Silver Point Rides Credit Boom

The firm, founded by Goldman Sachs distressed debt veterans Edward A. Mulé and Robert J. O’Shea, is one of several credit hedge-fund firms posting double-digit gains this year.

This has been an especially good year for hedge funds that specialize in credit related strategies, and Greenwich, Connecticut-based Silver Point Capital is no exception.

The firm, founded in 2002 by Goldman, Sachs alums Edward Mulé and Robert O’Shea, told investors it was encouraged by central banking actions and what it deemed to be attractive investment opportunities.

To continue reading, subscribe now to Premium Journalism. Already a subscriber? login.