BNET Industries
Last Fiscal Year Sales:$5.0B
- Private
- US
Dow Jones Description
Wexford Capital LLC is an SEC registered investment advisor with $5 billion of assets under management. The firm, which was formed in 1994, manages a series of hedge funds and private equity funds from its Greenwich, CT headquarters. Wexford manages four hedge funds with over $3.4 billion in AUM: the opportunistic/global macro Wexford Spectrum Fund, the multi-strategy credit oriented Wexford Credit Opportunities Fund, the energy and natural resources focused Wexford Catalyst Fund and the fixed-income focused Wexford Global Strategies Fund. Wexford also manages a series of private equity funds and has invested over $3 billion in private equity investments. Wexford prides itself on its independent thinking and opportunistic investment style. While Wexford invests in many different sectors, we have particular expertise in bankruptcy/distressed, energy/natural resources, real estate technology/telecommunications and transportation.
Director, Chief Executive Officer
James D PalmNumber of Employees 70
Contact Information
411 W Putnam Ave Ste 125
Greenwich, Connecticut 06830-6275
(203) 862-7000
Peer Companies
NAICS Code Administrative Management and General Management Consulting Services: 541611
News & Analysis
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wexford capital llc - All News and Analysis
AEP completes sale of mining operations
Ohio-based American Electric Power, which has ownership interests in Utah and six other states and royalty interests in West Virginia reserves, said Friday it has completed the sale of its AEP Coal mining operations in Ohio and Kentucky to affiliates of Wexford Capital LLC. AEP will receive $8.8...
S.L. opts not to enter UTOPIA
The connection is dead in Salt Lake City. A bid to make Utah's capital a participating member of the Utah Telecommunications Open Infrastructure Agency, which seeks to bring high-speed fiber-optic Internet connections to every address in member cities, died with a 4-2 vote from the City Council Tuesday....
S.L. given a low-risk option on UTOPIA
Salt Lake City would shoulder a lot less financial risk but share a lot less profit under a new, 11th-hour deal to induce the city to stick with UTOPIA. Wexford Capital, LLC, a private Connecticut-based venture capital firm that already has ties to the proposed Utah Telecommunications Open...
Embraer sells 22 aircrafts for US$350mil.
Brazil , Jun 11, 2002 The Brazilian aircraft manufacturer Embraer has recently sold 15 jets for 37 passengers and 7 jets of 50 seats to Wexford Capital LLC in a move worth US$350mil. Wexford considers buying other 30 jets, which would increase this figure...
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Decision Makers
| Name (plus bio) | Position |
|---|---|
| James D Palm | Director, Chief Executive Officer |
| Joseph M. Jacobs | President |
| Jay L. Maymudes | CFO |
| Michael G. Moore | Vice President and Chief Financial Officer |
| Joel H McNatt | Vice President, Secretary and General Counsel |
| John Doyle | Vice President |
| Paul A Mieyal | Vice President |
| Arthur Amron | Partner and General Counsel |
| Ethan E Silverman | Partner |
| Frederick Simon | Partner |
| John C. Sites Jr. | Partner |
| Kenneth Rubin | Partner |
| Mark P Mills | Partner |
| Mark Zand | Partner |
| Robert Holtz | Partner |
| Stephan Zeppelin | Director of Research |
| Stuart Maier | Geophysical Manager of Our Company |
| Antony Lundy | Canadian Advisor |
| Dan Noles | Director |
| David L. Houston | Director |
| Phillip G Lancaster | Director |
| Robert E. Brooks | Director |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| Charles Davidson | Chairman and Chief Investment Officer |
James D. Palm has served as a director of our company since February 2006 and as Chief Executive Officer of our company since December 2005. Mr. Palm is the manager and owner of Crescent Exploration, LLC, an independent oil and natural gas exploration company founded by Mr. Palm in 1995 and operating primarily in Oklahoma, the Texas Panhandle and Kansas. Mr. Palm currently serves as a member of the Industry Advisory Committee of the Oklahoma Corporation Commission. From October 2001 through October 2003, Mr. Palm served as the Chairman of the Oklahoma Energy Resources Board. From 1997 through 1999, Mr. Palm served as the President of the Oklahoma Independent Petroleum Association. Mr. Palm received a Bachelor of Science degree in Mechanical Engineering in 1968, and a Masters in Business Administration in 1971, both from Oklahoma State University.
