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Strategic Value Partners
Victor Khosla's SVP manages $22B+ across distressed credit, private equity, and hard assets from offices in Greenwich, New York, London, and Tokyo.
Strategic Value Partners
Victor Khosla founded Strategic Value Partners to invest in complexity, building a platform that now spans opportunistic credit, special situations private equity, and hard assets including real estate, infrastructure, airplanes, and power plants. The firm operates from four offices — Greenwich, New York, London, and Tokyo — with a team of over 200 professionals. SVP's investment strategy is designed to pivot capital across its different disciplines as the opportunity set shifts. The firm deploys capital through private debt, event-driven transactions, and direct equity, concentrating primarily in North America and Europe. Confirmed portfolio holdings include the 485MW Birdsboro Power natural gas facility in Pennsylvania and the 530-megawatt Frontera natural gas facility. The firm reports a cumulative $53+ billion invested since inception. The firm's posture is built on operational engagement. SVP exercises control or significant influence over 18 businesses, which collectively employ more than 90,000 people. Its real-asset portfolio complements the credit platform, placing the firm at the intersection of financial restructuring and hands-on asset management. Where many alternative managers specialize, SVP's structural differentiator is portfolio-wide cyclical flexibility — a mandate that allows the firm to redirect capital from distressed debt into hard-asset equity as the cycle turns. This architecture is supported by a global team and a two-decade track record of investing in complex, typically out-of-favor situations.
General information
Firm type
Generalist
Year founded
—
AUM
$22+ billion (per the firm)
Location
Region
North America
Country
United States
City
Greenwich
Corporate office
100 West Putnam Avenue, Greenwich, CT 06830, United States
Additional offices
New York, NY · London, United Kingdom · Tokyo, Japan
Principals
Victor Khosla
Founder
Sector focus
Frequently asked questions
Who runs investment decisions at Strategic Value Partners?
Victor Khosla, the firm's founder, leads the investment platform. The firm emphasizes a centralized, cycle-tested approach to capital allocation, supported by portfolio managers and operational teams across its four offices.
How does SVP source its deal flow?
SVP uses a combination of direct sourcing, financial expertise, and operational capabilities to uncover and unlock value in complex situations. Its long-standing presence in both North America and Europe provides a broad origination network that feeds the pipeline across credit, private equity, and hard assets.
Is Strategic Value Partners a distressed-debt fund or a generalist alternative manager?
The firm describes itself as a global investment firm focused on opportunistic credit and private equity opportunities. While the firm has roots in distressed investing, the platform now invests across private debt, event-driven transactions, hard assets, and special situations private equity.
What hard assets does SVP own?
The firm's hard-asset portfolio includes real estate, infrastructure, airplanes, and power plants. Specific disclosed holdings include the 485MW Birdsboro Power facility and the 530-megawatt Frontera natural gas facility, both in the United States.
Does SVP co-invest alongside external general partners?
The firm's public materials do not explicitly describe a dedicated co-investment program alongside external GPs. The platform's structure suggests a model of direct, controlled investments rather than a fund-of-funds or club-deal approach.
How does SVP's flexible mandate work in practice?
SVP positions itself to perform throughout the cycle by pivoting capital deployment across its strategies — private credit, event-driven transactions, hard assets, and special situations equity — as the opportunity set shifts. This architecture is designed to avoid being locked into any single market environment.
Where are SVP's offices located and why?
The firm operates from Greenwich (headquarters), New York, London, and Tokyo. This footprint reflects a focus on North America and Europe as primary investment markets, with a longstanding European presence that differentiates SVP from many U.S.-centric peers.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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