About
Gregg Loprete is a Portfolio Manager at Water Island Capital LLC, based in New York, where he specializes in managing the firm's special situations strategy with a focus on credit opportunities. Since joining the firm in 2009, he has been a Portfolio Manager for both the Water Island Credit Opportunities Fund and the Water Island Event-Driven Fund, overseeing investments across the capital structure, particularly in credit instruments and event-driven securities.
Mr. Loprete’s expertise spans credit arbitrage, fixed income, and special situations, and he has extensive experience in evaluating and managing convertible securities and capital structure investments. Prior to his role at Water Island Capital, he was a Convertible and Preferred Trader at Keefe, Bruyette & Woods, and a Director in the Convertible Arbitrage group at Ramius Capital Group, co-managing the firm's U.S. convertible arbitrage portfolio. Earlier, he held senior roles centered on convertible securities investments and merger arbitrage trading.
He holds an MBA from New York University and a BA from the University of Delaware, reflecting strong academic credentials alongside decades of practical experience. Throughout his career, Loprete has contributed significant thought leadership on alternative credit strategies and fixed income solutions, including published podcasts and industry panels.
Career History
| Organization | Role | Date Range | Details | 
|---|---|---|---|
| Water Island Capital, LLC | Portfolio Manager | Dec 2009 to Present | — | 
| Ramius Capital Group | Director | Jan 2007 to Jan 2008 | — | 
| SG Cowen | Convertible Analyst | Jan 2003 to Jan 2007 | — | 
| Lipper and Company | Head Trader and Member of Merger Arbitrage Mgmt Committee | Jan 1993 to Jan 2002 | — | 
Education
NYU Stern School of Business
MBA
1991 — 1993
University of Delaware
BA
1983 — 1987
Others at Water Island Capital LLC (6)
| Name | Role | Location | 
|---|---|---|
| CChristina Chew | Chief Operating Officer and Senior Managing Partner | New York, NY , United States | 
| CChristopher Plunkett | Analyst | New Rochelle, NY , United States | 
| Portfolio Manager | Caldwell, NJ , United States | |
| Managing Director - Head of Business Development | Saddle River, NJ , United States | |
| Portfolio Manager | New York, NY , United States | |
| PPaul Eisenmann | Vice President, Product Specialist | Medford, NJ , United States |