| Organization | Position | Status |
|---|---|---|
| Wexford Capital LLC | Director, Chief Executive Officer | Current |
| Organization | Position | Status |
|---|---|---|
| Nomadics, Inc. | President | Current |
| Wexford Capital LLC | President | Current |
| Wexford Capital LLC | Co-Founder | Former |
| Republic Airways Holdings Inc. | Board of Directors | Current |
| ICx Technologies, Inc. | Board of Directors | Current |
| The Bear Stearns Companies Inc. | Senior Managing Director | Former |
| Wexford Corporation | Co-Founder | Former |
| Citibank, N.A. | Commercial Lending Officer | Former |
| Stearns Inc. | Former | |
| Harvard Business School | MBA | Former |
| Wharton Graduate School of the University of Pennsylvania | BS In Economics | Former |
| Wharton School, University of Pennsylvania | BS in economics | Former |
Charles E. Davidson, 54, co-founded Wexford in 1994 and serves as its Chairman and Chief Investment Officer. Mr. Davidson has primary responsibility for the overall strategic direction of Wexford's investment activities and serves as the portfolio manager for the Wexford Spectrum Funds and the Wexford Catalyst Funds. He has served on the boards and creditors committees of a number of public and private companies in which Wexford has held investments. From 1984-94, Mr. Davidson was a General Partner of Steinhardt Partners, L.P. where he was responsible for all fixed income arbitrage, risk arbitrage, private equity, distressed/bankruptcy and special situation investments of the multi-billion dollar hedge fund. From 1977-84, Mr. Davidson was employed by Goldman Sachs & Co. where he was the head of domestic corporate bond trading and proprietary trading. Mr. Davidson holds an MBA and a BA in economics from the University of California Los Angeles. Mr. Davidson lives in Greenwich, CT with his wife, daughter, son, and two dogs.
| Organization | Position | Status |
|---|---|---|
| Wexford Capital LLC | Chairman and Chief Investment Officer | Current |
| Wexford Capital LLC | Co-Founder | Former |
| Wexford Corporation | Co-Founder | Former |
| The Goldman Sachs Group, Inc. | employee | Former |
| Goldman, Sachs & Co. | Former | |
| University of California, Los Angeles | MBA | Former |
| University of California | MBA | Former |
| University of California, Los Angeles | BA In Economics | Former |
| University of California | BA in economics | Former |
| Organization | Position | Status |
|---|---|---|
| Wexford Shipping Company | CFO | Current |
| Wexford Corporation | Chief Financial Officer | Current |
| Wexford Capital LLC | CFO | Current |
| Republic Airways Holdings Inc. | Vice President and Assistant Secretary | Current |
| Wexford Capital LLC | Partner | Current |
| Deloitte Touche Tohmatsu | senior audit manager | Former |
| Deloitte Touche Tohmatsu | predecessor | Former |
| Wexford Capital LLC | Principal | Former |
| Touche Ross & Co. | employee | Former |
| Republic Airways Holdings Inc. | Board of Directors | Former |
| Queens College | BA In Accounting | Former |
Michael G. Moore has served as a Vice President and Chief Financial Officer of our company since July 2000. From May 1998 through July 2000, Mr. Moore served as Vice President and Chief Financial Officer of Indian Oil Company. From September 1995 through May 1998, Mr. Moore served as Controller of DLB Oil & Gas. Prior to that, Mr. Moore served as Controller of LEDCO, Inc., a Houston based gas marketing company. Mr. Moore received both his Bachelor of Business Administration degree in finance and his Masters in Business Administration from the University of Central Oklahoma.
