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Jun 2019

Kevin Silva joins the firm as Global Head of Business Development and Investor Relations

Kevin Silva joins the firm as Global Head of Business Development and Investor Relations

Bardin Hill appoints Kevin Silva Global Head of Business Development and Investor Relations

Appointment underscores firm’s ongoing expansion

New York, NY, June 4, 2019 – Bardin Hill Investment Partners LP (“Bardin Hill”) today announced the appointment of Kevin Silva as Global Head of Business Development and Investor Relations. Mr. Silva, who joins the firm as a partner, will focus on expanding the firm’s relationships with investors and will oversee the Client Relations Department.   

“We are thrilled to welcome Kevin to the Bardin Hill team,” said Jason Dillow, Chief Executive Officer and Chief Investment Officer of Bardin Hill. “He has earned a superb reputation over more than 20 years for successfully managing global capital formation teams and developing strategies that meet investor needs. His expertise, vision, and leadership will guide Bardin Hill’s business development plan and accelerate our efforts to broaden our relationships with investors.”

“I’m delighted to be joining Bardin Hill and look forward to working with the firm’s deeply experienced and collaborative team,” said Mr. Silva. “Institutional investors look for real partnerships, and Bardin Hill, with its successful investment platform and focus on long-term relationships with clients, delivers. It is an exciting time to be joining the firm as it continues to grow, while embracing a future grounded in institutionalized values and driven by innovation.”

Mr. Silva’s appointment highlights Bardin Hill’s ongoing expansion of its executive team. In October of last year, the firm completed its succession plan, naming the firm’s Chief Investment Officer, Jason Dillow, Chief Executive Officer and announcing a strategic partnership with TPG Sixth Street Partners (“TSSP”), as well as additional investments from existing partners of Bardin Hill, Dyal Capital Partners, and the foundation of the firm’s founder Alan B. Slifka. Last fall, the firm added veteran portfolio manager Phil Raciti as Head of U.S. Performing Credit. And in April of this year, Bardin Hill announced six new partners, drawing from the firm’s senior investment and business teams.

Mr. Silva joins Bardin Hill from Carlson Capital, L.P., where he led the global business development and investor relations effort. Prior to joining Carlson, Mr. Silva was a Managing Director at Och-Ziff Capital Management Group, where he worked for 12 years and ultimately had oversight responsibility for the firm’s strategic relationships. He began his career at Goldman Sachs & Co. as an associate in the Asset Management Division. Mr. Silva earned a B.A. from Harvard University.

May 2019

Bardin Hill earns Best New U.S. CLO at the 2019 Creditflux Manager Awards

Bardin Hill earns Best New U.S. CLO at the 2019 Creditflux Manager Awards

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Apr 2019

Bardin Hill Expands Partnership

Bardin Hill Expands Partnership

New York, NY, April 24, 2019 – Bardin Hill Investment Partners (“Bardin Hill”), formerly Halcyon Capital Management, today announced the appointment of six new partners of the firm. The new partners draw from the firm’s senior investment and business teams and average seven years at the firm and 18 years of industry experience. The appointments follow the firm’s completion of its succession plan last October when Jason Dillow was named Chief Executive Officer, the firm formed a strategic partnership with TPG Sixth Street Partners (“TSSP”) and announced additional investments from existing partners of Bardin Hill, Dyal Capital, and the foundation of the firm’s founder, Alan B. Slifka.

“We are pleased to announce this new class of partners,” said Jason Dillow, Chief Executive Officer and Chief Investment Officer of Bardin Hill. “These promotions underscore the many contributions made by the new partners to the firm’s success, as well as their commitment to our clients and to our company values. We believe we are well positioned for the future with a deep team of senior leadership overseeing the disciplined, institutionalized processes that allow us to create long-term value for our investors.”

The new partners at Bardin Hill include:


                Pratik Desai, Portfolio Manager, Opportunistic Credit
            

                Jacob Fishelis, Chief Financial Officer


                Andrew Friedman, Partner, Opportunistic Credit


                Damien Miller, Portfolio Manager, European Opportunistic Credit
             

                Phil Raciti, Portfolio Manager, Head of U.S. Performing Credit
 

                Mark Simons, Portfolio Manager, Merger Arbitrage


About Bardin Hill
Bardin Hill is a global investment management firm with core competencies in credit strategies, including distressed, stressed and performing credit, as well as liquidations and cash-outs, litigation-driven investing, merger arbitrage and event-driven equities. Founded in 1981, the firm is headquartered in New York, with office in London and Luxembourg, and manages approximately $10 billion in assets. For more information please visit www.bardinhill.com.


