Empyrean Capital Partners, LP is an event-oriented, multi-strategy investment manager headquartered in Los Angeles, with an office in New York. Empyrean seeks to identify companies going through transformative events and/or securities exhibiting price dislocations and strives to generate attractive absolute investment returns with moderate volatility and low beta to the S&P 500.

01

ABOUT US

Amos Meron co-founded Empyrean Capital Partners, LP in 2004 with two objectives:

  1. preserve capital in a variety of market environments, and,
  2. provide our clients attractive risk-adjusted returns in event-oriented opportunities in which inefficiencies or mispricings exist.

Empyrean is a multi-billion dollar investment manager with over 20 years of experience and what it believes are some of the best investment minds in the country.   Investors in our strategies include corporate and public pensions, endowments/ foundations, family offices/high-net worth persons, sovereign wealth funds, and other institutional investors.

02

OUR INVESTMENT STRATEGIES

Empyrean employs a fundamentally-oriented, fully integrated, multi-disciplinary approach to event-oriented investing, and aims to protect and grow investors’ assets by seeking to generate attractive risk-adjusted returns. 

EVENT-DRIVEN APPROACH

Empyrean seeks to invest in situations where identifiable catalysts exist which can unlock value and close the gap between market value and intrinsic value.  We strive to find idiosyncratic opportunities, including those less-trafficked or exhibiting asymmetric returns. Potential sources of event opportunities include corporate transactions and complex market, regulatory, or legal events. Our investment process is characterized by rigorous “bottom-up” fundamental research and analysis.

CROSS-ASSET CLASS CAPABILITIES

Empyrean’s investment team has expertise in a variety of special situation strategies across asset classes, including equity, credit, and convertible securities.  A flexible investing approach allows us to express an investment thesis through securities offering the best risk-reward in our assessment.

BETA-NEUTRAL PORTFOLIO

We maintain a low beta mandate, as we believe situation-specific risk is better for clients than directional risk.

MODERATELY CONCENTRATED PORTFOLIO

We focus risk through a moderately concentrated single portfolio with capital concentrated in our highest conviction ideas.

RISK MANAGEMENT

Risk management is an integral part of the investment process.  The risk management process is intended to balance a “bottom-up” approach to security selection with portfolio level risk filters, and guidelines, and a variety of credit, equity, and volatility hedging strategies are utilized in an effort to reduce market exposure.

A STEWARD OF CAPITAL

The investors in our strategy include some of the world’s leading institutional investors, including corporate and public pensions, academic endowments, charitable foundations, and sovereign wealth funds.  Our investment philosophy strives to preserve the capital that our investors rely on for the future, while growing investor assets to meet their goals.

03

OUR LEADERSHIP TEAM

Amos Meron, Founding Partner & Chief Investment Officer

AMOS MERON

Managing Partner & Chief Investment Officer

Amos Meron co-founded Empyrean Capital Partners in 2004. Mr. Meron has extensive experience spanning over a 35-year investment management career overseeing a wide variety of investments in the special situations strategy. Prior to founding Empyrean, Mr. Meron was a Partner at Goldman Sachs & Co., where he was a member of the Arbitrage & Proprietary Equity Strategies Departments. In 1996, Mr. Meron was promoted to Co-Head of the U.S. Group, and in 1997 to sole Head. Beginning in late 2000, Mr. Meron founded and headed a new business initiative for the Equities Division focused on proprietary trading opportunities in the technology and telecom sectors. From 1989 to 1991, Mr. Meron was a member of Goldman Sachs’ Principal Investment Area (the firm’s private equity arm). Mr. Meron served on Goldman Sachs’ firm-wide Senior Trader Committee, the Technology Operating Committee, and as a member of the Advisory Board for Goldman Sachs Private Equity Partners (a multi- billion dollar fund-of-funds). Mr. Meron earned an AB in Economics from Harvard College, graduating summa cum laude.

Brian Joseph, Partner & Portfolio Manager

BRIAN JOSEPH

Partner

Brian Joseph joined Empyrean in 2009 to build out the firm’s credit capabilities. He has covered multiple industries, including financial and business services, and has extensive experience across the credit spectrum, from structuring new issues to spearheading numerous restructurings. From 2003 to 2009, Mr. Joseph was a Research Analyst with GoldenTree Asset Management, L.P., a value-oriented hedge fund based in New York. From 2001 to 2003, Mr. Joseph was an Analyst in both the Private Equity Advisory Group and the Media Telecom Group at Dresdner Kleinwort Wasserstein. Mr. Joseph earned an AB in Economics from Harvard College, graduating cum laude. Mr. Joseph serves on the Board of Directors for Caravan to Class, a nonprofit helping to build schools and provide access to education for children and young women in Africa. He also serves as the Head of Philanthropy for the annual Bull City Foodraiser in Durham, North Carolina, which provides groceries to 5,000 students during school breaks.

Andrew Reger, Partner & Portfolio Manager

ANDREW REGER

Partner

Andrew Reger joined Empyrean in January 2012. From 2007 to 2011, Mr. Reger was a Research Analyst and Portfolio Manager with GoldenTree Asset Management, L.P., a value-oriented hedge fund based in New York. From 2006 to 2007, he was an Equity Analyst at Chaplin Global covering the technology, media and telecom sectors. Prior to Chaplin Global, he was an Equity Analyst at Bear Stearns & Co. Inc. from 2004 through 2006. From 2002 through 2004, Mr. Reger was a Capital Markets Analyst at Thomson Financial. Mr. Reger began his career as an Auditor at KPMG LLP from 1999 to 2002. Mr. Reger is a CFA. Mr. Reger earned a BA in Accounting from the Catholic University of America.

Chris Abad posing for a picture.