| Organization | Position | Status |
|---|---|---|
| Wexford Capital LLC | Vice President and Chief Financial Officer | Current |
| Gulfport Energy Corporation | Vice President and Chief Financial Officer of Our Company | Current |
| Gulfport Energy Corporation | Senior Vice President, Chief Financial Officer | Current |
| Indian Oil Corporation Limited | Chief Financial Officer | Former |
| Indian Oil Corporation Limited | Vice President | Former |
| Ledco, Inc. | Controller | Former |
| University of Central Oklahoma | Masters In Business Administration | Former |
| University of Central Oklahoma | Bachelor of Business Administration Degree In Finance | Former |
Joel H. McNatt has served as a Vice President, General Counsel and Secretary of our company since November 2004. From May 1996 through October 2004, Mr. McNatt practiced in the areas of energy, products liability and complex business litigation with the firm McKinney & Stringer, P.C. Mr. McNatt received his juris
| Organization | Position | Status |
|---|---|---|
| Wexford Capital LLC | Vice President, Secretary and General Counsel | Current |
John V. Doyle, 51, joined Wexford in 2004 and became a Partner in 2007. Mr. Doyle serves as the portfolio manager of the Wexford Credit Opportunities Fund. From 2000-04, Mr. Doyle was a Trader with ETG, LLC, a registered Broker / Dealer where he traded a variety of securities and participated in a buyout of the firm in 2003. Mr. Doyle served as the Senior Advisor to the CEO of the firm and as a member of the Board of Directors of ETG. From 1991-2000, Mr. Doyle was employed by Lazard Freres & Co, LLC as Senior Vice President, General Partner and Managing Director. While at Lazard, Mr. Doyle founded the High Yield and Distressed Debt Group and had primary management responsibility for all of the firm's activities in high yield and distressed debt trading, sales, research and capital markets. From 1979-1991, Mr. Doyle worked at Bankers Trust, E.F. Hutton and The First Boston Corporation. Mr. Doyle holds an MBA in finance from Fordham University and a BA in economics and Russian language from Middlebury College. Mr. Doyle lives in Rye, NY with his wife and five children.
| Organization | Position | Status |
|---|---|---|
| Wexford Capital LLC | Vice President | Current |
| Wexford Capital LLC | Partner | Former |
| Electronic Trading Group LLC | Senior Advisor To the CEO | Former |
| Lazard Ltd. | Senior Vice President | Former |
| Lazard Ltd. | Managing Director | Former |
| Lazard Ltd. | General Partner | Former |
| Wexford Capital LLC | Portfolio Manager | Former |
| The Associated Press | Supervisor | Former |
| Electronic Trading Group LLC | Trader | Former |
| E.F. Hutton | NA | Former |
| Bankers Trust Company Inc. | NA | Former |
| The First Boston Corporation | NA | Former |
| The Associated Press | Broadcast Editor | Former |
| Electronic Trading Group LLC | Director | Former |
| Fordham University | MBA In Finance | Former |
| Middlebury College | BA In Economics | Former |
| E.F. Hutton | Team Member | Former |
| Bankers Trust Company Inc. | Team Member | Former |
| The First Boston Corporation | Team Member | Former |
| Organization | Position | Status |
|---|---|---|
| Wexford Capital LLC | Vice President | Current |
| Triage Medical, Inc | Board of Directors | Current |
| GlobeImmune Inc. | Board of Directors | Current |
| Epiphany Biosciences, Inc. | Board of Directors | Current |
| Tigris Pharmaceuticals, Inc. | Director | Current |
| Pear Tree Pharmaceuticals, Inc. | Director | Current |
| Wexford Capital LLC | Director of Healthcare Investments | Former |
| New York Medical College | Ph.D. In Pharmacology | Former |
Arthur H. Amron, 50, joined Wexford in 1994, became a Partner in 1999 and serves as Wexford's General Counsel. Mr. Amron is responsible for all internal legal and securities compliance matters. Mr. Amron also actively participates in various private equity transactions, particularly in the bankruptcy and restructuring areas, and has served on the boards and creditors' committees of a number of public and private companies in which Wexford has held investments. From 1991-94, Mr. Amron was an Associate at Schulte Roth & Zabel LLP specializing in corporate and bankruptcy law and from 1984-91, Mr. Amron was an Associate at Debevoise & Plimpton LLP specializing in corporate litigation and bankruptcy law. Mr. Amron holds a JD from Harvard University, a BA in political theory from Colgate University and is a member of the New York Bar. Mr. Amron lives in Scarsdale, NY with his wife and two sons.
