MatlinPatterson

MatlinPatterson
Company typePrivate
IndustryPrivate equity
Founded2002; 22 years ago (2002)
FounderDavid J. Matlin, Mark R. Patterson
HeadquartersNew York, New York, United States
ProductsGrowth capital
Total assets$8.9 billion
Number of employees
80
Websitewww.matlinpatterson.com

MatlinPatterson is a distressed securities fund that participates in distressed and credit opportunities on a global basis. The firm was established in 2002 as a spinout from Credit Suisse First Boston. It is headquartered in New York City[1] and has offices in London and Hong Kong. MatlinPatterson was founded by David Matlin[2] and Mark Patterson. MatlinPatterson, through MatlinPatterson Global Advisers, manages private equity vehicles with a distressed-for-control mandate as well as an open-ended strategy seeking non-control credit investment opportunities.

MatlinPatterson is managed by co-founder David Matlin, together with Managing Partner, Peter Schoels and Michael Lipsky. Mr. Schoels has served as Managing Partner since 2009 and is also responsible for management of the illiquid investment portfolio. Mr. Lipsky, who joined the Firm in early 2011, is responsible for management of the liquid investment portfolio. Co-founder Mark Patterson serves as Chairman of MatlinPatterson Group.

  1. ^ "Contact Info." MatlinPatterson Global Advisers. Retrieved on September 17, 2009.
  2. ^ Graham, Joseph (17 November 2003). "Two legends of distressed investing visit Wharton". The Wharton Journal. Archived from the original on 23 February 2007. Retrieved 30 October 2013.{{cite news}}: CS1 maint: bot: original URL status unknown (link)