Michael C. Nedder Senior Business Development Professional Silver Point Capital Mr. Nedder’s primary responsibilities entail the sourcing and evaluation of underperforming or nonperforming commercial loans and leases. Mike joined Silver Point Capital in June 2008 from MagnetBank Equipment Finance, where he was a Vice President, Capital Markets responsible for originating equipment debt and lease transactions in the secondary market. Prior to that, he spent over nine years at Emigrant Business Credit Corporation as a Vice President, Indirect Sales. His duties included originating equipment loans, leases, and leveraged loans in the secondary market as well as other structured and asset based debt transactions. Mike has over 25 years of new business development experience working for various finance companies and commercial banks since 1983. Silver Point Capital, L.P. (“Silver Point”) is a multi-billion dollar, distressed and credit focused private investment firm, founded in 2002. The fund specializes in the acquisition, management and resolution of distressed financial instruments. The group in which Mike works, Secondary Loan Acquisitions, concentrates on the purchase of Commercial Real Estate (“CRE”) and Commercial & Industrial (“C&I”) loans that are distressed or non-performing. Silver Point has recently purchased retail, industrial, apartment, hotel/motel, office, assisted living/nursing home, C&G and condo assets in over 35 states throughout the US.
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