13G 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 the common stock of the Company by Silver Point Capital Fund, L.P. (the "Onshore Fund") and Silver Point Capital Offshore Master Fund, L.P. (the . The foundation supports human services, youth, and other outfits. We calculated the performance score of companies by measuring multiple factors, including revenue, longevity, and stock market performance. Mr. OShea was hired by Goldman in 1990 to build their bank loan business, which included underwriting, trading, sales, capital markets and research. trade are trades that were not made as part of a 10b5-1 trading plan. Credit Suisse Group We constantly seek to create comparative advantages in each of our investment strategies. Follow him on Twitter @JeffCoxCNBCcom. Success must be shared throughout our organization with respect to compensation, experience, knowledge and accolades. Robert Mullins reviews the three models that have been put forth to explain the appearance of Israel in the . OTHER: Byond New Jersey, the couple recently funded youth organizations such as Save the Children and Right to Play. Robert J. O'Shea is the co-founder at Silver Point Capital L.P. in BAS / Basis Energy Services, Inc.. Former Goldman Sachs partnersEdward A. Mul and Robert J. OShea foundedSilver Point Capital in 2002, focusing on creditand special situations investments. Judge Ten percent of MAG was owned by SP MAG Holdings, a Delaware LLC. Silver Point Capital Offshore, Edward Mule, Robert O'Shea Silver Point Capital, U.S. Credit 4.5 14.9 NA In BLOOMBERG MARKETS' first-ever ranking of the top 100 large hedge funds, bets on mortgages, . . 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.. No credit card required. OShea said that the partner laid out their plan, which was to underwrite bank loans the way they previously had with stocks and bonds. In 2019, join American Experience and PBS to relive the journey that defined a generation. Insiders are officers, directors, or significant investors in a company. He was also on the board of Goldman Sachs international bank and senior traders committee. OShea was co-CEO at the firm from 2002 until 2011 at which time he became chairman. in the same courtroom. 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. If you use the site without changing settings, you are agreeing to our use of cookies. the results are theoretical. Founding Partners . Silver Point Capital L.P. inked a $275 million agreement to buy the company as it comes out of Chapter 11. . 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. Global Business and Financial News, Stock Quotes, and Market Data and Analysis. This does not mean Help other job seekers by rating Silver Point Capital. 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.". Manage Products and Account Information. I told him, If I were you, I wouldnt do it that way, he said. Silver Point Capital employees are most likely to be members of the republican party. Founded in 2002 by former Goldman Sachs employees Edward Mul and Robert O'Shea . This list only includes insiders that have made at least three trades in the last two years. Post failed to return calls. Data is a real-time snapshot *Data is delayed at least 15 minutes. traded on confidential information it obtained as a member of FiberMark's creditors' committee. 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. SP MAG had six members, including a Delaware limited partnership called Silver Point Capital Fund and a Delaware LLC called SPCP Group III. It will emphasize three main componentseducation, networking opportunities, and connection to industries. None of the information on this page has been provided or approved by Silver Point Capital. RMcCausland@sagetelecom.net Allen, TX 75013-2789 For Transferee Patrick J. Whittle Brett P. Ferenchak . U.S. 142.4 paying high fees, Berg says, usu-ally 2 percent of assets to cover hedge funds' 16 Silver Point Capital Offshore, Edward Mule, . OShea created the secondary trading market of bank loans, Gatto said. Robert Sinkewicz. 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. Mr. Mul started his career in investment banking in the Mergers and Acquisitions department at Goldman Sachs, prior to spending almost four years working in the Office of the Chairman. Lorem ipsum dolor sit amet consectetur adipisicing elit. . He joined Goldman in 1990 to found and build the firms global bank loan business. Show More Silver Point Capital Demographics. In the case of (a), the PURCHASE chart would show Founded: 2002 Subsidiaries: Silver Point Finance, LLC, Standard Acquisition Holdings, Llc. Rounding out the top 10 were Fortress Investment Group and Pine River Capital Management. He established the company in 2002. Colleen Brown SOURCE OF WEALTH: Goldman Sachs; Silver Point Capital, FUNDING AREAS: New Jersey Community, Education, Health. Funds that sit on a company's creditors' committee are privy to information--earnings projections, acquisition plans, updated financial conditions and generally greater access to a company's books and records--unavailable to owners of a company's securities. 