Contacts:
 
Investors
Rehan Virani
Bardin Hill
(212) 303-9400
ir@bardinhill.com


Media
Steve Bruce / Mary Beth Grover
ASC Advisors LLC
(203) 922-1230
sbruce@ascadvisors.com / mbgrover@ascadvisors.com

Jan 2019

Suzanne McDermott named Chief Operating Officer

Jan 2019

Pratik Desai named Portfolio Manager for opportunistic credit strategies

Dec 2018

Jason Dillow appears on Bloomberg News

Jason Dillow appears on Bloomberg News

Oct 2018

Firm succession plan is complete. CIO Jason Dillow appointed CEO, TPG Sixth Street Partners (TSSP) announced as new strategic partner, and firm is renamed Bardin Hill Investment Partners

Firm succession plan is complete. CIO Jason Dillow appointed CEO, TPG Sixth Street Partners (TSSP) announced as new strategic partner, and firm is renamed Bardin Hill Investment Partners

Halcyon Capital Management announces investments by TPG Sixth Street Partners and Dyal Capital Partners

Halcyon to change name to Bardin Hill Investment Partners

New York, October 10, 2018 – Halcyon Capital Management (“Halcyon”) today announced that it has sold minority stakes to TPG Sixth Street Partners (“TSSP”), the global credit and credit-related investment platform, and to Dyal Capital Partners (“Dyal”), a division of Neuberger Berman Group.

TSSP has made a new minority investment in the firm, while Dyal has invested additional capital to increase its existing minority investment, resulting in its ownership stake approaching its initial 2012 investment. As part of the transaction, certain managing principals of the firm, their family members, and the philanthropic foundation started by the firm’s founder Alan Slifka have purchased significant equity in the firm. Terms of the transaction were not disclosed.

All of the equity sold is new equity issued by the firm, and no current owners are selling equity to the purchasers. The investments by TSSP and Dyal are passive and will not result in any changes in the day-to-day management or operations of the firm. Active partners will continue to own a substantial majority of the firm’s equity.

Concurrent with the transaction, Jason Dillow, the firm’s CIO, has been appointed as its CEO. John M. Bader, who served as Chairman and CEO, has retired.

Additionally, the firm’s name change to Bardin Hill Investment Partners (“Bardin Hill”) is in recognition of its vision for the future, the current generation of leadership and investment talent, and the new commitments by its partners.

Jason Dillow, CEO and CIO of Bardin Hill, said: “Our strategic partnership with these two best in class firms will help us to continue to focus on our core competencies as well as to innovate, which will serveour clients well for years to come. We are excited by the investment opportunities we are seeing and the ability of our platform to capitalize on them for the benefit of our clients. We are grateful for John’s 28 years of dedicated stewardship.”

John M. Bader, former Chairman and CEO of Halcyon, said: “I am delighted to pass the torch to Jason Dillow, whom I am confident will take the firm to the next level and to create an alliance with TSSP, which I believe will be an extraordinary strategic partner. I am appreciative of the continued confidence demonstrated by Dyal and the Slifka Foundation.”

The partners of TSSP said: “This investment is a unique opportunity for TSSP to align with someone our partnership group knows well and where our team sees clear opportunities for collaboration. We have confidence in Jason and his colleagues. TSSP is pleased to invest as they build the next generation of their business.”

Michael Rees, Managing Director and Head of Dyal Capital Partners, said: “We’ve been pleased to watch the seamless leadership transition to Jason, and our equity purchase represents our continued confidence in him and the team. Our separate investments in TSSP and Bardin Hill are now further enhanced by theirnew relationship and history working together.”

