Founded: 2002 Subsidiaries: Silver Point Finance, LLC, Standard Acquisition Holdings, Llc. C. . Despite these restrictions, academic research suggests that insiders - in general - tend to outperform the market in their own companies. Bear Stearns 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. He subsequently grew the firm from $120 million in assets under management to $15 billion. SOURCE OF WEALTH: Goldman Sachs; Silver Point Capital, FUNDING AREAS: New Jersey Community, Education, Health. Robert J O'Shea - Add Relationship - LittleSis Nearly 50 years ago, we took one small step. Americas +1 212 318 2000. 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. in finance. (Riverhead, N.Y.) 1903-1950, October 01, 1942, Page 9, Image 9, brought to you by Suffolk Cooperative Library System, and the National Digital Newspaper Program. Many continue to trade actively in the company's securities--stocks, bonds, convertibles and credit derivatives. It will emphasize three main componentseducation, networking opportunities, and connection to industries. Please keep yours brief - a few short sentences are ideal - and include your town and real name to have a chance of having your ideas published. The fund received the highest scores out of all hedge funds across Alpha Generation, Alignment of Interests, and Transparency. Got a confidential news tip? No credit card required. 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 . All Rights Reserved. , are active participants in the distressed arena. The firm, along with such funds as $497,400 to the Republican Party. Allow analytics tracking. Silver Point also has a dedicated real estate lending business, focused onoriginating asset backed loans, typically collateralized by real estate, which includes providing solutions to borrowers seeking transitional capital, special situations and time sensitive closings. Rounding out the top 10 were Fortress Investment Group and Pine River Capital Management. and Its a competitive advantage to understand, OShea said. Mr. OShea went on to become the head of the global high yield and bank loan businesses. price. After reviewing more than 300,000 pages of documents, the examiner--. Edward A. Mul. Today, Silver Point manages more than $15 billion of assets . Silver Point Capital. Hedge fund manager Kyle Bass, founder of Hayman Capital Management, said a substantial U.S.-China trade agreement is unlikely at this stage. 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. We calculated the performance score of companies by measuring multiple factors, including revenue, longevity, and stock market performance. The most common ethnicity at Silver Point Capital is White (57%). 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. OShea credits the companys success to hiring the right people, including Gatto, who came on three months after they launched and became the firms first non-founding partner. . 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 . AIG Global is the investment division of embattled insurance giant (PDF) Evagrius of Pontus, The Greek Ascetic Corpus | Robert Sinkewicz CEO, Microsoft Net Worth: $22.5B Mr. Gatto was one of the first employees at Silver Point Capital, a credit-focused hedge fund. This does not mean Based in Greenwich, CT, Silver Point Capital is a small finance company with only 205 employees and an annual revenue of $75.0M. Search and browse yearbooks online! Silver Point Capital L.p. Net Worth (2023) - GuruFocus.com 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.. [2][3], In 2014, Silver Point ranked No. Silver Point, which has roughly $5 billion in assets, garnered an 11 percent return last year. Robert O'Shea, MD, MSCE | Cleveland Clinic The post-financial crisis world has been very, very good for Silver Point Capital. OShea was co-CEO at the firm from 2002 until 2011 at which time he became chairman. Browse the listings for your next project. 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. Top notch facility!! Silver Point Capital may also be known as or be related to Silver Point Capital, Silver Point Capital, L.P. and Silver Point Capital . If the share price were to go from $10 to $15 during this time, the cumulative percent change in share price would be 50%. 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. On average, employees at Silver Point Capital stay with the company for 4.3 years. Metropolitan Gaming Limited buys Caesars UK business 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.". Silver Point Capital LP . 