Tiburon Capital Management
Manager Bio - Peter M. Lupoff
PETER M. LUPOFF
peter.lupoff@tiburonholdings.net
Peter M. Lupoff is the founder, CEO and Portfolio Manager of Tiburon Capital Management. Peter formerly was a Managing Director at Millennium Management, the New York based Multi-Strategy hedge fund where he managed a portfolio of investments in distressed and special situations. Previously he was Managing Director and Senior Portfolio Manager of the Robeco WPG Distressed Special Situations Fund.
During the course of Peter's more than twenty-year investment career, he can be credited with initiating some of the meaningful advances that have taken place in the distressed and high yield markets. In the late 1980s, Peter envisioned that a liquid secondary market in bank loans would provide institutional investors with an alternative debt instrument to conventional bonds. As such, he became one of the first traders of bank loans, which revolutionized liquidity and existing trading conventions. In the mid-1990s, he conceived of "bankruptcy and default-triggered puts" for suppliers to troubled companies, thereby expanding their use of derivatives and creating another new investable product for institutional funds and trade creditors.
Mr. Lupoff's experience in distressed investing strategies began in 1990 where he began working with Marty Whitman of Third Avenue Funds. Peter's bottom up approach is largely informed by this experience. Since then, Funds Mr. Lupoff have managed or co-managed have achieved awards such as GAIM's Top Performing Emerging Distressed Manager, MARHedge's Event-Driven Manager and an Institutional Investor nomination as Hedge Fund House of the Year.
Mr. Lupoff is a regular featured discussant on academic papers related to, and consultant to, The Federal Reserve Bank regarding market shocks and liquidity. Mr. Lupoff provides expert testimony on matters related to hedge funds, trading and his specific strategies, and also serves FINRA as an arbitrator/mediator with specific focus on hedge funds and strategies, issues consistant with his expertise.