“As a founding donor of STEER, I am extremely grateful and humbled to have this opportunity to give back to our community in such a meaningful way. Participation in sports has taught me so many life lessons and life skills and I am thrilled to give these young student athletes the platform, tools and opportunity to develop and succeed not only in sports, but in life.”
John Abate is a Partner and Head of Trading at Silver Point Capital, a registered investment adviser focused on credit and special situations investments. The firm was founded in 2002 and is based in Greenwich, Connecticut. Mr. Abate joined Silver Point Capital in 2008 and is responsible for managing the firm’s trading desk.
Prior to joining Silver Point, Mr. Abate had over 19 years of distressed trading and portfolio management experience. Mr. Abate worked at JPMorgan for eight years, where he was hired as a managing director and head of distressed loan trading, specifically responsible for building that business. He was eventually promoted to head of all distressed trading and loan trading in 2005. Prior to working at JPMorgan, Mr. Abate worked for the Lehman Brothers Distressed Trading business from 1998 until 2000. He also previously worked at Citigroup, first as head of distressed research on the loan trading desk from 1994 until 1996, and later as head of distressed trading from 1996 until 1998. Prior to working for Citigroup, Mr. Abate worked as a high yield analyst with PPM America and First Coast Capital Management, a high yield investment boutique. Mr. Abate received an M.B.A. from the University of Florida and a B.A. from James Madison University. He is also a CFA Charterholder.
Mr. Abate is a member of the Capital Campaign Committee for POTS (Part of the Solution), a not-for- profit organization helping feed, clothe and legally assist economically disadvantaged people in the Bronx. Mr. Abate lives with his wife Kim in Port Chester, NY and has 2 children in college. He is a sports enthusiast and enjoys traveling.