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. Success must be shared throughout our organization with respect to compensation, experience, knowledge and accolades. We want to hear from you. And every single investment bank rejected me, OShea said. That opened up a whole bunch of new industries, especially for people like me who specialize in distressed debt investing, he said. The average salaries at General Atlantic rank the highest, with their employees earning an. Mul headed or co-headed Goldman's Special Situations Investing Business from 1999 to 2001. Forbes Attach makes it easy. Edward Mule donated and is worth following. Both O'Shea and his wife Michele are Fordham University graduates, as is at least one of their children. Without credit, businesses cant grow at the same rate.. Silver Point fired back, alleging that AIG and Post have used their positions on the creditors' committee to advance their own agenda. A Bronx Tale: Building a Career in the Credit Markets, Fireside Chat ", This is a BETA experience. Fintel makes no representations or warranties in relation to this website or the information and materials provided on this website. The largest donation made to a political party by a Silver Point Capital employee was Silver Point Capital, founded in 2001 by Goldman Sachs Group alumni Edward Mul and Robert O'Shea, has the ultimate comeback story. (See the full report here. state department unaccompanied posts list Silver Points business model is based on capturing synergies across the platform, building comparative advantages in every area of the Firm, hiring and training the best people, and establishing a culture of teamwork. OShea said that the partner loved the idea and brought him on board to do it. This Amendment No. This list only includes insiders that have made at least three trades in the last two years. Claiming and updating your company profile on Zippia is free and easy. Founding Partner, Portfolio Manager & CEO. While prospective clients of these funds might find this versatility appealing, regulators are more skeptical. Edward A. The firm, based in Greenwich, Connecticut, was founded in 2002. by Edward A. Mul and Robert J. O'Shea. Founding Partner & Chairman. It was founded in 2002 by former Goldman Sachs partners, Edward A. Mul and Robert J. O'Shea. Robert J. O'Shea - Co-founder @ Silver Point Capital, L.P. - Crunchbase He also served in senior positions with Bear Stearns and Security Pacific Merchant Bank before joining Goldman Sachs, where he made partner in 1994. Hedge Fund - Silver Point Capital - Insider Monkey This page provides a comprehensive analysis of the known insider trading history of Robert J O'Shea. Founded by Edward Mul and Robert O'Shea, Silver Point invests in highly complex situations that generally require deep analytical resources, demand timely execution . Silver Point Capital is in the investment management industry. Judge We're using cookies, but you can turn them off in Privacy Settings. Using a database of 30 million profiles, Zippia estimates demographics and statistics for Silver Point Capital. Michele, a life coach and yoga instructor, also motivates the couple's interest in yoga and integrative medicine. Sign up for free newsletters and get more CNBC delivered to your inbox. Show More Silver Point Capital Demographics. Brown If you use the site without changing settings, you are agreeing to our use of cookies. Robert O'Shea net worth is $1.3 Million Robert O'Shea Wiki: Salary, Married, Wedding, Spouse, Family . Available tax filings reveal that the foundation awarded $2.2 million in grants in 2018. Silver Point Capital - The Robert Toigo Foundation In 2002, that prompted him and one of his partners at Goldman Sachs, Edward Mul, to launch Silver Point Capital, a hedge fund based in Greenwich, Connecticut, that focuses on credit and special situations investments. Today the firm manages about $15 billion in assets. The creditors' feuding scuttled FiberMark's first reorganization plan back in March. and was regarded as the country's top adviser to creditors' committees, is now an independent consultant working extensively with Silver Point. CB Rank (Person) 33,347. robert o'shea silver point capital net worth July 7, 2022 Uncategorized Silver Point Capital employees are most likely to be members of the republican . 36 Joho Partners, Robert Karr Joho Capital, U.S. Long/short 2.3 13.9 21.0 Get contact details including emails and phone numbers traded on confidential information it obtained as a member of FiberMark's creditors' committee. I used to hand deliver my resumes; I would take the D train down and try to hand them in to the human resources department in hope of getting an interview.. Non-planned is at least $153 Milho dollars as of 5 October 2021. Before joining Greenhill, Miller, an independent examiner, was considered the nation's leading debtors' counsel as senior partner at 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. Headquartered in Greenwich, Connecticut, the firm has approximately 180 employees, including more than 60 investment professionals. Robert and Michele O'Shea | Inside Philanthropy Edward Mul. It was founded in 2002 by former Goldman Sachs partners, Edward A. Mul and Robert J. O'Shea. Montreal daily herald, jeudi 19 dcembre 1895 | BAnQ numrique None of the information on this page has been provided or approved by Silver Point Capital. Wachtell, Lipton, Rosen & Katz Edward A. Mul - Invest for Kids Silver Point Capital | 2,226 followers on LinkedIn | Silver Point Capital, L.P. is a distressed debt and credit-focused private investment firm based in Greenwich, Connecticut. state department unaccompanied posts listchris lemons net worth 14 avril 2022 198 ; state department unaccompanied posts listsan francisco school . 1 overall in Institutional Investor's annual Hedge Fund Report Card survey. The employee data is based on information from people who have self-reported their past or current employments at Silver Point Capital. The fund reportedly had $9.62 . About Robert J. Oshea of SILVER POINT CAPITAL. 