About Southpaw Asset Management
Southpaw Asset Management LP is an investment manager focused on opportunistic corporate credit investments primarily in stressed and distressed securities.
Southpaw Asset Management Headquarter Location
2 Greenwich Office Park First Floor
Greenwich, Connecticut, 06831,
Latest Southpaw Asset Management News
Dec 26, 2019
Distressed-Asset Hedge Funds In A Spot Of Distress Merry Christmas from York Capital, Southpaw Asset Management and Marcato Capital. Author: Dec 23, 2019 Coastal Elite from Halifax, Canada [<a href="https://creativecommons.org/licenses/by-sa/2.0">CC BY-SA 2.0</a>], <a href="https://commons.wikimedia.org/wiki/File:Charlie_Brown_Christmas_Tree_(27550356038).jpg">via Wikimedia Commons</a> If you’re a York Capital Management or Southpaw Asset Management investor and were planning to use your year-end redemption check to pay for that Tesla wrapped in a bow or your weight in caviar or your new wife’s new assets, you might want to pull some boxes from under the tree and return them to Amazon. York, founded by Milwaukee Bucks co-owner Jamie Dinan, told clients in a letter Thursday it was suspending redemptions from its nearly $2 billion Credit Opportunities fund for the year-end period and that it planned to start unwinding the fund…. The $1.2 billion Greenwich, Conn.-based Southpaw told clients in a letter earlier last week it plans to return 55% of the money they requested back for year-end. That figure doesn’t include money investors requested that the firm is tying up in a so-called “side pocket.”