Oak Harbor Capital’s management team includes three Managers (William S. Weinstein, Michael Basile, and Peter J. Fitzpatrick). The team has an outstanding track record and a long history of certain of its members working together, both at Oak Harbor and earlier at a predecessor firm founded by the Principal, B-Line, LLC (“B-Line”).

William S. Weinstein is the President and CEO of Oak Harbor Capital. Mr. Weinstein has practiced in the bankruptcy and creditor rights arena for 35 years. He is the Founder and Chief Executive Officer of Oak Harbor Capital and the Co-Founder and a member of the Legal Services Provider. Mr. Weinstein started the Legal Services Provider in 1985 and it is now among the largest law firms focusing on creditor rights and bankruptcy in the United States. In 1997, he founded B-Line, one of the largest companies in the United States to purchase and service consumer finance related bankruptcy receivables. Under Mr. Weinstein’s direction, B-Line deployed many hundreds of millions of dollars to acquire receivables that totaled over $46 billion in face value of debt. Between B‐Line and the Legal Services Provider, approximately 40 million separate distressed debt accounts were purchased or serviced from 1997 to 2006. B‐Line was sold in September 2006.

Following the sale of B-Line, Mr. Weinstein launched Oak Harbor Capital, LLC and this investment management firm has become one of the largest buyers of distressed consumer debt in the United States.

Mr. Weinstein has been an industry leader in developing predictive modeling, statistical and quantitative analysis, and pricing strategies for multiple classes of receivables. He is an honors graduate of Stanford University and Boston University School of Law. He has lectured extensively on bankruptcy, creditor rights, commercial litigation and regulatory and compliance issues in the United States and Canada.

Michael L. Basile is the Chief Financial Officer of Oak Harbor Capital with over 15 years of experience in the receivables management industry, including his former roles of CFO and Chief Investment Officer at B-Line, LLC and management or consulting roles in multiple other consumer finance and distressed debt companies.  Prior management experience also included 5 years with Ernst & Young, LLP (specializing in the securities industry, auditing hedge funds, mutual funds, and fund-of-fund clients) and 4 years as Controller of the HealthPro division of CNA Financial.

Mr. Basile holds both the Certified Public Accountant and Charted Global Management Accountant designations.  He earned his Bachelor of Science in Accounting from the University of Illinois and his Masters of Finance from Illinois Institute of Technology.

Peter J. Fitzpatrick is the General Counsel and Chief Compliance Officer of Oak Harbor Capital. Mr. Fitzpatrick has practiced law for over 30 years. Prior to joining Oak Harbor Capital, he was a partner at K&L Gates LLP, where he served as Oak Harbor Capital’s longstanding outside legal counsel. Prior to commencing his legal career, Mr. Fitzpatrick was a lending officer at The Chase Manhattan Bank where he completed the Chase Credit Training Program with distinction. He also served as the Assistant to the Director of Labor Relations at Citibank, N.A. He graduated with honors from Harvard College and earned his law degree at Fordham Law School.

Mr. Fitzpatrick was very involved in the early development of the secondary market for distressed debt and helped pioneer some of the original legal documentation used in the trading of distressed debt when the industry was in its nascent stage.