| Organization | Position | Status |
|---|---|---|
| Wexford Capital LLC | Partner and General Counsel | Current |
| Wexford Capital LLC | General Counsel | Current |
| Wexford Corporation | General Counsel | Current |
| Schulte Roth & Zabel LLP | Associate | Former |
| Debevoise & Plimpton Llp | Associate | Former |
| Wexford Capital LLC | Director | Former |
| Frontier Airlines, Inc. | Director | Former |
| Republic Airways Holdings Inc. | Board of Directors | Former |
| Colgate University | BA In Political Theory | Former |
| Frontier Airlines, Inc. | member | Former |
Ethan E. Silverman, 48, joined Wexford in 2004 and became a Partner in 2007. Mr. Silverman focuses on public equity investing. From 2001-04, Mr. Silverman was Head of Capital Introduction Services at Merrill Lynch & Co. and The Silverman Group, LLC. From 1997-00, Mr. Silverman was the General Partner at SilverTree Capital, a long/short equity hedge fund. From 1991-97, Mr. Silverman was an Equity Analyst at The Travelers Group, Steinhardt Partners, L.P. and Wasserstein Perella Inc. From 1983-91, he was Vice President in Equity Sales at Goldman Sachs & Co. Mr. Silverman holds an MBA in finance from Columbia Business School and a BA in neurobiology from Wesleyan University. Mr. Silverman lives in White Plains, NY with his wife and three sons.
| Organization | Position | Status |
|---|---|---|
| Wexford Capital LLC | Partner | Current |
| Wexford Corporation | Current | |
| Goldman, Sachs & Co. | Vice President | Former |
| Travelers Group | Equity Analyst | Former |
| Columbia Business School | MBA In Finance | Former |
| Wesleyan University | BA In Neurobiology | Former |
Frederick B. Simon, 53, joined Wexford in 1995 and became a Partner in 2001. Mr. Simon focuses primarily on investments in the Wexford Private Equity Funds. He has served on the boards and creditors committees of a number of public and private companies in which Wexford has held investments. From 1984-94, Mr. Simon was Executive Vice President and a Partner of Greycoat Real Estate Corporation, the U.S. arm of Greycoat PLC, a London Stock Exchange company. While at Greycoat he was involved in both real estate development and investment. From 1980-84, Mr. Simon was a senior lending officer in the real estate division of Citibank N.A. Mr. Simon holds a BA in political science from Union College and an MBA in finance from Hofstra University. Mr. Simon lives in Brookville, NY with his wife and two teenage daughters.