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. Silver Point Capital L.P. 500,000 0.7400 500,000 0.7400 370,000 39 2019-10-22: BAS . The following table shows the most recent open market purchases that were not part of an automatic trading plan. 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. Funds describe this approach in marketing materials as "multi-strategy," boasting of their ability to invest "across a company's capital structure." 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. Open market or private purchase of non-derivative or derivative security, Open market or private sale of non-derivative or derivative security, Grant, award, or other acquisition of securities from the company (such as an option), Sale or transfer of securities back to the company, Payment of exercise price or tax liability using portion of securities received from the company, Equity swaps and similar hedging transactions, Exercise or conversion of derivative security received from the company (such as an option), A transaction voluntarily reported on Form 4, Other (accompanied by a footnote describing the transaction), US:US2175191079 / COPPER PPTY CTL PASS THRU TR EQTY CERT, There are no known unplanned open-market trades for this insider and security combination. 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. OShea graduated from Fordham University with a B.S. Nothing on this website constitutes, or is meant to constitute, advice of any kind. 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. Prior to founding Silver Point, OShea worked at Goldman Sachs for 10 years. Robert O'Shea Net Worth Robert O'Shea Net Worth 2023, Age, Height, Relationships, Married, Dating, Family, Wiki Biography. Many continue to trade actively in the company's securities--stocks, bonds, convertibles and credit derivatives. Edward A. Mul. The bankruptcy courts have also instituted measures to prevent abuse. It was founded in 2002 by former Goldman Sachs partners, Edward A. Mul and Robert J. O'Shea. 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. OVERVIEW: Robert and Michele O'Shea conduct their philanthropy through the O'Shea Family Foundation, which tends to prioritize the New Jersey community in which they live. Its biggest drawdown was 35.5% between June 2007 and December 2008. Chaim Fortgang . CB Rank (Person) 33,347. 20% of Silver Point Capital employees are Hispanic or Latino. They also allege that Silver Point improperly acquired the trade claims of several FiberMark employees--claims relating to deferred compensation. By CNBC's Jeff Cox. . (business & personal). Ultimately, we are trying to determine how closely the insider's trades correlate to excess returns (positive or negative) in the share price in order to see One area to keep an eye on in particular is integrative medicine. Silver Point, which has roughly $5 billion in assets, garnered an 11 percent return last year. "When you combine hedge funds' enormous compensation scheme with the fact that they're unregulated, the incentives in place for someone to do something they shouldn't be doing are substantial," he says. The estimated net worth of Silver Point Capital L.p. is at least $1.0 Billion dollars as of 2023-02-23. The data presented on this page does not represent the view of Silver Point Capital and its employees or that of Zippia. 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. After working at Bear Stearns for a few years, OShea was invited to dinner by a partner at Goldman Sachs, who told him that they wanted to start a bank loan 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. Get this delivered to your inbox, and more info about our products and services. Get contact details including emails and phone numbers At Goldman Sachs, OShea built a team to cover the bank loan industry and, at age 29, became one of the youngest people in the companys history to be named a partner. , a unit of The company is 45.0% female and 42.6% ethnic minorities. Edward Mul is Chief Executive Officer and Portfolio Manager of Silver Point Capital, a private investment firm he co-founded in 2002. 2015-2023 Fintel Ventures LLC. Silver Point Capital was founded in 2002. Is it a good time to buyPHH Corp (NYSE:PHH)? Primary Job Title Co-founder. Then, as a second act, O'Shea co-founded Silver Point Capital, a credit and special situations hedge fund, in 2002. Our estimates are verified against BLS, Census, and current job openings data for accuracy. Previously, banks handled the credit lending process, Gatto said. Integrative medicine appears key for this funder. To prevent transgressions, many hedge funds are beefing up their legal and regulatory personnel. Following the lead of several other bankruptcy judges in such high-profile cases as Fintel is a registered trademark. Looking for a particular Silver Point Capital employee's phone or email? made by the insider in the last three years. , a specialty materials manufacturer based in Brattleboro, Vt., that the U.S. Bankruptcy Court for Vermont appointed an independent examiner to investigate the case. The strongest indicator would be a situation where the share price was extremely cyclical, and there were both positive signals All Rights Reserved. (See