Empyrean Capital Partners, LP, headquartered in Los Angeles with an additional office in New York, is an event-oriented, multi-strategy investment manager. The firm specializes in identifying companies experiencing transformative events or securities displaying price dislocations. Empyrean aims to achieve appealing absolute investment returns characterized by moderate volatility and low beta relative to the S&P 500.
Michael Alan Price founded Empyrean Capital Partners LP in 2004 and served as its Chief Operating Officer until 2015. Before founding Empyrean Capital Partners LP, he held the position of Partner at Goldman Sachs & Co. LLC. Michael Price earned his undergraduate degree from the University of California, Los Angeles, and completed his MBA at the Kellogg School of Management.
Amos Meron co-founded Empyrean Capital Partners in 2004 and brings a wealth of experience from his 28-year career in investment management, focusing extensively on special situations strategies. Before establishing Empyrean, Mr. Meron held pivotal roles at Goldman, Sachs & Co., starting in the Arbitrage and Proprietary Equity Strategies Departments. His career at Goldman Sachs progressed to becoming co-head of the U.S. group in 1996 and sole head in 1997. Later, he spearheaded a new initiative within the Equities Division, concentrating on proprietary trading opportunities in the Technology and Telecom sectors starting in late 2000. During his tenure, Amos Meron was integral to Goldman Sachs’ Principal Investment Area from 1989 to 1991, the firm’s private equity arm. He also served on Goldman Sachs’ Senior Trader Committee, Technology Operating Committee, and the Advisory Board for Goldman Sachs Private Equity Partners, a multi-billion dollar fund-of-funds. Amos Meron graduated summa cum laude from Harvard College with an A.B. in Economics in 1989.
Empyrean Capital Partners manages discretionary assets totaling $4,987,749,891, as reported in their Form ADV dated March 2024. Serving four clients, the firm's latest 13F filing for Q1 2024 revealed $1,744,773,016 in managed 13F securities, with a top 10 holdings concentration of 61.38%. Pioneer Natural Resources Co. stands as their largest holding, with 698,000 shares.
| Fund Name: | Empyrean Capital Partners |
| Manager | Michael Price And Amos Meron |
| Portfolio Value | $2,369,779,503 |
| Change This QTR | +1.39% |
| No. | Security | Ticker | Shares | Value | Activity | % Port | History |
|---|---|---|---|---|---|---|---|
| 1. | IEF | 1,690,000 | $373,304,100 | +464% | 15.75% | ||
| 2. | SPY | 305,000 | $174,996,800 | NEW | 7.38% | ||
| 3. | HES | 1,199,000 | $162,824,200 | +33% | 6.87% | ||
| 4. | AER | 1,600,000 | $151,552,000 | 6.39% | |||
| 5. | SHEL | 2,100,000 | $138,495,000 | 5.84% |
| Symbol | Company | Filed By | Filing Date | Filing |
|---|---|---|---|---|
| 2024-02-14 | ||||
| 2024-02-14 | ||||
| 2024-02-14 | ||||
| 2024-02-14 | ||||
| 2024-02-14 |
