Strategic Value Partners

What Strategic Value Partners does

Strategic Value Partners (SVP) is a privately-held global alternative investment firm founded in 2001 by Victor Khosla, headquartered in Greenwich, Connecticut with offices in New York, London (since 2004), Tokyo, Dubai and Los Angeles. The firm manages approximately $22 billion in assets under management across two core closed-end strategies: Special Situations (distressed debt and restructurings in mid-market companies) and Capital Solutions (a broader mandate spanning event-driven, deep-value, mezzanine, rescue financings, structured equity and control private equity). SVP employs an integrated operating-partner model with dedicated North American and European Operating Teams, an in-house AI and Digital team, an in-house real estate asset management function, a dedicated Hybrid Solutions structured-capital team, and a global aviation platform, all co-located with investment professionals.

The firm's business model is built on (a) management fees charged on closed-end fund commitments, most recently anchored by Strategic Value Special Situations Fund V ($5B closed 2021) with Fund VI currently in market; (b) carried interest on successful realizations including the November 2025 $1.335B sale of OmniMax to Gibraltar at 8.4x effective EBITDA; (c) returns from control-equity and significant-influence positions across 18 portfolio businesses employing more than 90,000 people (Revelyst, APCOA Parking, IPC, Hornblower, Wheel Pros, GenOn, SH 130, Washington Prime Group, Associated Materials, Pfleiderer, Nordic Paper, Vita Group, PureField, Deucalion Aviation, Oxea/OQ Chemicals, Klöckner Pentaplast, Celsa, Bjelin); and (d) direct lending, PIK notes, preferred equity and rescue-financing income (e.g., €465M Uvesco term loan, €600M Celsa PIK notes, €200M Bjelin preferred equity). Approximately 40% of the portfolio is in Europe and the firm has built dedicated hard-asset platforms including a 1,800+ MW North American power generation footprint via the EverGen Power platform (Birdsboro Power, New Frontera Holdings, Carroll County Energy, Red Oak Power) and a real estate platform that has deployed more than $3.4 billion across U.S. and Europe since COVID.

SVP's go-to-market is bifurcated: institutional fundraising is handled by a co-headed Investor Relations function (Michael Hewett and Pete Lelek) with regional coverage in North America, Europe, Japan and the Middle East; deal sourcing is led by a co-headed global Sourcing & Trading team (Kevin Lydon and Greg Braylovskiy). Distribution to portfolio customers is handled by the operating businesses themselves (e.g., Wheel Pros serves 30,000+ retailers across North America, Australia and Europe; APCOA operates 1.8M+ parking spaces across 13 European countries; Revelyst's outdoor brands reach consumers globally). The firm's competitive position rests on 23+ years of distressed-investing track record, a first-mover European presence since 2004, a senior investment team averaging 20+ years of experience, and an Advisory Council of former senior bank executives, finance ministers and chairpersons.

Name

Strategic Value Partners

Legal name

Strategic Value Partners, LLC

Website

https://svpglobal.com

Company type

Private

Founded year

2001

Operating status

Operating

Headcount range

101–250 employees

Short description

Strategic Value Partners is a privately-held global alternative investment firm managing approximately $22 billion in AUM, focused on opportunistic credit and private equity across distressed debt, special situations, and hard assets (real estate, infrastructure, power, aviation) in North America and Europe, with control over 18 portfolio businesses employing 90,000+ people.

Ownership category

akta.pro rank

Product category

Alternative Investment Management

NAICS

Portfolio Management and Investment Advice (52394), Investment Banking and Securities Intermediation (523150), Other Investment Pools and Funds (5259), Funds, Trusts, and Other Financial Vehicles (525)

SIC

Investment Advice (6282), Short-Term Business Credit Institutions (6153), Real Estate Dealers (For Their Own Account) (6532), Services-Management Consulting Services (8742)

akta.pro primary industry

Special Situations / Opportunistic Credit Funds (FSANAKAB)

akta.pro secondary industries

Venture Debt Providers (FSANAAAL), Corporate Development & Strategic Partnerships Advisory (JVs, Alliances, Carve-outs) (BPAHAOAG), Capital Markets Advisory (Equity Placement, JV & Recapitalization) (BPAJABAL)

