The Coming Crisis in Japan

Myron Scholes Global Markets Forum

March 6, 2013, 5:30–7 p.m., Gleacher Center

Kyle Bass, founder and principal of Hayman Capital Management LP described why he sees a looming economic crisis for Japan. Bass has previously predicted and profited from the collapse of the subprime real estate market and the rise in precious metals starting in 2009.

This event was part of the Initiative on Global Markets (IGM) and was generously sponsored by Myron Scholes.

The IGM also receives financial support from our corporate partner, AQR Capital Management.

Speaker Profiles

J. Kyle Bass is the principal of Hayman Capital Management LP. Hayman Capital Management, formed in December 2005, serves as the investment manager to private funds focused on global event-driven, residential mortgage-backed securities and asymmetrically priced “tail” opportunities. Previously, Bass comanaged the private funds with strategies focused on subprime credit.

Bass is a member of the board of directors of the University of Texas Investment Management Co. (UTIMCO), which has aggregate assets of over $26 billion. Bass is a founding member of the Serengeti Asset Management Advisory Board and serves on the board of directors of the Troops First Foundation, Business Executives for National Security, and Texas Ranger Association Foundation. In addition, Bass is a member of the Advisory Group for the Center of Asset Management at the Darden School of Business and the Advisory Council of the Comeback America Initiative, which is dedicated to promoting fiscal responsibility and sustainability. Bass has testified as an expert witness before the US House of Representatives, US Senate, and Financial Crisis Inquiry Commission.

Prior to forming Hayman Capital Management, Bass worked as a managing director at Legg Mason Inc. and a senior managing director at Bear, Stearns & Co. Inc. Bass graduated with a bachelor of business administration in finance and real estate finance from Texas Christian University in May 1992.