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Whitefort Capital Management, LP

I. Basics

Whitefort pursues a value-oriented event-driven strategy across the capital structure, including stressed/distressed credit and legal/process oriented special situations. The Firm favors investments that it believes can be profitable through the validation of either a financial, legal, or process/activist investment thesis. Whitefort has an absolute-return orientation, focused on seeking downside protection and asymmetric risk/return opportunities with low correlation to both markets and the economy. The Funds’ investment program may utilize investment and trading techniques including, but not limited to, trading in put and call options and other derivatives, the use of leverage, short sales, and the investment in illiquid securities.

Joseph Kaplan

Joseph Kaplan is the Co-Managing Partner and Portfolio Manager at Whitefort Capital Management, LP, a New York-based hedge fund founded in 2017 . Kaplan holds a JD/MBA from Harvard Law School and Harvard Business School, and a BA in Economics from Harvard University . Prior to co-founding Whitefort, he was a Managing Director at Meritage Group, a Principal at Cyrus Capital Partners, and an analyst in restructuring at Blackstone .

David Salanic

David Salanic is the Co-Managing Partner and Co-Portfolio Manager at Whitefort Capital. Before co-founding the firm, he co-managed the Whitefort Partners Master Fund and advised its strategic investor. From 2012–2015, he ran the Tortus Master Fund, a short-biased credit and special situations fund. Earlier, he was a Director at Fir Tree Partners, leading distressed activist and sovereign investments. He began his career in M&A at Lazard in New York and Montreal. Salanic holds an MBA from Harvard Business School and a Bachelor of Commerce from McGill. He is fluent in English, French, and conversational in Mandarin and German.

II. Letters & Presentations

Nil

III. Live "significant" companies
Companies with fund stakes involved in activist actions such as 13D filing(s) or proxy campaign(s).
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