Silver Point Capital | Edward Mule | Hedge Fund Notes

Silver Point Capital Management

Silver Point Capital | Hedge Fund Notes

Below please find the Hedge Fund Tracker Tool profile for Silver Point Capital Management.

Resource #1: Silver Point Capital L.P is a privately owned hedge fund sponsor. The firm manages hedge funds for its clients. It invests in the public equity, fixed income, and hedging markets of the United States. The firm primarily invests in securities of distressed, large-cap, and Mid-cap companies; bank debts; bonds; and trade claims. It specializes in credit analysis and diversified credit-related investments. Silver Point Capital is based in Greenwich, Connecticut. source

Resource #2: Silver Point Capital L.P is a privately owned hedge fund sponsor. The firm manages hedge funds for its clients. It invests in the public equity, fixed income, and hedging markets of the United States. The firm primarily invests in securities of distressed, large-cap, and Mid-cap companies; bank debts; bonds; and trade claims. It specializes in credit analysis and diversified credit-related investments. Silver Point Capital is based in Greenwich, Connecticut. source

Resource #3: Silver Point Capital, L.P. today
provided the following statement seeking to clarify recent media reports
mischaracterizing its role in the restructuring of Tropicana Entertainment,
LLC:

"Recent media coverage has suggested that Silver Point Capital led a group
of senior lenders of Tropicana Entertainment in an effort to force William J. source

Resource #4: Silver Point Capital, a hedge fund specializing in takeovers of companies in financial distress, may soon emerge as one of the top TV station owners in the country. source

Resource #5: Silver Point Capital, L.P. today provided the following statement seeking to clarify recent media reports mischaracterizing its role in the restructuring of Tropicana Entertainment, LLC:

"Recent media coverage has suggested that Silver Point Capital led a group of senior lenders of Tropicana Entertainment in an effort to force William J. Yung, the former chief executive officer of Tropicana Casino and Resorts, Inc., the parent of Tropicana Entertainment, from his position or from management and directorial decisions. We deny that Silver Point played any such... source

Resource #6: Silver Point Capital
AGE: 43 Tough customers when it comes to distressed situations, Mule and his partner, Robert O'Shea, have a sterling reputation. Silver Point, which has roughly $5 billion in assets, garnered an 11 percent return last year. The fund was part of a syndicate ready to pounce on Refco, but like the disgraced commodities broker itself, the deal fell apart. Mule is the public face of the operation, while O'Shea sometimes works from an office near his Wyckoff, New Jersey, home. They've made quite a successful pair. source

Resource #7: Silver Point Capital, a hedge fund specializing in takeovers of 
companies in financial distress, may soon emerged as one of the top TV 
station owners in the country.

The Greenwich, Conn., firm's impressive $8 billion-plus portfolio 
already includes two TV stations groups — Granite Broadcasting and 
Communications Corp. of America — that it acquired out of bankruptcy.

And industry insiders now say that the fund is buying up Young 
Broadcasting's debt — a move that could lead to control of that 
troubled group.

The word is that Silver Point is going after Young's bonds, says 
Bishop Cheen, an analyst at Wachovia Capital Markets. source


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Tags: Silver Point Capital, Silver Point Capital Management, Silver Point Capital LP, Silver Point Capital Hedge Fund, Edward Mule, Robert O'shea, hedge fund, hedge funds

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