SVPGlobal Closes Special Situations Fund at $5B Hard Cap
Strategic Value Partners, LLC and its affiliates (SVPGlobal), a global investment firm focused on distressed debt, event-driven investments, special situations and private equity opportunities, recently closed Strategic Value Special Situations Fund V at its hard cap of $5 billion.
Like its predecessors, SVSS V is focused on restructurings, event-driven investments, special situations and trading-oriented opportunities in North America and Europe. It already has made or announced investments in the basic industrial, aviation and real estate sectors.
Victor Khosla, founder and CIO of SVPGlobal, said: “This successful and expeditious closing of our fifth special situations fund validates the consistency of our approach and our proven record of generating strong returns across market cycles,”
Recent investments by the Greenwich, CT-based firm in debt-to-equity restructurings include: Swissport International, the world’s second largest air cargo company; OmniMax International, the leading U.S. manufacturer of residential roof drainage products; and Washington Prime Group, a retail REIT.
Pictured: Washington Prime Group’s Forest Plaza in Rockford, IL.
Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces.
Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications.
Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).
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