| Organization | Position | Status |
|---|---|---|
| Wexford Capital LLC | Partner | Current |
| Wexford Corporation | Current | |
| London Stock Exchange plc | Partner | Former |
| Wexford Capital LLC | Principal | Former |
| Citibank, N.A. | Senior Lending Officer | Former |
| Hofstra University | MBA In Finance | Former |
| Union College | BA In Political Science | Former |
| Organization | Position | Status |
|---|---|---|
| Wexford Capital LLC | Partner | Current |
| Rock Creek Timber | Current | |
| Phi Beta Kappa | Board of Directors | Current |
| Phi Beta Kappa | Member | Current |
| Timbervest, LLC | Owner | Former |
| Trading LLC | Former | |
| Rhodes College | BA In Economics | Former |
| Organization | Position | Status |
|---|---|---|
| Wexford Capital LLC | Partner | Current |
| Wexford Corporation | Current | |
| The Bear Stearns Companies Inc. | Managing Director | Former |
| Wexford Capital LLC | Principal | Former |
| The Bear Stearns Companies Inc. | Assistant Secretary | Former |
| Paul, Weiss, Rifkind, Wharton & Garrison | Associate | Former |
| Stanford Law School | JD | Former |
| The Order of the Coif | Jd | Former |
| Yale College | BA | Former |
| Yale University | BA With Honors In Economics | Former |
A co-founder of ICx, Mark Mills has been intimately involved in the strategic roadmap for ICx's core technologies and acquisitions. Mr. Mills is a founding partner of Digital Power Capital LLC, a Wexford Capital fund. Previously, Mr. Mills was a technology advisor for Banc of America Securities, and a co-author of the tech investment newsletter, the Huber-Mills Digital Power Report, published by Forbes, and the Gilder Group. Earlier he founded and ran an energy technology consulting firm and served as a staff consultant to President Reagan's White House Science Office. He holds a degree in physics from Queen's University, Canada.
| Organization | Position | Status |
|---|---|---|
| International Component X-Change | Co-Founder | Current |
| Digital Power Capital, LLC | Founder | Current |
| Techforum | Co-Founding Partner | Current |
| Digital Power Capital, LLC | Partner | Current |
| Wexford Capital LLC | Partner | Current |
| Critical Power Coalition | Co-Chair | Current |
| Critical Power Coalition | Board of Directors | Current |
| American Physical Society | Member | Current |
| ICx Technologies, Inc. | Chairman of the Board, Chief Technology Officer | Former |
| Banc of America Securities LLC | Technology Advisor | Former |
| U.S. Department of Energy | staff consultant | Former |
| Superior Bancorp | Technology Advisor | Former |
| Eyp Mission Critical Facilities | Board Member | Former |
| Queen's University | Degree, Physics | Former |
| Organization | Position | Status |
|---|---|---|
| Rhino Energy LLC | President and Director of Rhino Energy Llc's General Partner | Current |
| Wexford Capital LLC | Partner | Current |
| Merrill Lynch & Co., Inc. | Managing Director | Former |
| Merrill Lynch & Co., Inc. | Sales Manager | Former |
| Wexford Capital LLC | Principal | Former |
| New York University | MBA | Former |
| University of Michigan | BA | Former |
| New York University | APC in finance | Former |
Robert H. Holtz, 39, joined Wexford in 1994 and became a Partner in 1996. Mr. Holtz serves as the assistant portfolio manager for the Wexford Spectrum Funds and the Wexford Catalyst Funds and his responsibilities include global equities and commodities. He has served on the boards of a number of private companies in which Wexford has held investments. From 1989-94, Mr. Holtz was employed by Bear Stearns & Co., Inc. where he attained the position of Vice President. While at Bear Stearns, Mr. Holtz was involved in bankruptcies, restructurings and real estate investment banking. Mr. Holtz holds a BS in economics, summa cum laude, from the Wharton School of the University of Pennsylvania. Mr. Holtz lives in Stamford, CT with his wife and three sons.
| Organization | Position | Status |
|---|---|---|
| Wexford Capital LLC | Partner | Current |
| The Bear Stearns Companies Inc. | Vice President | Former |
| Wexford Capital LLC | Principal | Former |
| Wharton School, University of Pennsylvania | BS in economics | Former |
| Wharton Graduate School of the University of Pennsylvania | BS In Economics | Former |
Mr. Zeppelin holds a Bachelor of Science degree in Business Administration with emphasis on finance from the University of Colorado, Leeds School of Business (1997). Since 2004 he has worked as a Director of Research at Wexford Capital LLC focusing on oil services, shipping and shipbuilding. Mr. Zeppelin has previous experience as an analyst/associate at Bear Stearns & Co. New York from 2000 to 2004, as an associate at Globecon Group Ltd from 1999 to 2000 and as associate at Bankers Trust New York from 1998 to 1999. Mr. Zeppelin is an American citizen with residence in CT, USA. Mr. Zeppelin's term expires at the annual general meeting in 2009.
