McIntire School Advisory Board

Phillip S. Schaeffer

Phillip Schaeffer has been active in the U.S. distressed credits market for over 17 years. From 1991 through March 1999, he managed proprietary and client funds in distressed credits in New York at Robert Fleming Inc., the London-based merchant banking firm. By 1998, funds under his management exceeded $150 million. Fleming's helped Mr. Schaeffer go independent in April 1999, and he formed Scott's Cove Capital Management LLC. Scott’s Cove manages a domestic fund, Scott’s Cove Special Credits Fund I, L.P., and an offshore fund, Scott’s Cove Special Credits Offshore Fund I Limited.

Prior to joining Fleming's, Mr. Schaeffer co-founded Amroc Investments, which invested in distressed securities. He was Co-Director of the Bankruptcy Department at Cowen & Co., a New York-based investment firm, and was a Senior Analyst at R.D. Smith & Co., a New York brokerage firm specializing in distressed credits.

From 1981 to 1986, Mr. Schaeffer was with The Taubman Company in Bloomfield Hills, Mich. He was initially Assistant to the Chairman, A. Alfred Taubman, and later, Vice President of Taubman Investment Company, where he was involved in acquisition analysis. After the acquisition of A & W Restaurants Inc., which was an operational turnaround opportunity, he became its CFO.

Mr. Schaeffer is a graduate of the Harvard Business School (M.B.A. 1981) and the University of Virginia (B.S. 1977). He is a certified public accountant and was a Senior Tax Consultant in the Tax Department of Arthur Andersen & Co., in Washington, D.C., prior to attending Harvard.
 

McIntire School of Commerce Foundation Board of Trustees

McIntire School of Commerce Advisory Board

McIntire Cornerstone Society Board

McIntire Young Alumni Council

Resources for Current McIntire Faculty