We want to hear from you. He joined Goldman in 1990 to found and build the firms global bank loan business. Information on current and former positions, network members and contacts for Robert O'Shea. After joining the Firm in April 2002, he became the first non-founding partner in January 2003 . O'Shea has also served on the board of trustees at Fordham. Before joining Greenhill, Miller, an independent examiner, was considered the nation's leading debtors' counsel as senior partner at The following table shows the most recent open market sales that were not part of an automatic trading plan. He also served in senior positions with Bear Stearns and Security Pacific Merchant Bank before joining Goldman Sachs, where he made partner in 1994. Research Summary. . Robert O'Shea net worth is $1.3 Million Robert O'Shea Wiki: Salary, Married, Wedding, Spouse, Family . Learn more in our Privacy Policy. 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. To prevent transgressions, many hedge funds are beefing up their legal and regulatory personnel. The data presented on this page does not represent the view of Silver Point Capital and its employees or that of Zippia. After slogging through the illiquid atmosphere that pervaded the investing world when the real estate market collapsed, the firm, piloted by Edward Mule and Robert O'Shea, has risen to the top of the hedge fund world with stellar returns since its low-point in 2009. 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 average employee at Silver Point Capital makes $75,779 per year. Its all about the peopleif you hire exceptional people, and you build a culture of teamwork, you can produce exceptional results, he said. 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 largest donation made to a political party by a Silver Point Capital employee was AIG Global Investment We seek to build enduring businesses and long-term relationships with our business partners and investors. In the FiberMark matter, according to court filings, fellow creditors All the staff has been nice and very helpful! Hedge fund manager Kyle Bass, founder of Hayman Capital Management, said a substantial U.S.-China trade agreement is unlikely at this stage. Then, as a second act, O'Shea co-founded Silver Point Capital, a credit and special situations hedge fund, in 2002. 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. 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 . We strive to create an environment where people enjoy working with each other. 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 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 . The employee data is based on information from people who have self-reported their past or current employments at Silver Point Capital. The estimated Net Worth of Timothy J O Shea is at least $3.17 Million dollars as of 14 December 2021. 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 . "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 bankruptcy courts have also instituted measures to prevent abuse. Weil, Gotshal & Manges The couple has given steady support to Heifer International, an organization "working to end hunger and poverty around the world by providing livestock and training to struggling communities.". There is a demand for credit-trained people, and not one other university is focused on it today at the undergraduate level.. We believe in an intense work ethic and deep commitment to results. 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. Silver Point Capital L.P. inked a $275 million agreement to buy the company as it comes out of Chapter 11. . The Firm has an extensive track record in the strategy, and Silver Points Founders have provided financing solutions to middle market companies for over 25 years. At issue is whether, as members of a creditors' committee, hedge funds are misusing the private information they receive. The fund received the highest scores out of all hedge funds across Alpha Generation, Alignment of Interests, and Transparency. Both O'Shea and his wife Michele are Fordham University graduates, as is at least one of their children. Debunking The Myths - Are Rising Interest Rates Bad For Stocks? 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 is a private company. 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. 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. In 2002, O'Shea co-founded the Greenwich, Connecticut-headquartered Silver Point Capital with fellow Goldman alum Edward A. Mule. OShea was a quintessential Fordham student, according to Gatto. Silver Point Capital employees are most likely to be members of the republican . The data presented on this page does not represent the view of Silver Point Capital and its employees or that of Zippia. made by the insider in the last three years. trade are trades that were not made as part of a 10b5-1 trading plan. We strive to align our interests and those of our business partners and investors. This analysis is for one-year following each trade, . in the PURCHASE chart and negative plots on the SALE chart. Rankings are based on government and proprietary data on salaries, company financial health, and employee diversity. 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 average employee at Silver Point Capital makes $75,779 per year. Search over 700 The fund reportedly had $9.62 . million in Silver Point Capital Fund, L.P. using Imminent Need. Timothy J. O'Shea is an Independent Director of Cutera, Inc. Mr. O'Shea was with OXO Capital from 2008 to 2014 serving as managing director. In their work, both Gatto and OShea said that they began noticing a need for training in the credit markets. 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. He established the company in 2002. Chaim Fortgang Funds describe this approach in marketing materials as "multi-strategy," boasting of their ability to invest "across a company's capital structure." Get this delivered to your inbox, and more info about our products and services. If you use the site without changing settings, you are agreeing to our use of cookies. . Manage Products and Account Information. 20% of Silver Point Capital employees are Hispanic or Latino. . Headquartered in Greenwich, Connecticut, the firm has approximately 180 employees, including more than 60 investment professionals. Top notch facility!! It was founded in 2002 by former Goldman Sachs partners, Edward A. Mul and Robert J. O'Shea. The estimated net worth of Silver Point Capital L.p. is at least $1.0 Billion dollars as of 2023-02-23. Mr. . in BAS / Basis Energy Services, Inc.. Citadel Investment Group 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. the results are theoretical. The County review. If the share price were to go from $10 to $15 during this time, the cumulative percent change in share price would be 50%. O'Shea founded and headed Goldman's Global Bank Loan Business, and headed Goldman's Global High Yield Business. 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.. Help other job seekers by rating Silver Point Capital. "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. Founding Partner & Chairman. (See the full report here. 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. 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. It is illegal for insiders to make trades in their companies based on specific, non-public information. . Follow him on Twitter @JeffCoxCNBCcom. Rounding out the top 10 were Fortress Investment Group and Pine River Capital Management. Contributed Photo/ST Show More Show Less 11 of 32 320. , a unit of 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. Robert James O'Shea (Chairman/Co-Founder). Adjusted Price is the split-adjusted price. the results are theoretical. Before joining Goldman Sachs, Mr. O'Shea served senior positions with Bear Stearns & Co and Security Pacific Merchant Bank in New . 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.. Mr. OShea was hired by Goldman in 1990 to build their bank loan business, which included underwriting, trading, sales, capital markets and research. 2 overall in Institutional Investor's annual Hedge Fund Report Card survey.[13]. in the same courtroom. Enter employee name to find & verify emails, phones, social links, etc. Is it a good time to buyPHH Corp (NYSE:PHH)? 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 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. , 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. Silver Point Capital L.P. is a Connecticut-based credit and distressed debt firm founded by two former Goldman Sachs partners, Edward A. Mule and Robert J. OShea. Silver Point recently made headlines as part of a syndicate that provided $225 million in financing to troubled Here is a selection of the comments from This Week viewers on our show. Despite their political differences, employees at Silver Point Capital seem to be happy. Today, the Firm manages approximately $10.5 billion of invested and committed capital, across its Flagship distressed and special situations hedge funds, Distressed . 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. 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. Silver Point Capital, founded in 2001 by Goldman Sachs Group alumni Edward Mul and Robert O'Shea, has the ultimate comeback story. 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.. Looking for a particular Silver Point Capital employee's phone or email? Enter the email address you signed up with and we'll email you a reset link. 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. Help us make this company more transparent. He went on to run the companys high yield business and their collateralized loan obligation business. 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 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.
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