Fri, Apr 19, 2024
A A A
Welcome Guest
Free Trial RSS pod
Get FREE trial access to our award winning publications
Industry Updates

400 Capital Management hires for special situations

Tuesday, July 14, 2015
Opalesque Industry Update - 400 Capital Management LLC, a structured credit investment manager, today announced that Chris Schiavone has joined as Director, Special Situations Investment Management. Mr. Schiavone joins 400CM from Perella Weinberg Partners and will be responsible for special situation credit origination and portfolio management.

“The opportunity set in structured credit remains robust and having the experience to execute in hedge fund and private debt capacity remains a priority. Chris has significant experience in these areas, and we are confident that he will bring valuable expertise to the Firm. We look forward to leveraging his expertise to continue building and strengthening our special situations and private debt capabilities to identify and capitalize on the opportunities in the sector,” said Chris Hentemann, Managing Partner and Chief Investment Officer of 400CM.

Chris Schiavone was previously part of Perella Weinberg Partners’ Asset Management Business, where he was responsible for sourcing, structuring, executing and managing distressed investments in commercial and residential mortgage debt, C&I loans, residential real estate and various other mortgage and real estate related investments. Prior to joining Perella Weinberg Partners in August 2010, Chris was a Managing Director at Bank of America Securities where he was the Head of Residential Mortgage Backed Securities origination. Previously, Chris held a similar position with J.P. Morgan Securities. Prior to that, he held the position of Director with Fitch IBCA and was a managing member with Essex Credit Corporation, a national specialty consumer finance company. He has over 17 years of experience in structured finance and 21 years of experience in consumer finance. Chris received a BS in Finance from Bryant University.

Press Release

What do you think?

   Use "anonymous" as my name    |   Alert me via email on new comments   |   
Previous Opalesque Exclusives                                  
Previous Other Voices                                               
Access Alternative Market Briefing

 



  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. KKR raises $6.4bn for the largest pan-Asia infrastructure fund[more]

    Laxman Pai, Opalesque Asia: The New York-based global investment firm KKR has raised a record $6.4bn for its second Asia-focused infrastructure fund, underlining investors' continued appetite for private markets. According to a media release from the alternative assets manager, the figure top

  2. Bucking the trend, top hedge fund makes plans for a second SPAC[more]

    From Institutional Investor: SPACs aren't dead. At least not to the folks at Cormorant Asset Management. The life sciences firm, whose hedge fund topped its peers in 2023, is confident it will match the success of its first blank-check company. Last week, the life sciences and biopharma speciali

  3. Benefit Street Partners closes fifth fund on $4.7 billion[more]

    Bailey McCann, Opalesque New York: Benefit Street Partners has closed its fifth flagship direct lending vehicle, BSP Debt Fund V, with $4.7 billion of investable capital across the strategy. Benefit Street invests primarily in privately originated, floating rate, senior secured loans. The fun

  4. 4 hedge fund themes that are working in 2024[more]

    From The Street: A poor earnings report from Tesla (TSLA) has not hurt the indexes on Thursday. The decline in Tesla stock, which is losing its position in the Magnificent Seven pantheon, is more than offset by strong earnings from IBM (IBM) and ServiceNow (NOW) . In addition, the much higher-t

  5. Opalesque Exclusive: A global macro fund eyes opportunities in bonds[more]

    Bailey McCann, Opalesque New York for New Managers: Munich-based ThirdYear Capital rebounded in 2023, following a tough year for global macro. The firm's flagship ART Global Macro strategy finished the year up 1