Empyrean Capital Partners, LP
Empyrean Capital Partners, LP is a Los Angeles-based hedge fund founded in 2004 that specializes in alternative investment strategies. The firm manages approximately $4.9 billion in assets and employs around 31 professionals, primarily investors. It serves institutional investors and high-net-worth individuals, focusing on global credit, equity, and event-driven opportunities.
Investment Strategy
Empyrean Capital Partners utilizes an opportunistic and event-driven investment approach, seeking alpha primarily through investments in distressed securities, long/short equity, corporate credit, and special situations globally. The firm is known for its rigorous fundamental research and a disciplined risk management framework, aiming to capture value and manage downside in complex market environments.
Latest 13F Filing Activity
Empyrean Capital Partners, LP filed their most recent 13F report on Jun 30, 2025 disclosing 55 equity positions and 2 options positions with a total 13F market value of $3B. The fund increased holdings in SPDR S&P 500 Etf TR, Liberty Broadband Corp., Skechers U S A Inc. among other positions. Empyrean Capital Partners, LP reduced exposure to Hess Corp., Api Group Corp., Ftai Aviation LTD among others.
Top Holdings
Equity Positions (55)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
A AER | AERCAP HOLDINGS NV | 5.62% | $167.5M | 1,432,000 | $56.14 | $117.00 | +$26.3M |
S SHEL | SHELL PLC | 5.43% | $161.9M | 2,300,000 | $71.98 | $70.41 | -$6.6M |
H HES | HESS CORP | 4.21% | $125.5M | 906,000 | $128.02 | $138.54 | -$66.0M |
| LIBERTY BROADBAND CORP | 3.04% | $90.6M | 920,781 | $86.06 | $92.10 | +$63.3M | |
M MPC | MARATHON PETE CORP | 2.96% | $88.2M | 531,000 | $146.09 | $166.11 | +$12.4M |
Options Positions (2)
Industry Allocation
Investment Team (10)
| Name | Role | Location | |
|---|---|---|---|
A Andrea Collazo | Analyst | Los Angeles, CA , United States | |
 | Principal | New York, NY , United States | |
C Christopher Abad | Partner | New York, NY , United States | |
 | Portfolio Manager | CA , United States | |
 | Partner and Chief Financial Officer | Los Angeles, CA , United States | |
A Armando Sistos | Portfolio Manager and Partner | Los Angeles, CA , United States | |
J Josh Daleo | Principal | New York, NY , United States | |
J Joshua Chekofsky | analyst | United States | |
S Seth Shapiro | principal | United States | |
S Shamika Dighe | Investment Analyst | New York, NY , United States |