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38 Utah Companies have raised over $201 million from the Utah Fund of Funds portfolios funds. -------------------------------------------------------- Visited with 25 funds. -------------------------------------------------------- Established 47 introductions. -------------------------------------------------------- The jobs created will produce over $100 million in tax revenue over the next 10 years. -------------------------------------------------------- The Utah Fund of Funds portfolio has an aggregate of $5 billion investable capital. -------------------------------------------------------- Over 350 Utah companies have been reviewed by Utah Fund of Fund portfolio managers. -------------------------------------------------------- More Statistics> |
 Utah Fund of Funds Investments
GSO Capital Partners LP (“GSO”) was formed in 2005 by Bennett Goodman, Tripp Smith and Douglas Ostrover (the “Founders”) to pursue credit-oriented investment strategies through credit hedge funds, mezzanine funds, senior debt funds and various Collateralized Loan Obligation (“CLO”) vehicles. Previously, the Founders worked together for over 16 years, and were senior executives in the Leveraged Finance and Alternative Capital businesses of Credit Suisse First Boston (“CSFB”) and Donaldson, Lukfin & Jenrette (“DLJ”). While at CSFB, the Founders managed the Credit Opportunities Fund, started in 2001, which invested in a diversified pool of assets, including leveraged loans, high yield bonds, distressed securities, mezzanine securities and private equity. Affiliates of CSFB were the only contributors to the Credit Opportunities Fund. When the Founders announced they were leaving CSFB to form GSO in 2005, CSFB agreed to transfer the management of the Credit Opportunities Fund, with substantially all operating personnel managing and administering the portfolio, to GSO. In March 2008, The Blackstone Group (“Blackstone”) acquired a controlling stake in GSO. Blackstone is a large alternative asset manager focused on private equity funds, real estate funds, funds of hedge funds, credit-oriented funds and CLOs. Outside of asset management, Blackstone also provides financial advisory services including mergers and acquisitions advisory, restructuring and reorganization advisory and fund placement services. << Back to Portfolio list |
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