#164: Steve Loukas (Obsidian/FrontFour Capital) - Hedge Funds, Restructuring Obsidian & Opportunities Going Forward



This episode, we are joined by  Mr. Steve Loukas -  CEO of Obsidian Energy - a TSX listed energy company with a market cap of approximately $750 million, and partner at FrontFour Capital Group - a value-based investment management firm.

Stephen Loukas was appointed Interim President and Chief Executive Officer of Obsidian Energy Ltd. effective December 5, 2019 and elected to the Board of Directors following the 2018 Annual and Special Meeting.

Mr. Loukas has vast experience in corporate transactions, capital markets and leadership. He is a partner, managing member, and portfolio manager at FrontFour Capital Group LLC, a value-based investment management firm.

Mr. Loukas held roles including Director at Credit Suisse Securities where he was a Portfolio Manager and Head of Investment Research of the Multi-Product Event Proprietary Trading Group, and at Pirate Capital where he was a senior investment analyst.

Mr. Loukas has also worked within the Corporate Finance & Distribution Group of Scotia Capital where he focused on the structuring and syndication of leveraged loans and high yield debt.

Mr. Loukas started his career at restructuring firm Zolfo Cooper where he assisted corporate clients in the development and implementation of operational and financial restructuring plans.

Mr. Loukas  is a trustee of Cominar Real Estate Investment Trust, and received a B.A. in Finance and Accounting from New York University.

Among other things, we discussed hedge fund strategies, restructuring Obsidian & the opportunities going forward.


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