Distressed Hedge Fund Spotlight: Tiburon Capital, HG Vora and Archview Investment

August 28th, 2009
| More
In this week’s Emerging Hedge Fund Spotlight, we look at three emerging hedge fund managers that were launched earlier this year. The emerging managers all employ strategies that focus on distressed investment opportunities. The list includes: Tiburon Capital Management, HG Vora Capital and Archview Investment.

The first hedge fund manager is Tiburon Capital Management, which was founded by CEO and portfolio manager Peter Lupoff. Prior to forming Tiburon, Mr. Lupoff was a Managing Director at multi-strategy hedge fund Millennium Management where he managed a portfolio of distressed and special situation investments. Mr. Lupoff’s distressed investing experience goes back to 1990 when he worked for Martin J. Whitman’s Third Avenue Management. Mr. Lupoff and his experienced team seek to outperform by “buying deeply discounted assets of fundamentally sound businesses.” Its strategies include “Distressed, Stressed & Out of Favor,” Capital Structure Arbitrage and Special Situations.

Next on the list is HG Vora Capital. The firm was founded earlier this year by Parag Vora. Prior to founding the firm, Mr. Vora worked for Silver Point Capital for five years. His new firm primarily invests in assets related to hospitality, gaming, and other leisure companies. The firm’s maiden fund, HV Vora Special Opportunities, was launched in April and focuses on distressed debt and special situations.

The final distressed hedge fund is Archview Investment., which was founded by former Citigroup executives, Jeff Jacob and John Humphrey. In February of 2009, the firm launched the Archview Credit Opportunities fund, which focuses on corporate credit and distressed assets. Initial investors to the fund include Citigroup Inc. and Blackstone Group LP.

Earlier this month, HedgeTracker highlighted Mudrick Capital Management, another notable distressed focused hedge fund that launched in 2009. For more information on the investors mentioned in this article, please see their “Detailed Investor Profiles” below.
For Detailed Investor Profiles on these Investors, click below:
Archview Investment
HG Vora Capital
Millennium Management
Mudrick Capital Management
Tiburon Capital Management
The Blackstone Group
Third Avenue Management
Related People: Amit Wadhwaney; Charlie Trisiripisal; Curtis Jensen; David M. Barse; David Nolan; Ian Lapey; Ira W. Miller; Israel Izzy Englander; Jakub Rehor; Jason Mudrick; Jeff Gary; Jeff Jacob; John Humphrey; Jonathan Larkin*;; Kenneth Staut; Martin Whitman; Michael Fineman ; Michael Gelband; Michael Lehmann; Michael Winer; Parag Vora; Peter G. Peterson; Peter Lupoff; Stephen A. Schwarzman; Yang Lie
Related Entities: Affiliated Managers Group ; Third Avenue Focused Credit; Third Avenue International Value; Third Avenue Real Estate Value Fund; Third Avenue Small-Cap Value Fund; Archview Credit Opportunities; Blackstone Group; Blackstone Kailix Advisors*; Citigroup Inc; Contrarian Equity Fund*; GSO Capital Partners LP; HG Vora Special Opportunities Fund; Millennium International Fund; Millennium Management LLC; Millennium Partners; Millennium Partners LP; Millennium U.S.A.; Mudrick Distressed Opportunity Fund; Third Avenue Value Fund; Tiburon Credit Opportunities Offshore Fund, Ltd.
Related Article Tags: Multi-Strategy, Long Short, Equity, Debt and Global Macro Hedge Fund News; Hedge Fund Spotlight Reports

More Recent Headlines

Oaktree Capital Management’s Howard Marks thinks the best opportunities have passed

Paulson & Co. Buying up Citigroup Shares

Marc Dreier’s fraud victims include Elliot Associates, Fortress Investments, Eton Park Asset Management and Concordia Advisors

Citi's Pandit Should Learn from AIG's Benmosche About Handling Government

Cerberus Capital Struggles with Redemptions

Man Group’s AHL Hedge Fund Struggles

Silver Point, Citadel Greenlight Capital and Perry Capital struggle to reach high water marks

T. Boone Pickens’ BP Capital Concentrates on Energy, Drops Basic Materials

Macquarie Group to Acquire Delaware Investments

Edward Filippi to start Ground Zero Strategic Commodities Hedge Fund