We deliver tangible results through strategic planning, team building and development, and intensive change management. David lives in Dallas, Texas. According to the Khosla, overall cash flows for companies backed by Strategic Value are up by more than 29 percent in 2020 compared to 2019. It’s not trading oriented like ’09. “It’s a once in 10-year, once in 15-year opportunity in distressed. Strategic Value Partners is a hedge fund with 41 clients and discretionary assets under management (AUM) of $8,808,102,904 (Form ADV from 2020-05-14). Among other investments, the firm also invested in Swissport, an airport services company in Europe. “We were able to go on the offensive right off the bat.”, This content is from: The asset manager also wants to be ready to invest early in the distressed cycle, not later. After 20 years of top flight consulting and executive experience across the world we decided to to alter direction. David graduated from Vanderbilt University with Bachelors of Arts in Political Science and Spanish, and he successfully defended his honors thesis on the U.S. automotive industry. Strategic Value Partners is based out of Greenwich. Nagaswami will help continue to build out marketing and non-investment infrastructure as the firm has grown from 34 to 51 investment professionals and 120 people overall. Strategic Value Partners is a management consulting firm. Strategic Value Partners is a management consulting firm. During his time at Bain, David specialized in the design and execution of restructuring programs for public and private companies in the US and abroad. The firm has been investing in old economy businesses, such as power generation and taking control of toll roads through restructurings. They operate 10 private funds and have approximately $6.76 billion in total assets under management (AUM). We serve the Boards, Chief Executive Officers, Chief Financial Officers, Chief Strategy Officers, General Counsels, and Business Unit Heads of public and private companies in six industries: We also serve private equity and other investment firms. Our extraordinary clients are headquartered or operate in cities such as Atlanta, Austin, Baltimore, Beijing, Boston, Charlotte, Chicago, Columbus, Dallas, Denver, Detroit, Dubai, Fort Worth, Hong Kong, Houston, London, Los Angeles, Mexico City, Miami, Minneapolis-St. Paul, New York, Omaha, Paris, Philadelphia, Phoenix, Pittsburgh, Portland, Riyadh, San Antonio, San Francisco, San Jose, São Paulo, Seattle, Seoul, Shanghai, Stamford, Toronto, and Tokyo. After closing on a $1.7 billion distressed fund in four months, private equity and distressed firm Strategic Value Partners is deploying the money and expanding its team. Strategic Value Partners LLC operates as an investment management firm. It’s broader and with other asset classes like lodging and airplanes involved. Explore our Investment Platform. “The recession has fired the starting gun on a big new distressed cycle,” Khosla said. +. Last week, Strategic Value took control of Omnimax, a building products company. In addition, Sarah Pillmore, former chief human resources officer at Hirtle Callaghan, will join the firm in early 2021 as head of human resources and talent. After ‘Starvation’ Comes the Best Distressed Cycle in a Decade, Says Strategic Value Partners. You can view more information on Strategic Value Partners including private fund info, contact info, top management and executives, website, email addresses, and more below: She is now on the Curtis Institute investment committee. In every case, we strive to create exponential returns for our clients while proactively managing strategic, operating, and financial risks. Founded in 2001, SVPGlobal today manages about $10 billion of capital in open and closed-end investment vehicles. Strategy consulting, turnarounds, mergers, acquisitions, divestitures, spin-offs, joint ventures, and strategic alliances are at the core of our service offerings. We empower your team and give them the tools they need to succeed. Premium. Strategy consulting and intensive change management for turnarounds, mergers, acquisitions, divestitures, spin-offs, joint ventures, and strategic alliances are at the core of our service offerings. David is a former Bain & Company consultant and operating executive who has developed, implemented, and evolved 75+ operating and business plans – primarily in highly-regulated industries such as aerospace and defense, automotive, healthcare, natural resource, retail, and TMT. Prior to SVP, David served as a Director at Water Street Partners and led clients through structuring, launching, managing, and exiting joint ventures around the globe. Khosla characterized the last five years in distressed as the “starvation years.” Although he declined to comment on performance, all four of the firm’s special situations funds are in the top quartile ranked by internal rate of return and multiple of invested capital, according to documents from Cambridge Associates. The new hires include two former Hirtle Callaghan executives. Communication is central to our work, and we integrate communications into strategies and plans from our first day on the job. If you're happy with cookies click proceed. Are you a former investment banking or private equity analyst/associate