Silver Point Capital specializes in taking long and short positions distressed debt and credit-focused securities. The firm's investment strategy with respect to their Flagship Funds focuses on making investments in debt, equity or other securities, obligations or instruments of misvalued, mislevered, leveraged or financially distressed companies and in event-oriented and other special situations. The Flagship Funds may hold both long and short positions in such investments. The investment strategies employed by the Flagship Funds may include the following: credit-oriented investments; event-oriented investments; asset-oriented investments; and investments in misvalued securities, obligations or instruments. The Flagship Funds may utilize any equity, debt, derivative or other instrument that Silver Point deems appropriate, including, but not limited to, bank debt, receivables and trade claims, and may provide financing, includingdirect lending, debtor-in-possession financing and bankruptcy exit financing, either directly or indirectly through investments in companies, including affiliates of Silver Point, providingsuch financing. In select circumstances, Silver Point may also pursue other attractive private investment opportunities.Silver Point's investment strategy with respect to the C & I Funds is to invest in commercial and industrial and commercial real estate loans, principally acquired from banks and other financial institutions. The majority of the loans are secured by hard assets (including commercial real estate). The C & I Fund III may operate property obtained through foreclosure or otherwise and seek to capture both current cash flow and future appreciation.