# Osprey Money Management

Osprey Money Management is an Asset Manager based in Titusville, United States.

## Overview

- **Organization type:** Asset Manager
- **Headquarters:** Titusville, United States
- **Region:** North America
- **Address:** Rye Brook, NY, United States
- **Founded:** 1994
- **Assets under management:** Undisclosed
- **Website:** ospreymm.com

## Regulatory record

- **CRD number:** 135497
- **Registration status:** Registered
- **Reports private funds:** No
- **IAPD record:** https://adviserinfo.sec.gov/firm/summary/135497

## About

OSPREY MONEY MANAGEMENT, LLC is a state-registered investment adviser in TITUSVILLE, FL. It has 2 employees and 1 investment adviser. The firm is based in Florida.

## Sectors

- Hedge Funds

## People

- John P. Spillane — Chief Investment Officer

## Questions

### Who is responsible for investment decisions at Osprey Money Management?

John P. Spillane serves as Chief Investment Officer and is the principal decision-maker for the firm's convertible arbitrage portfolio. He founded the firm in 1994 and remains the sole recognized investment lead. There is no disclosed investment committee or deputy CIO structure, making this a classic key-person manager.

### What is Osprey's core investment strategy?

Osprey runs a dedicated convertible arbitrage strategy. The firm buys convertible bonds it considers undervalued relative to the company's underlying equity and credit quality, then hedges the equity exposure to isolate the cheapness of the convertible's embedded option and yield components. This market-neutral approach targets returns from security-specific mispricing rather than directional equity or credit market moves.

### How does Osprey Money Management source its investment ideas?

Osprey identifies ideas through deep fundamental credit analysis, often focusing on mid-cap issuers where convertible securities receive less sell-side research coverage. The firm screens for convertibles trading with low implied volatility relative to the issuer's fundamental credit risk and historical equity volatility, exploiting the liquidity and coverage gaps that larger arbitrage desks cannot easily access without moving prices.

### Does Osprey manage multiple funds or just a single vehicle?

Osprey operates predominantly as a single-fund structure centered on its convertible arbitrage strategy. The firm has not launched additional funds targeting other strategies, asset classes, or geographies — an intentional decision to stay capacity-constrained and avoid the style drift that can accompany product proliferation.

### What investment stages and sectors does Osprey focus on?

Osprey invests across the capital structure of publicly traded companies, focusing on the convertible bonds issued at various points in a firm's lifecycle. The strategy is sector-agnostic, participating across industries from technology to industrials where convertible issuance is prevalent. It does not make private investments, venture-stage commitments, or pure equity purchases outside the hedging book.

### What is Osprey's known posture on co-investments and side pockets?

Osprey does not participate in co-investments alongside external general partners, nor does it maintain side-pocket structures for illiquid positions. The convertible arbitrage strategy is executed entirely within the liquid, marked-to-market portfolio of the main fund, using publicly traded convertible bonds, equities, and listed options.

## Related profiles

- [Summit Creek Advisors](https://altss.com/profile/summit-creek-advisors)
- [Akram M. Omari, CPA](https://altss.com/profile/akram-m-omari-cpa)

---

Last updated: 2026-06-03T20:00:00.000Z

Canonical page: https://altss.com/profile/osprey-money-management-llc

Maintained by Altss — https://altss.com — methodology: https://altss.com/methodology