Keywords

• Distressed debt investing
• Special situations funds
• Private credit investing
• Alternative investment management
• Opportunistic credit strategies

Headquarters

HQ city

Greenwich

HQ country

United States

HQ region

North America

Offices6 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales

Revenue model

1. Asset Management Fees on Closed-End Funds: SVP charges management fees on closed-end vehicles such as Strategic Value Special Situations Funds (Fund V closed at $5B in 2021; Fund VI in market with $100M from Kentucky CERS, $250M from Connecticut Retirement Plans and Trust Funds, $50M from Ohio Police & Fire, $75M from Ohio School Employees Retirement System). Fees are charged on committed/invested capital across Special Situations and Capital Solutions strategies.
2. Carried Interest / Performance Fees: As a closed-end special situations and private equity manager, SVP earns performance-based carried interest on successful realizations (e.g., AEDL toll-road sale to Igneo, OmniMax sale to Gibraltar for $1.335B, IPC restructuring, Revelyst monetization).
3. Investment Income from Control and Significant-Influence Equity Positions: SVP realizes returns through full-control buyouts and majority/minority equity stakes (Revelyst $1.125B LBO, APCOA 100%, IPC 100%, Deucalion 100%, Associated Materials 100%, Celsa significant minority, OQ Chemicals/Oxea with Blantyre, Birdsboro Power full ownership, Carroll County 32%, New Frontera majority, Hudson House 829-unit JV). Income is generated through operational improvement, recapitalizations, refinancings and exits.
4. Financing Origination / Structuring Fees: Direct lending, structured capital, rescue financings, PIK and preferred-equity investments (e.g., €465M Uvesco senior secured term loan with Hayfin, €600M Celsa HoldCo PIK notes, €414M Celsa Poland refinancing, €200M Bjelin preferred equity, $50M Peapack-Gladstone preferred stock, $11.6M OceanFirst position) generate coupon/PIK income and structuring economics.
5. Real Estate Investment Income: Income from real estate equity and debt investments across U.S. and Europe, including Blanchardstown Centre (Dublin), Washington Prime Group (~90 retail properties), The Bluffs (Playa Vista), Ampersand (San Diego), Senator House (London), Hudson House (Jersey City), Aqua House (Manhattan), with $5B+ deployed since the global financial crisis.

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels8 records

Core offering

Strategic Value Partners is a global alternative investment firm that manages approximately $22 billion in assets under management across closed-end Special Situations and Capital Solutions funds, investing in distressed debt, event-driven opportunities, rescue financings, structured capital, and control private equity in mid-market companies across North America and Europe. The firm additionally invests in hard assets including real estate (~$3.4B deployed since COVID), power generation (1,800+ MW through EverGen Power), aviation (Deucalion, 180+ aircraft), and transportation infrastructure. SVP holds or has significant influence over 18 portfolio businesses employing over 90,000 people globally, and earns revenue through management fees, carried interest, and investment returns on equity and debt positions.

Product overview

Strategic Value Partners (SVP) is a global alternative investment firm focused on opportunistic credit and private equity opportunities in North America and Europe, managing approximately $22 billion in assets under management with a team of over 200 professionals across Greenwich, New York, London, Tokyo, and Dubai. SVP operates a platform-plus-modules architecture comprising two core closed-end investment strategies: the Special Situations strategy (distressed debt and restructurings in mid-market companies) and the Capital Solutions strategy (broader mandate spanning event-driven, mezzanine, rescue financings, and control private equity). Through these strategies, SVP holds or has significant influence over a portfolio of 18+ businesses employing over 90,000 people, including named portfolio companies such as Revelyst, APCOA Parking Holdings, Hornblower Group, IPC Systems, Deucalion Aviation, Wheel Pros, GenOn, SH 130 Concession Company, Associated Materials, Pfleiderer, Vita Group, PureField Ingredients, Washington Prime Group, Blanchardstown Centre, Nordic Paper, and Oxea. The firm also operates dedicated hard assets platforms in real estate (with a $3.4 billion+ deployment since COVID) and power generation (via the EverGen Power operating platform). Since inception, SVP has invested more than $57 billion of capital and has built operating teams across North American and European regions to drive operational transformation alongside financial restructurings.

