Pentwater Capital Management LP

Pentwater Capital Management is an investment advisory firm based out of Illinois operating as a hedge fund sponsor. The company was established in 2007 by founder Matthew Charles Halbower, who is currently still with the company today acting as its CEO and CIO. Pentwater Capital Management operates through its headquarters in Chicago and has additional satellite offices in Minneapolis and London and currently has 35 employees of which 11 are investment professionals. Pentwater Capital Management is owned through a controlling majority by its founder Matthew C. Halbower with the remaining ownership split amongst the Halbower Legacy Trust, which holds another third of the total ownership, and key executives. The company utilizes both quantitative and fundamental analysis perspectives to make its investment decisions, focusing on its “dynamic, disciplined approach to mitigate risk and optimize returns.” Pentwater Capital Management invests in fixed income, hedging, and public equity markets on a global scale, diversely allocating its assets across a variety of industries and companies. The company invests most heavily in the consumer discretionary sector, which alone makes up a third of its total asset allocations, and the firm also invests in the health care, finance, and energy sectors, among others to a lesser degree, in order of decreasing allocation. Pentwater Capital Management currently has over $10 billion in total assets under management spread across 18 accounts, all of which are discretionary accounts. Both of its total number of accounts held and total assets under management have been increasing in recent years with its total managed assets increasing significantly from its $1.5 billion amount back in 2010 to well over six times that amount today. Pentwater Capital Management mainly caters to pooled investment vehicles, which alone makes up over three quarters of its entire base, although it does also provide its services to corporations and other businesses.