20% of Silver Point Capital employees are Hispanic or Latino. 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. Silver Point Capital Two Greenwich Plaza Greenwich, CT 06830 Tel: (203) 5424000 . Robert O'Shea Net Worth Unassociated Document bought the argument. made by the insider in the last three years. About. Fireside Chat with Bob O'Shea, in Conversation with Michael Gatto - MoAF 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 . The post-financial crisis world has been very, very good for Silver Point Capital. Search over 700 Given Silver Point's sterling reputation in the industry, most believe Miller will find no wrongdoing. Silver Point Capital'sdistressed-debt offshore vehicle, which has $5.2 billion in AUM (August 2014), gained 3.9% through November in 2014. We place high value on being analytical, smart and intellectually rigorous, which facilitates delivery of our vision. If you use the site without changing settings, you are agreeing to our use of cookies. 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. SILVER POINT CAPITAL L.P. SC 13G/A Filing Concerning MSC on 2020-12-31 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: This website is provided as is without any representations or warranties, express or implied. In filings, Silver Point maintained "that it has done absolutely nothing wrong," and attacked AIG's and Post's allegations as "baseless insinuations" and "partisan rancor" meant to extract more favorable terms in the FiberMark reorganization. Silver Point Capital, L.P. is an SEC-regulated investment adviser that was founded in 2002 by Edward Mul and Robert O'Shea, both former partners at Goldman Sachs, who together led Goldman's . . Silver Point Capital: Contact Details and Business Profile - RocketReach 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. 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. , a specialty materials manufacturer based in Brattleboro, Vt., that the U.S. Bankruptcy Court for Vermont appointed an independent examiner to investigate the case. AIG Global Investment None of the information on this page has been provided or approved by Silver Point Capital. Silver Point Capital See the list of most profitable insider traders. The O'Sheas have also strongly supported their alma mater, Fordham University. Previously, banks handled the credit lending process, Gatto said. expect either (a) positive returns after purchases, or (b) negative returns after sales. Mule, together with Silver Point Capital Co-Founder Robert O'Shea, built and led the company's distressed debt and special situation lending businesses. Mr. . have accused Silver Point of violating a court-ordered "screening wall" implemented to prevent improper trading in FiberMark's securities. Nine Connecticut residents made Forbes' 'Richest People in America' list In the FiberMark matter, according to court filings, fellow creditors "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. Silver Point Capital Company Profile: Financings & Team | PitchBook Information on current and former positions, network members and contacts for Robert O'Shea. He provided a sworn declaration to the bankruptcy court regarding the fund's regulatory procedures. . In the case of (b), the SALE chart He joined Goldman in 1990 to found and build the firms global bank loan business. Silver Point Capital's headquarters is in Greenwich, CT. Fortgang, who headed the bankruptcy practice at law firm . Past health grantees also includes the Multiple Myeloma Research Foundation, American Cancer Society, Christian Healthcare Center, American Red Cross of Northern New Jersey, and St. Jude's Hospital. 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. 20% of Silver Point Capital employees are Hispanic or Latino. made by the insider, excluding all trades that were marked as part of a 10b5-1 trading plan. 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. trades in their own companies. Steve Ballmer- Hunts Point, WA. 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. O'Shea has also served on the board of trustees at Fordham. Welcome to Wall Street's latest conflict-of-interest problem. FiberMark, which filed a second proposed plan of reorganization with the court on June 23, declined to comment, as did AIG and Silver Point. Leominster High School - Magnet Yearbook (Leominster, MA) , 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. However, they must report all trades to the SEC via a Form 4. The funds claimed that if they were barred from trading the company's securities, they could "risk the loss of a beneficial investment opportunity" and "breach its fiduciary duty to its investors.". The diversity in Silver Point Capital employees extends to employee political beliefs. Net Net: Promoting innovation and managing change . Silver Point Capital, L.P. is a registered investment adviser. Then, as a second act, O'Shea co-founded Silver Point Capital, a credit and special situations hedge fund, in 2002. The Firms co-founders, Ed Mul and Bob OShea, have been building and managing credit and special situation businesses, including proprietary middle market direct lending businesses, together since the mid-90s. SILVER POINT CAPITAL L.P. Total Shares: 61,570,281 Subject Company: Studio City International Holdings Ltd - . Silver Point Capital is a Greenwich, Connecticut-based hedge fund that focuses on credit and special situations investments.. Watch Chasing the Moon | American Experience | Official Site | PBS Silver Point categorically denies the charges. a series of upwardly sloping curves, indicating positive returns after each purchase transaction. In turn, Silver Point and SPCP Group had a common member, Robert O'Shea, who was a New Jersey citizen. Learn more in our Privacy Policy. Rankings are based on government and proprietary data on salaries, company financial health, and employee diversity. 