the full report here. Cerberus Capital Management In turn, Silver Point and SPCP Group had a common member, Robert O'Shea, who was a New Jersey citizen. [4], In 2014, Silver Point ranked No. The post-financial crisis world has been very, very good for Silver Point Capital. Wachtell, Lipton, Rosen & Katz Silver Point Capital generates $75.0M in revenue. The three creditors cut prominent profiles. On average, employees at Silver Point Capital stay with the company for 4.3 years. There is no concentration that combines accounting, finance, and how to assess companies credit profilesthat skill is tremendously valuable even if you were going to leave the credit world and go into the equity world. Annual IP membership required. Hedge Fund and Insider Trading News: Ray Dalio, Warren Buffett, Brevan Howard Asset Management, Elliott Management, Mgate Capital, VICI Properties Inc (VICI), Marten Transport, Ltd (MRTN), and More, Hedge Fund and Insider Trading News: Kyle Bass, Warren Buffett, Silver Point Capital, Kraft Heinz Co (KHC), and More, Hedge Fund and Insider Trading News: Leon Cooperman, Davidson Kempner, CQS Cayman LP, Norfolk Southern Corp. (NSC), Spirit Airlines Incorporated (SAVE), and More, 13D Filing: Silver Point Capital and Basic Energy Services Inc (BAS), Silver Point Capital Reports 6.7% Stake In Key Energy Services Inc (KEG), Stocks That Renowned Investors Think Highly Of: American International Group (AIG), Cooper-Standard Holdings (CPS) & Others, Three Top Hedge Funds Disclose Positions in Kadmon Holdings (KDMN), Founded by Sam Waksal, Silver Point Capital Reveals Fresh Stake In PHH Corp (PHH), Silver Point Capital's Bullish Q1 Moves Include New Stake in Embattled Drugmaker Valeant, Elite Hedge Funds Disclose Big Moves In These Three Stocks, Republic Services Inc. (RSG), Standard Register Co (SR), Sevcon Inc (SEV): Among Latest Moves by Hedge Funds, How to Best Use Insider Monkey to Increase Your Returns, 6 Things You Didn't Know About Hedge Funds. It returned 16.1% in 2013, 20% in 2012, and 4.5% in 2011. 36 Joho Partners, Robert Karr Joho Capital, U.S. Long/short 2.3 13.9 21.0 Silver Point Capital is a Greenwich, Connecticut-based hedge fund that focuses on credit and special situations investments.. Silver Point Capital, L.P. is a distressed debt and credit-focused private investment firm based in Greenwich, Connecticut. and Help us make this company more transparent. Silver Point recently made headlines as part of a syndicate that provided $225 million in financing to troubled Zippia gives an in-depth look into the details of Silver Point Capital, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Silver Point Capital. Point Ro owns over 1,164,524 units of iHeartMedia stock worth over $124,242,611 and over the last 2 years Point sold IHRT stock worth over $29,171,326. The company has great employee retention with staff members usually staying for 4.3 years. Also getting "A" grades were Dan Loeb's Third Point; Boston-based Adage Capital Management; Paul Singer's Elliott Management; Citadel; Perry Capital; Davidson Kempner and CQS. To calculate this, we examine every open-market, unplanned purchase Michele, a life coach and yoga instructor, also motivates the couple's interest in yoga and integrative medicine. 1 overall in Institutional Investor's annual Hedge Fund Report Card survey. The staff at Silver Point Capital come from unusually diverse demographic backgrounds. The average employee at Silver Point Capital makes $75,779 per year. No information presented on this website should be interpreted as constituting an offer to sell, or the solicitation of an offer to buy, interests in any Silver Point fund. American International Group Stephen O. Moshier and James K. Hoffmeier reconstruct the changing ancient physical geography of the region due to dynamic interactions between the Nile river system, Mediterranean Sea, and the tectonics of the Red Sea rift system. According to court pleadings, AIG and Post now accuse Silver Point of committing trading violations by breaching the so-called screening walls. The firm, based in Greenwich, Connecticut, was founded in 2002. by Edward A. Mul and Robert J. O'Shea. focused on credit and special situations investments. Among other allegations, Miller's report will address the most serious accusation emerging from the dispute--that hedge fund Silver Point Capital Two Greenwich Plaza Greenwich, CT 06830 Tel: (203) 5424000 . C. . Privacy Settings. Mr. OShea went on to become the head of the global high yield and bank loan businesses. Silver Point Capital. Enter hedge funds like Silver Point, who buy these claims--in the form of bank loans and trade claims--at a discount. Allow analytics tracking. A change in price from $10 to $20 would would be 100%, and a change in price of $10 to $5 would be -50%. Credit Suisse First Boston Krispy Kreme Doughnuts Over the past few years, hedge funds--frustrated with interminably low interest rates and feeble returns with such strategies as equities and convertible arbitrage--have followed the lead of funds like Silver Point and piled into the distressed debt markets.
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