CHRIS ABAD

Partner

Chris Abad joined Empyrean in 2012. For two years prior to joining Empyrean, he provided analytical support to the Firm’s credit investing team as an independent consultant. Mr. Abad previously worked at GoldenTree Asset Management from 2004 to 2010, where he was a Research Associate. From 2000 to 2002, he was an Analyst at Chanin Capital Partners, a boutique restructuring advisory firm based in New York and Los Angeles. Mr. Abad earned a BA in Economics & Journalism from New York University’s College of Arts and Science. Mr. Abad is a member of the Board of Directors for the Lagond Music School, a nonprofit organization dedicated to contemporary music education and performance, serving a diverse community of students throughout the New York suburbs.

Kate Baumann posing for a picture.

KATE F. BAUMANN

Partner & Head of Investor Relations

Kate Baumann joined Empyrean in 2017. Prior to joining Empyrean, from 2010 to 2017, Ms. Baumann was a member of the Investor Relations Team at Eton Park Capital Management in New York. Ms. Baumann began her career at J.P. Morgan Private Bank in 2007, where she worked as a Banking Analyst until 2009, and as a Global Investment Analyst from 2009 to 2010. Ms. Baumann earned a BS in Business Administration-Finance, with a minor in Spanish, from Georgetown University’s McDonough School of Business. As co-founder of Women of Georgetown, an alumni networking initiative focused on cultivating the next generation of leaders, Ms. Baumann remains active in the Georgetown community.

Peter Bergren

PETER BERGREN

Partner & Chief Financial Officer

Peter Bergren joined Empyrean in 2013. Mr. Bergren began his career in public accounting in 2004 at PriceWaterhouseCoopers, LLP, where he was employed until 2006. He joined Magnetar Capital LLC in 2006 shortly after the firm launched and went on to manage the firm’s accounting, administration, reporting, and year-end audit process for over forty multi-strategy private funds and registered products. Mr. Bergren is a CFA® charterholder and a Certified Public Accountant. Mr. Bergren earned a BS in Finance & Accounting from Indiana University’s Kelley School of Business. Mr. Bergren serves on the ScholarBridge Board and the Audit Committee for Fulfillment Fund, a nonprofit organization that provides Los Angeles students with a path to access, afford and succeed in higher education.

Cary Goldstein posing for a picture.

STERLING HATHAWAY

Partner & Head of Risk and Treasury

Sterling Hathaway joined Empyrean in 2011. From 2008 to 2011, Mr. Hathaway served as Chief Operating Officer at Boulevard Capital Management in Los Angeles. From 2006 to 2008, Mr. Hathaway was the Chief Financial Officer at Glacier Bay Capital. From 2003 to 2006, he was the Fund Operations Manager at Big Sky Capital. From 2001 to 2003, Mr. Hathaway was an Associate at Chapman Capital. Mr. Hathaway earned a BS in Business with an emphasis on Finance from the University of Colorado at Boulder. Mr. Hathaway serves on the Board of Directors for Sunsar Maya, a nonprofit organization that helps women and children in Nepal build pathways out of poverty through community-based programs focused on education, mental health and physical wellbeing.

Sterling Hathaway posing for a picture.

SAM MITCHELL

Partner

Sam Mitchell joined Empyrean in 2015. Prior to Empyrean, from 2012 to 2015, Mr. Mitchell was a Financial Analyst at Karlin Asset Management, Inc., a $1 billion-plus family office, in Los Angeles. From 2011 to 2012, he worked as a Financial Analyst at Houlihan Lokey. Mr. Mitchell earned a BS in Business Administration from the University of Southern California Marshall School of Business, graduating magna cum laude. Mr. Mitchell is the founder of the Gillie Foundation, a non-profit that provides grants to numerous organizations supporting canine rescue, shelter, adoption, and the use of therapy dogs in rehabilitation contexts.

Sterling Hathaway posing for a picture.

GINGER NORMAN

General Counsel & Chief Compliance Officer

Jennifer (Ginger) Norman joined Empyrean in 2022. Prior to joining Empyrean, she spent over 11 years at Canyon Partners, LLC in Los Angeles where she served as Managing Director & Deputy General Counsel. Ms. Norman has extensive experience over her nearly two-decade career spanning corporate and transactional activity, document negotiations, fund structuring and formation, human resources, and regulatory and compliance matters. She spent the first half of her career at leading law firms, most recently at Sidley Austin LLP. She began her career at Paul, Weiss, Rifkind, Wharton & Garrison LLP and was a member of the Private Funds Group at Debevoise & Plimpton LLP. She earned a JD from the Columbia University School of Law in 2003, where she was twice named a James Kent Scholar. Ms. Norman earned a BA and BFA from Southern Methodist University. Ms. Norman serves as a Director of the West Los Angeles Little League, as well as Flight Path, a tuition-free repertory program for young dancers in New York City.

04

CAREERS

At Empyrean Capital Partners, talent is critical to our success. We strive to attract the industry’s brightest individuals who are driven to be the best at what they do.  Empyrean’s dedication to maintaining a culture of excellence, collegiality, and collaboration drive our selective hiring process across all areas of the firm. The ideal candidate possesses intelligence, an entrepreneurial and dedicated resolve, is team-oriented, and has demonstrated a proven track record in prior endeavors.

Contact us at [email protected].

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The firm makes employment decisions on the basis of merit and provides equal employment opportunity to all qualified employees and applicants for employment regardless of race, color, ethnicity, creed, religion, sex or gender, pregnancy, national origin, ancestry, citizenship status, age, marital or partnership status, sexual orientation, gender identity or expression, disability, genetic information, veteran or military status, political activity, or any other classification protected by applicable law.