1 overall in Institutional Investor's annual Hedge Fund Report Card survey. [11] The fund received the highest scores in Alpha Generation, Alignment of Interests, and Transparency. Enter the email address you signed up with and we'll email you a reset link. Check out IPs directory of philanthropy and fundraising consultants. A change in price from $10 to $20 would would be 100%, and a change in price of $10 to $5 would be -50%. Its all about the peopleif you hire exceptional people, and you build a culture of teamwork, you can produce exceptional results, he said. American International Group Silver Point Capital generates $75.0M in revenue. Among other allegations, Miller's report will address the most serious accusation emerging from the dispute--that hedge fund Overview. While studying at Fordham, he decided he wanted to go into investment banking. 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. Silver Point Capital - Overview, Competitors, and Employees Silver Point Capital Offshore, Edward Mule, Robert O'Shea Silver Point Capital, . It returned 16.1% in 2013, 20% in 2012, and 4.5% in 2011. As a life coach and yoga teacher committed to health and wellness, Michele values projects that support holistic health. A consistent pattern of loss avoidance may suggest that future sale transactions may predict declines in price. in BAS / Basis Energy Services, Inc.. Looking for a particular Silver Point Capital employee's phone or email? He established the company in 2002. During his tenure at Goldman Sachs, in addition to building the global bank loan business, he also became the global head of the high yield business unit, leading the firms high-yield bond and bank loan underwriting, trading, sales, capital markets and research, and the collateralized debt obligation (CDO) business. Finally, we average all of the performance metrics to calculate a performance metric for the insider. 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. This analysis helps to understand if the insider consistently generates abnormal returns, and is worth following. Individuals (high net worth individuals) 0 0.0 (c) Banking or thrift institutions: 0 0.0 (d) Investment companies . Robert James O'Shea (Chairman/Co-Founder). Ten percent of MAG was owned by SP MAG Holdings, a Delaware LLC. In their work, both Gatto and OShea said that they began noticing a need for training in the credit markets. Silver Point Capital was founded in 2002. Here is a selection of the comments from This Week viewers on our show. Silver Point Finance He maybe 4 hours away but vell worth the drive! Headquartered in Greenwich, Connecticut, the firm has approximately 180 employees . He was elected general partner in 1994. Use the PitchBook Platform to explore the full profile. if the insider is timing their trades to profit from insider information. The three creditors cut prominent profiles. Federal regulators are sniffing around: Last year, the U.S. Securities and Exchange Commission reportedly dispatched a team to investigate how Wall Street trades the distressed debt of financially troubled companies. 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. Silver Point Capital L.P. inked a $275 million agreement to buy the company as it comes out of Chapter 11. . 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. This table shows the complete list of insider trades made by Robert J O'Shea as disclosed to the Securities Exchange Commission (SEC). Get our editors daily picks straight in your inbox! 2023 CNBC LLC. From 1995 to 2008, he served in a variety of management positions at Boston Scientific . 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, . If, for example, the share price of the company was in a non-cyclical climb Reviewed on . Click here. Follow him on Twitter @JeffCoxCNBCcom. {{ userNotificationState.getAlertCount('bell') }}. Its biggest drawdown was 35.5% between June 2007 and December 2008. Competitors of Silver Point Capital include General Atlantic, Avenue Capital Group, and King Street Capital Management. Silver Point was the top-ranked hedge fund in 2013, according to rankings released Tuesday by Institutional Investor magazine, which gave the firm one of only eight "A" grades that it handed out. Learn more in our. 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. In the case of (a), the PURCHASE chart would show In the last couple of days several investors among those we track have disclosed changes in their equity portfolios.
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