with strategy, turnaround, or M&A expertise? Strategic Value Partners, which also has dry powder in its restructuring fund and special situations fund, has invested about $2.8 billion over the last six months. The Company offers portfolio management, financial planning, and investment advisory services. What to Do When You’re a Distressed-Asset Investor (and Nothing’s in Distress), Distressed Specialist SVP Pivots From Selling to Buying, Modern Slavery Act Transparency Statement. “SVP's record extends through cycles, and includes outperformance and gapping the competition in a five-to-seven year period when distressed investing was on its back,” Nagaswami said when asked why she took the job. Strategic Value Partners. Nagaswami was previously the chief investment advisor to Mayor Michael Bloomberg and the City of New York. All rights reserved. We create bespoke insights that allow you to create value from today's complexities. “We’ve had a good crisis,” the CIO added. Click here to view our Privacy Policy and Terms of Service.© 2018-20 Strategic Value Partners, LLC. Strategic Value Partners is a management consulting firm. David founded SVP to deliver tangible results to extraordinary clients through strategic planning, team building and development, operational excellence, complex commercial agreements, M&A, and highly-structured change management processes and procedures. Strategic Value Partners now holds majority equity positions in nine companies, with a combined 15,000 employees. Strategic Value Partners, which also has dry powder in its restructuring fund and special situations fund, has invested about $2.8 billion over the last six months. We’ve done well in the last 10 years, and even over the last five to seven years when the distressed opportunity has been more muted.”. Ranji Nagaswami, the outsourced investment management firm’s former CEO, is joining Strategic Value as chief strategy officer and chief commercial officer, overseeing the firm’s ESG committee and infrastructure, including people, systems, and technology. And it’s not just busted LBOs. Are you a former operating executive interested in strategy, turnaround, M&A, or change management expertise? Nagaswami has served the Yale University investment committee and the UAW VEBA’s investment advisory council. His three children are great negotiators and future dealmakers. Our passion is your success. Contact us here to discuss the full range of opportunities. Homepage. Are you a former Bain & Company, Boston Consulting Group (BCG), McKinsey & Company, or Alix Partners consultant with strategy, turnaround, M&A, or change management expertise? Khosla said big city hotels are less interesting than extended-stay properties, because of the decline in business travel. Strategic Value sees its core opportunity in U.S. and European high-yield and leveraged loans. “None of our companies needed any money, no default situations, or even close.”. “That means we weren’t worrying defensively,” Khosla added. Management consulting for extraordinary clients ℠. Strategy consulting and intensive change management for turnarounds, mergers, acquisitions, divestitures, joint ventures, and strategic alliances are at the core of our service offerings. [II Deep Dive: What to Do When You’re a Distressed-Asset Investor (and Nothing’s in Distress)]. Their last reported 13F filing for Q2 2020 included $95,065,000 in managed 13F securities and a top 10 holdings concentration of 100.0%. Our work frequently takes us to remote locations as well. Contact us here for information on jobs. After raising a $1.7 billion distressed fund, the asset manager is expanding its executive ranks. Earlier in his career, David headed up corporate development at a disruptive medical diagnostics, data, and analytics company and served in progressive strategic planning, financial planning, treasury, and investor relations roles in the media industry. Both executives will work on diversity and inclusion and join Strategic Value’s 16-person management council. He has also managed a strategic marketing team in China and lived on 5 continents. In addition, it’s eying investments in airplanes and hotels and lodging, but largely staying away from oil and gas assets. +. CHECK US OUT: LINKEDIN | FACEBOOK | TWITTER | CONTACT US | SITEMAP. Contact us here for information on jobs. “But this team has delivered.”. We provide strategic advisory and professional resourcing to a wide variety of New Zealand privately held and corporate businesses to ensure successful strategic delivery and value creation; Support our clients on a shared risk, team basis Develop long term trusted business relationships. Victor Khosla, the $9.8 billion firm’s founder and chief investment officer, said Nagaswami’s hiring was spurred by the firm doubling in size since 2016, as well as building direct sourcing capabilities and operational teams to fix companies that have gone into bankruptcy. “We’ve done well in the last 10 years, but in the last four to five years, it’s been a really tough business,” Khosla said. Strategic Value Partners is a hedge fund company based in Greenwich, CT. Today, a large restructuring is $3 billion to $5 billion, rather than, say, the Lehman bankruptcy, and requires sourcing and operating skills to fix businesses.