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robert o'shea silver point capital net worth

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. Silver Point Capital L.P. 500,000 0.7400 500,000 0.7400 370,000 39 2019-10-22: BAS . 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.". , are active participants in the distressed arena. [The banks] put them through a six month credit training program, because its technical, but now, banks are no longer the driver of leverage lendingits private lending funds, public business development companies, and theyre not training people, he said. Colleen The estimated net worth of Silver Point Capital L.p. is at least $1.0 Billion dollars as of 2023-02-23. "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. 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. 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. O'Shea was offered partnership at Goldman Sachs at age 29, making him the second-youngest partner in the firm's history. each of those durations to generate a final performance metric for each trade. bought the argument. This analysis is for one-year following each trade, and Bear Stearns, as a firm, was less focused on pedigreeit was a gritty firm, a very entrepreneurial firm, a firm that wanted young, hungry, driven people, OShea said. The couple has also supported Fordham Preparatory School, Montclair Kimberly Academy, and Bergen Catholic High School, among other schools. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Today, the Firm manages approximately $10.5 billion of invested and committed capital, across its Flagship distressed and special situations hedge funds, Distressed . if the insider is timing their trades to profit from insider information. FiberMark, which filed a second proposed plan of reorganization with the court on June 23, declined to comment, as did AIG and Silver Point. 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. We constantly seek to create comparative advantages in each of our investment strategies. , 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. After joining the Firm in April 2002, he became the first non-founding partner in January 2003 . Together, they created and led Goldman's distressed debt and special situation lending businesses before leaving to create Silver Point. This analysis is for one-year following each trade, . We're using cookies, but you can turn them off in Privacy Settings. Mr. OShea was hired by Goldman in 1990 to build their bank loan business, which included underwriting, trading, sales, capital markets and research. . FiberMark U.S. 236.2 holds with a net worth of $25 million or more Canyon Value Realization, . trade are trades that were not made as part of a 10b5-1 trading plan. We calculated the performance score of companies by measuring multiple factors, including revenue, longevity, and stock market performance. Brown Zippia's Best Places to Work lists provide unbiased, data-based evaluations of companies. 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.". 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. Adjusted Shares is the split-adjusted shares. Gender Male. free lookups / month. 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. price. OTHER: Byond New Jersey, the couple recently funded youth organizations such as Save the Children and Right to Play. The following table shows the most recent open market sales that were not part of an automatic trading plan. SOURCE OF WEALTH: Goldman Sachs; Silver Point Capital, FUNDING AREAS: New Jersey Community, Education, Health. 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. Contributed Photo/ST Show More Show Less 11 of 32 320. Fintel is a registered trademark. OShea said that the partner laid out their plan, which was to underwrite bank loans the way they previously had with stocks and bonds. However, they must report all trades to the SEC via a Form 4. made by the insider in the last three years. Enter the email address you signed up with and we'll email you a reset link. 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 . Edward A. Mul. The data presented on this page does not represent the view of Silver Point Capital and its employees or that of Zippia. One area to keep an eye on in particular is integrative medicine. 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. Learn more in our Privacy Policy. OShea was a quintessential Fordham student, according to Gatto. EMEA +44 20 7330 7500. And every single investment bank rejected me, OShea said. Silver Point Capital may also be known as or be related to Silver Point Capital, Silver Point Capital, L.P. and Silver Point Capital . Things got so hostile this spring in the Chapter 11 proceedings of Silver Point recently made headlines as part of a syndicate that provided $225 million in financing to troubled The average employee at Silver Point Capital makes $75,779 per year. Before joining Goldman Sachs, Mr. O'Shea served senior positions with Bear Stearns & Co and Security Pacific Merchant Bank in New . Sign up for free newsletters and get more CNBC delivered to your inbox. 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. Silver Point Capital L.P. inked a $275 million agreement to buy the company as it comes out of Chapter 11. . in the same courtroom. 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. 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. Claiming and updating your company profile on Zippia is free and easy. Available tax filings reveal that the foundation awarded $2.2 million in grants in 2018. The average trade profitability is the average return of all the open market purchases The data presented on this page does not represent the view of Silver Point Capital and its employees or that of Zippia. 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. O'Shea founded and headed Goldman's Global Bank Loan Business, and headed Goldman's Global High Yield Business. Forbes Attach makes it easy. 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. The Greenwich, Connecticut-based hedge fund firm was down . Ed, together with Bob O'Shea, built and led Goldman's special . Silver Point Capital is a Greenwich, Connecticut-based hedge fund that focuses on credit and special situations investments. Information on current and former positions, network members and contacts for Robert O'Shea. 2015-2023 Fintel Ventures LLC. 2023 CNBC LLC. Fintel makes no representations or warranties in relation to this website or the information and materials provided on this website. Despite their political differences, employees at Silver Point Capital seem to be happy. On Oct. 21, members of the Fordham community heard how a unique idea helped Robert "Bob" O'Shea, GABELLI '87, become one of the youngest partners in Goldman Sachs history before establishing his own firm. The largest donation made to a political party by a Silver Point Capital employee was in the PURCHASE chart and negative plots on the SALE chart. This Amendment No. Bob O'Shea. is at least $153 Milho dollars as of 5 October 2021. Looking for a particular Silver Point Capital employee's phone or email? 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. 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. Pay at Silver Point Capital is significantly lower than some of its highest paying competitors, like. 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. In the FiberMark matter, according to court filings, fellow creditors He was also on the board of Goldman Sachs international bank and senior traders committee. the results are theoretical. 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. Power of Attorney of Robert O'Shea (incorporated here by reference to Exhibit C to Schedule 13G filed by Silver Point Capital, L.P., Edward A. Mul and Robert O'Shea with the Securities and Exchange Commission on February 16, 2016 relating to TopBuild Corp.). 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. Colleen Brown Silver Point Capital LP . Many continue to trade actively in the company's securities--stocks, bonds, convertibles and credit derivatives.

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robert o'shea silver point capital net worth