Differentiator

Problem solved

Functional benefit

Brands

• Strategic Value Special Situations Fund: SVP's flagship closed-end fund series (Fund I launched 2008; Fund V closed $5B in 2021; Fund VI raising) focusing on distressed opportunities in North American and European mid-market companies.
• EverGen Power
• Strategic Value Bank Partners
• SVP Scholars

Products and services

• Special Situations Strategy A closed-end investment strategy focused on distressed opportunities in North American and European mid-market companies, targeting senior debt of fundamentally sound businesses that may be in financial distress with subsequent operational improvement. Deployed through the Strategic Value Special Situations Fund series (Fund I launched 2008 at $346M; Fund V closed at $5B in 2021; Fund VI currently in market with commitments from Kentucky CERS, Connecticut Retirement Plans, Ohio Police & Fire, and Ohio School Employees Retirement System).
• Capital Solutions Strategy A closed-end investment strategy with the broadest mandate of the SVP funds, with flexibility to invest across event-driven, deep value opportunities, private debt restructurings, mezzanine, rescue financings, structured equity, and control/significant influence private equity. Targets institutional limited partners seeking differentiated opportunistic credit returns.
• SVP Real Estate Platform A dedicated real estate investment platform led by Global Head of Real Estate Mike Ungari and Head of Real Estate Asset Management Danielle D'Ambrosio. Has deployed more than $3.4 billion since COVID across U.S. and Europe with a team of 16 professionals, and approximately $5 billion in distressed real estate since the global financial crisis across retail (Washington Prime Group, Blanchardstown Centre), office (The Bluffs, Senator House, Ampersand), and residential (Hudson House, Aqua House) sectors.
• EverGen Power A power generation acquisition and asset management platform formed and backed by SVP Funds in 2024, created to acquire and operate critical power infrastructure that supports delivery of reliable and safe energy, addressing increasing demand for power driven by electrification. Its leadership has a combined 75 years of experience in the power generation sector and manages SVP's North American power investments (Birdsboro Power 485 MW PA, New Frontera 530 MW TX, Carroll County Energy 700 MW OH, Red Oak Power 831 MW NJ) totaling over 1,800 MW of dispatchable gas-fired capacity.
• SVP Investor Portal A password-protected area of the SVP website that supports investor onboarding, subscription materials, account administration, and ongoing investor communications for Strategic Value Special Situations Funds and Capital Solutions vehicles. Vendor-managed account login credentials with secure authentication.
• Strategic Value Bank Partners An SVP-related fund manager that makes public equity and preferred stock investments in U.S. community and regional banks. Recent positions include a $50M preferred stock commitment to Peapack-Gladstone Financial Corporation, a $11.6M new position in OceanFirst Financial Corp. (627,333 shares), and an exited $6.16M stake in German American Bancorp.

Quantifiable outcome

• More than 90,000 employees across 18 portfolio companies under SVP control or significant influence
• +7 more outcomes

Named customers41 records

Segments7 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

AI capability8 records

Feature4 records

Partnerships

15 partnerships are on record, tiered minor, major and flagship.

