The recipient of an MBA in finance from the Carroll School of Management at Boston College, Scott Bushley leverages more than 20 years of experience in the financial services sector to provide leadership and strategic direction for the Granite Point Capital, a hedge fund in Boston. Outside of his professional pursuits, Scott Bushley serves on the Board of Directors of the Cohasset Youth Baseball & Softball Association and has been a youth baseball coach for the past six years.
Youth sports coaches play an integral role in the enjoyment and skill development of young athletes. While winning is a desired outcome, a good youth coach helps his or her players cope with disappointment, learn from mistakes, and develop resilience. They should also be adept in teaching social and team skills and provide positive reinforcement.
While reinforcing good habits or plays is an important aspect of coaching at the youth level, coaches can still emphasize areas of improvement through effective feedback. An effective coach will start by identifying something positive before noting a particular skill that needs to be improved.
In addition, effective youth sports coaches should be patient and teach respectful behavior and good sportsmanship practices to their players.
Engaging as a partner with Boston-based Granite Point Capital, Scott Bushley guides the financial and operational activities of a hedge fund that provides diversified financial solutions. A fundamental approach of Scott Bushley’s firm is employing long-short investment strategies, with a focus on US companies that are mispriced in the markets.
Long-short funds are a specific type of hedge fund that focus on long positions in undervalued investments expected to increase in value. The invested equity is also employed as margin in opening a short position, which involves selling securities that are not owned.
The cash received from shorting the assets is placed into further long positions, such that the investment dollars at hand are leveraged. It also provides the fund manager with extra breadth in analyzing complex situations and tailoring approaches to exact market dynamics.
Another advantage of the long-short fund approach is that it is market neutral. Through selling and buying, the fund manager can avoid overexposure in volatile situations where upward and downward swings are common. Although this helps minimize risk for the investor, it can limit short-term returns to some extent.
Drawing on more than 20 years of investing experience, Scott Bushley functions as a partner with Granite Point Capital, where his responsibilities include counseling the firm’s managing partner on business operations, human resources, and office infrastructure. Scott Bushley has completed more than 25 running races and triathlons.
A relatively new international sport, the triathlon didn’t make its Olympic debut until the 2000 Sydney Games. Its roots can be traced back to the early 1970s, when the San Diego Track Club sought a less strenuous alternative to track training. The club organized a program that consisted of a 10K run, an 8K cycling segment, and a 500-meter swim, and soon thereafter, the triathlon began growing in popularity throughout the region.
The sport gained worldwide recognition in 1989, when the International Triathlon Union was founded and the first ever World Championships were held. The Olympic competition begins with a 1,500-meter swim and is followed by a 40K cycling segment and a 10K run. Simon Whitfield of Canada and Brigitte McMahon of Switzerland were the first-ever male and female gold medal winners, respectively, while Great Britain’s Alistair Brownlee is the only two-time Olympic champion, having won the gold medal in 2012 and 2016. Whitfield and Nicola Spirig of Switzerland are the only two others to win multiple medals.
After he graduated from Vanderbilt University in 1996 with a bachelor of arts in psychology, Scott Bushley entered the financial-services industry as a sales and operations assistant with Deutsche Bank Securities in San Francisco. He rapidly expanded his professional purview to become an analyst and senior executive before his enrollment in the Boston College Carroll School of Management. While studying for his master of business administration in finance, Scott Bushley secured employment as an analyst in the Alternative Investments Division of Atlantic Trust, which has since rebranded as CIBC Private Wealth Management.
From 2007 to 2018, Bushley operated in various capacities for BNY Mellon Investment Management in Boston, including as its vice president of strategic business development, director of global distribution operations, head of global institutional and Americas operations, and head of business operations. Bushley has overseen finance and business operations as a partner with Granite Point Capital since late 2018.