Oct 2018

Jason Dillow appears on Bloomberg News

Jason Dillow appears on Bloomberg News

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Oct 2018

Suzanne McDermott included in the Hedge Fund Journal’s 50 Leading Women in Hedge Funds

Suzanne McDermott included in the Hedge Fund Journal’s 50 Leading Women in Hedge Funds

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Sep 2018

Phil Raciti joins the firm as Head of U.S. Performing Credit

Phil Raciti joins the firm as Head of U.S. Performing Credit

Halcyon Capital Management LP (“Halcyon”) today announced the appointment of Philip Raciti as Head of U.S. Performing Credit and Portfolio Manager

At Halcyon, Mr. Raciti will focus on the day-to-day management of the U.S. senior loan portfolios for the firm across both CLOs and separately managed accounts.

New York, NY, September 24, 2018 – Halcyon Capital Management LP (“Halcyon”) today announced the appointment of Philip Raciti as Head of U.S. Performing Credit and Portfolio Manager. Mr. Raciti will be based in New York and will report to Jason Dillow, Halcyon’s Chief Investment Officer and Head of Credit, and Brian Yorke, the firm’s Head Trader and Global Performing Credit Portfolio Manager. At Halcyon, Mr. Raciti will focus on the day-to-day management of the U.S. senior loan portfolios for the firm across both CLOs and separately managed accounts.

“Phil has a proven track record leading successful performing credit investment strategies,” said Mr. Dillow. “Our team has known Phil for years and we are excited to have such a highly regarded industry leader join our integrated credit platform. Phil’s strong work ethic and collaborative leadership style are an ideal fit for our firm’s culture and will serve our investors well for years to come.”

“I couldn’t be more excited to be working with the talented team at Halcyon to capitalize on new credit investment opportunities,” said Mr. Raciti. “I look forward to being a part of the firm’s innovative anddisciplined investment style and to leveraging the expertise across the firm’s credit platform to continue to deliver value to investors.”

Previously, Mr. Raciti was a Senior Managing Director and Portfolio Manager at CVC Credit Partners. Mr. Raciti’s responsibilities included managing the U.S. Performing Credit business across research, trading, and technology initiatives. Mr. Raciti joined Apidos Capital (a predecessor to CVC Credit Partners) in March 2005 as a credit analyst and trader. Prior to CVC, Mr. Raciti was a Credit Analyst and Technology Specialist for INVESCO. Mr. Raciti earned a B.A. in Politics, Philosophy, and Law from Binghamton University.

Sep 2017

Matthew McQuade joins the firm as Head of Opportunistic Credit Trading

Apr 2017

Jason Dillow appears on Bloomberg News

Jason Dillow appears on Bloomberg News

Mar 2017

Investors Choice Awards 2017 Americas Winners Announced

Investors Choice Awards 2017 Americas Winners Announced

(New York, March 23rd 2017) Allocator, the data platform for the investment management
industry, has announced the winners of its Investors Choice Awards 2017 for the Americas
region.

Renaissance Technologies, and Maracato Capital Management won the major awards of the
night, being the Fund of the Year and the Emerging Fund of the Year, respectively. Renaissance
Technologies in fact took three awards on the evening, also winning the Equity Fund of 2016 and
the Equity Fund - Long Term Performance categories.

Jackie DeAngelis, CNBC reporter and host of CNBC’s "Futures Now" show, presented on the
evening, which was held at the Plaza Hotel in New York.

“The awards reflect the holistic approach our clients have to their fund investments and it was a
fantastic evening” said David Tawil, co-founder of Allocator.

This year, award finalists are being honored and the winners announced at two gala dinners in
New York and London.

The awards were judged by a distinguished panel of institutional investors in funds and they took
into account a set of qualitative criteria covering the investment process, risk management
framework and depth of research team, as well as a set of quantitative performance measures
including annualized returns, volatility and maximum drawdown.

Allocator is also a proud corporate partner of A Caring Hand, which is a beneficiary of the
Investors Choice Awards 2017 New York Gala Dinner. The mission of ACH is to meet bereaved
children and families wherever they are in their grief and fulfil their needs in a caring and
knowledgeable environment through services to help them with their emotional journey.
Congratulations to all the shortlisted fund managers and award winners!

Jan 2017

Suzanne McDermott named Chief Legal Officer

Jan 2017

Jacob Fishelis named Chief Financial Officer

Jan 2016

Jason Dillow becomes Chief Investment Officer