• CIBC (advisor)minorImplementation/ SI/ Consulting Partner · 8 May 2026CIBC advised SVP and EverGen on the Birdsboro Power full-ownership transaction.
• Davis Polk & Wardwell LLP (advisor)minorImplementation/ SI/ Consulting Partner · 8 May 2026Davis Polk & Wardwell advised SVP and EverGen on the Birdsboro Power full-ownership transaction.
• Selecta Group BV (with Invesco, Man Group, Diameter Capital Partners)majorStrategic or Co-development Partner · 13 March 2026Cooperation agreement among majority bondholders (SVP, Invesco, Man Group, Diameter Capital Partners) to transfer control of Swiss vending machine company Selecta Group BV to a new entity, approved by a Dutch court; subject of an antitrust suit by minority creditors.
• Snapdragon Capital PartnersminorStrategic or Co-development Partner · 16 December 2025Snapdragon Capital Partners led the acquisition of Better Being Co. with financing from SVP-managed funds; HGGC exited its eight-year stake.
• Prosek Partners (recruiter of Aleka Bhutiani)minorImplementation/ SI/ Consulting Partner · 9 December 2025Aleka Bhutiani (named SVP Managing Director, Head of Communications and Brand) previously held senior roles at Prosek Partners in New York and London; SVP draws on financial-services communications expertise.
• Gibraltar Industries (Nasdaq: ROCK)flagshipStrategic or Co-development Partner · 17 November 2025Gibraltar agreed to acquire OmniMax International from SVP for $1.335B cash (announced Nov 2025, 8.4x effective EBITDA multiple with $35M run-rate synergies and ~$100M cash tax benefits).
• Lincoln Property CompanymajorStrategic or Co-development Partner · 1 September 2025Co-acquired the Ampersand creative office campus (346,396 sq ft, 350 Camino De La Reina, San Diego Mission Valley) with SVP; previously co-acquired The Bluffs in Playa Vista, CA.
• RXRmajorStrategic or Co-development Partner · 14 May 2025JV partner in the acquisition and recapitalization of Hudson House (829-unit luxury multifamily complex in Jersey City, NJ) alongside SVP, OneIM and Columbia Property Trust.
• Columbia Property TrustmajorStrategic or Co-development Partner · 14 May 2025JV partner in the acquisition and recapitalization of Hudson House (829-unit luxury multifamily complex in Jersey City, NJ) alongside SVP, OneIM and RXR.
• One Investment Management (OneIM)majorStrategic or Co-development Partner · 14 May 2025JV partner in the acquisition and recapitalization of Hudson House (829-unit luxury multifamily complex in Jersey City, NJ) alongside SVP, RXR and Columbia Property Trust.
• Blantyre CapitalmajorStrategic or Co-development Partner · 9 April 2025Co-acquired OQ Chemicals with SVP (April 2025); the global oxo chemicals producer will revert to its former name OXEA. Blantyre is a co-investor/operating partner in this control transaction.
• Bjelin GroupmajorStrategic or Co-development Partner · 14 January 2025SVP invested €200M in January 2025 (preferred equity) to facilitate Bjelin Group's long-term growth ambitions.
• Czechoslovak Group (CSG)majorStrategic or Co-development Partner · 6 January 2025CSG agreed to acquire Vista Outdoor's ammunition business (The Kinetic Group) for $2.23B as a simultaneous transaction to SVP's $1.125B take-private of Revelyst; both transactions were part of Vista Outdoor's split-up plan.
• Revelyst (acquired from Vista Outdoor)flagshipStrategic or Co-development Partner · 3 January 2025SVP completed the $1.125B all-cash take-private of Revelyst (outdoor brands collection under Vista Outdoor including Foresight Sports, Bushnell Golf, Fox, Bell, Giro, CamelBak, Bushnell, Simms Fishing, Camp Chef) on January 3, 2025.
• EverGen PowerflagshipStrategic or Co-development Partner · 1 June 2024EverGen Power is a power generation acquisition and asset management platform formed and backed by SVP Funds in 2024 to acquire and operate critical power infrastructure across North America. The partnership operates SVP's power assets (Birdsboro Power 485 MW in PA, New Frontera 530 MW in Mission TX, Carroll County Energy 700 MW in OH, Red Oak Power 831 MW in NJ) with combined 75 years of leadership experience.

Scale indicators15 records

Recent moves10 records

Expansion highlights6 records

Market position

Competitive moat7 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/strategic-value-partners-llc

Compliance6 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles24 records

Subsidiaries24 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A13 records

Investments14 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Strategic Value Partners