Founded in 2017 by Todd Westhus, Olympus Peak Asset Management is a Greenwich-based hedge fund specializing in event-driven credit strategies. Westhus brings over 20 years of finance and investing experience, having previously served as Managing Partner at Perry Capital for 11 years focusing on credit and special situations, and prior experience at Avenue Capital Group in distressed opportunities. He holds a B.A. from Duke University in Economics and Biology. The firm recently welcomed Richard Perry as partner in 2024, the former hedge fund manager who previously ran Perry Capital managing up to $15 billion at its peak. The 4-person team includes 75% investment professionals managing approximately $529.8 million in assets across multiple fund structures. The firm has gained industry recognition through presentations at the Sohn Investment Conference and is known for its disciplined approach to distressed credit investing.

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Olympus Peak Asset Management employs an event-driven credit strategy focused on capital preservation and superior long-term risk-adjusted returns. The firm targets credit and other event-driven opportunities across corporate, structured, financial, and sovereign stressed and distressed investments. The team employs a dynamic and flexible approach to allocating capital to areas of the market that are less efficient, face limited competition, and where uneconomic sellers exist. OPAM emphasizes capital preservation, 'margin of safety' and returns that are generally uncorrelated with the overall markets. The investment philosophy centers on maximizing upside potential while carefully managing downside risk through rigorous analysis and opportunistic positioning.

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