Strategic Value Partners, LLC (“SVP”), established in the state of Delaware in 2001, is a privately
held firm specializing in alternative investments. SVP provides investment management services
to pooled investment vehicles (“Client Funds”). SVP may in the future advise separately managed
accounts on a discretionary basis (collectively with the Client Funds, and each beneficial owner
of a separately managed account, the “Clients”).
SVP is headquartered in Greenwich, Connecticut. Mr. Victor Khosla is a founder and is the sole
member of Midwood Holdings, LLC, which is the sole managing member of SVP. Victor Khosla
also controls Midwood, LP, which is a member and the majority owner of SVP.
SVP’s investment strategies are generally focused on investing assets globally (although primarily
focused in the United States and Europe) in a broad range of stressed, distressed and undervalued
financial and other assets, including, but not limited to distressed bank debt and bonds, other
distressed loans (including mezzanine debt), par and non-par high yield securities, trade claims,
liquid and illiquid distressed assets (including “hard” assets such as real estate and aviation),
reorganization equities, derivative instruments (primarily credit related, including credit default
swaps and total return swaps) and other instruments and assets.
SVP’s investment management activities are conducted in accordance with each respective Client
Funds’ confidential private offering memorandum and/or confidential explanatory memorandum
and other governing documents,
as applicable (the “Offering Documents”). If in the future SPV
advises separately managed account clients, investment management services will be provided
pursuant to the terms and conditions of the investment management agreement and/or other
agreement entered into by and between the parties.
SVP does not tailor its advisory services to the needs of any underlying investor in a Client Fund.
Since we do not provide individualized advice to the Client Funds’ investors, such investors are
encouraged to consider whether the investment objectives of the Client Funds are in accordance
with their individual objectives and risk tolerance prior to investing. Information about the Client
Funds, including their investment objectives and strategies, are set forth in their respective
Offering Documents.
Clients and/or investors may impose restrictions and/or limitations on SVP’s management of such
Client. These restrictions and/or limitations are set forth in the applicable Client Fund’s Offering
Documents, the investment management agreement between the Client and the Firm or side letters
or other similar agreements. Disclosure regarding services, fees, investor suitability standards and
other specific terms applicable to a Client Fund are described in such Client Fund’s Offering
Documents.
The terms of individual managed accounts that SVP may advise in the future will be negotiated
individually with the applicable Client.
As of December 31, 2022, SVP managed $17,609,458,426 of Client assets, all of which are being
managed on a discretionary basis.