| Organization | Position | Status |
|---|---|---|
| Wexford Capital LLC | Director of Research | Current |
| Sevan Marine Asa | Board Member | Current |
Array
| Organization | Position | Status |
|---|---|---|
| Wexford Capital LLC | Geophysical Manager of Our Company | Current |
| Gulfport Energy Corporation | Senior Geologist | Former |
| Co-Production | Production Geologist | Former |
| Anschutz Corporation | Geologist | Former |
| University of Missouri | Bachelor of Science Degree In Geology | Former |
| Organization | Position | Status |
|---|---|---|
| Wexford Capital LLC | Canadian Advisor | Current |
| The Castle | Vice President | Former |
| Donaldson, Lufkin & Jenrette | Managing Director | Former |
| Deutsche Bank AG | Managing Director | Former |
| Wharton Graduate School of the University of Pennsylvania | BS In Economics | Former |
| The Wharton School of the University of Pennsylvania | Bs In Economics | Former |
| Organization | Position | Status |
|---|---|---|
| Wexford Capital LLC | Director | Current |
David L. Houston has served as a director of our company since July 1998. Since 1991, Mr. Houston has been the principal of Houston & Associates, a firm that offers life and disability insurance, compensation and benefits plans and estate planning. Mr. Houston has served as a director of Bronco Drilling Company since May 2005. Mr. Houston is a nominee to serve as director of Windsor Energy Resources upon completion of its initial public offering. Windsor Energy Resources is indirectly controlled by Wexford Capital LLC and Bronco Drilling Company is a company in which Wexford Capital LLC beneficially owns approximately 47% of the outstanding shares of common stock. Prior to 1991, Mr. Houston was President and Chief Executive Officer of Equity Bank for Savings, F.A., an Oklahoma-based savings bank. Mr. Houston currently serves on the board of directors and executive committee of Deaconess Hospital, Oklahoma City, Oklahoma, and is the former chair of the Oklahoma State Ethics Commission and the Oklahoma League of Savings Institutions. Mr. Houston received a Bachelor of Science degree in business from Oklahoma State University and a graduate degree in banking from Louisiana State University.
| Organization | Position | Status |
|---|---|---|
| Gulfport Energy Corporation | Director of Our Company | Current |
| Houston Associates, Inc. | Principal | Current |
| Wexford Capital LLC | Director | Current |
| Gulfport Energy Corporation | Board of Directors | Current |
| Bronco Drilling Company, Inc. | Director | Current |
| F&A Cheese Corporation | Officer | Former |
| Windsor Energy Resources, Inc | Director | Former |
| Louisiana State University | Graduate Degree In Banking | Former |
| Oklahoma State University | Bachelor of Science Degree In Business | Former |
| Organization | Position | Status |
|---|---|---|
| Wexford Capital LLC | Director | Current |
| Organization | Position | Status |
|---|---|---|
| Rgc Engineers, Inc. | Senior Engineer, Radiological Engineer | Current |
| Wexford Capital LLC | Director | Current |
| Gulfport Energy Corporation | Board of Directors | Current |
| Bank One Corp | Senior Vice President | Former |
| Louisiana.Com | Senior Vice President | Former |
| Bank One Corp | Manager | Former |
| Bank One Corp | Certified Public Accountant | Former |
| Purdue University | M.S. In Physics | Former |
| Purdue University | Bachelor of Science Degree | Former |
| Hampton University | B.A. In Physics | Former |
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