Silver Point Capital Discloses 5.1% Stake in NaviSite (NAVI)
More News related to NAVI
- Trading Radar for 10/07: Alcoa (AA), Yum! (YUM), Safeway (SWY) Report; FOMC Minutes, Consumer Credit for August Due
- NaviSite Launches Dedicated Hosting Solutions Aimed at the Small and Midsize Market
- NaviSite Unveils AppStructure, Its Next-Generation Cloud Computing Platform
- NaviSite Tapped by Top Government Institute to Provide Managed Application Services
- NaviSite Joins PCI Security Standards Council as Newest Participating Organization
In a 13G filing on NaviSite (Nasdaq: NAVI) Silver Point Capital disclosed a 5.1% stake (1,870,731 shares) in the company. The firm held 590,100 shares at the quarter ended March 31, 2008.
NaviSite, Inc. and its subsidiaries provide application management and Internet solutions to the middle market companies.
Silver Point Capital L.P is a privately owned hedge fund sponsor. The firm manages hedge funds for its clients. It invests in the public equity, fixed income, and hedging markets of the United States. The firm primarily invests in securities of distressed, large-cap, and Mid-cap companies; bank debts; bonds; and trade claims. It specializes in credit analysis and diversified credit-related investments. Silver Point Capital is based in Greenwich, Connecticut.
Related Categories
13GsStocks Mentioned
-0.02Related Entities
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
