Strategic Value Partners

We are pleased to announce that funds managed by SVP have entered into an agreement to make a €200 million preferred equity investment in Bjelin Group, a leading veneer, flooring and furniture manufacturing business owned by the Pervan family.   The investment will facilitate Bjelin’s long-term growth ambitions of becoming a world leading sustainable wood flooring company.   Brian Himot, Head of Structured Capital at SVP, commented: “Over the past 30 years, Darko Pervan has built a leading IP licensing business and set the foundations to create a market leading industrial manufacturing business. We are delighted to be partnering with an entrepreneur of his standing at a key moment for the development of the manufacturing business. SVP has developed expertise in these types of partnership-oriented investments with founders and family offices. We look forward to working closely with the Pervan family to drive value for the business.” Please see the full press release here: https://lnkd.in/d2Q7UFJw

We are delighted to announce the completion of our acquisition of Revelyst, a collective of world-class maker brands, including Foresight Sports, Bushnell Golf, Fox, Bell, Giro, CamelBak, Bushnell, Simms Fishing and more. David Geenberg, SVP’s Head of North American Corporate Investments, said: “We are excited to partner with Eric [Nyman] and the rest of the Revelyst team to drive growth across the company’s diverse, category-defining brands and capture the immense opportunities ahead. We are strong believers in the strength of the Revelyst portfolio, along with the significant work underway to enhance the company’s platform and operations and drive innovation for customers. We will apply our operating resources and network to help unlock the full potential of Revelyst and propel it to new heights.” Read more: https://lnkd.in/eCRFwmn8

Thank you to each of the amazing panellists and attendees at the Kirkland & Ellis Stressed Credit Symposium in London today. Three panels addressing Credit Opportunities, Liability Management, and Latest Legal Trends. Kristin Le May (Strategic Value Partners), Akshay Shah (Kyma Capital), Mubashir Mukadam (Blantyre Capital Limited), Bill Ammons (AlbaCore Capital Group), Tom Campbell (PJT Partners), and Kirkland Partners Kate Stephenson, Sean Lacey, Charlotte Wheeler, Hannah Crawford, Theon Chalklen, Daniel Stathis and Dr. Christian Halasz.

We are pleased to announce that we have agreed to acquire Blanchardstown Centre, one of Ireland’s leading retail complexes in north-west Dublin. Covering 1.2 million square feet and housing over 180 shops and restaurants, Blanchardstown is well-positioned to continue serving as a premier retail hub for Dublin and beyond. "As a centrepiece in Dublin's retail sector, we're excited by the opportunities Blanchardstown Centre presents," said Mike Ungari, Global Head of Real Estate at SVP. "Our goal is to build on the facility's strengths, and we are committed to ensuring Blanchardstown continues to set the benchmark for retail and leisure excellence in the region." Read more here: https://lnkd.in/ghWJqkYM

In a recent episode of The Lending Lowdown, Brian Himot, Head of Structured Capital at Strategic Value Partners, joined CJ (Colm J) Doherty of LSEG Data & Analytics to discuss SVP’s structured capital business. Here are some key takeaways from the conversation:   ◾ Strategic Focus: SVP operates in the space between traditional direct lending and private equity, offering tailored solutions across cycles. Flexibility and complexity are at the heart of our approach. ◾ Deal Structures: From stretch senior unitranche to preferred equity, SVP crafts financing structures that adapt to the particular needs of businesses and their owners. ◾ Market Trends: While we have seen competition increase, especially in the U.S., Europe’s smaller, more inefficient market continues to present opportunities, especially for founder- and family-owned businesses. ◾ Sector Focus: SVP leverages deep expertise across corporate sectors, including industrials, packaging, building materials, healthcare and consumer, as well as hard assets (real estate, infrastructure, aviation and power). ◾ Outlook for 2025: Despite encouraging macro conditions, we believe underlying market stress will create ongoing opportunities for creative, solution-oriented financing—particularly with non-sponsored partners. For more, listen to the full conversation here: https://lnkd.in/esEWNbpi

SVP’s HJ Woltery recently sat down with Bloomberg Intelligence's Noel Hebert and Philip J. Brendel to discuss SVP’s investment approach and the restructuring landscape in Europe. Listen to their in-depth discussion on Bloomberg’s FICC Focus podcast here: https://lnkd.in/eWpUQU2W

Last night, SVP and EverGen Power brought together experts in the power generation and renewables space to discuss demand growth, grid reliability, market trends, and regulatory developments. We heard from Stephen Schaefer, a Senior Advisor at EverGen Power and Chairman of Talen, Sean Murdock, President of Starwood Infrastructure Finance, Jeff Pollard, Partner & Co-Head of Infrastructure, Power & Renewables at Solomon Partners, Thomas Seitz, Senior Partner at McKinsey, and SVP’s Ari Barz who moderated the panel. Thank you to our panelists for sharing their insights and to our guests for the lively discussion.

At SuperReturn International, our CIO & Founder Victor Khosla joined Simon Brewer for an episode of the The Money Maze Podcast. They discussed the evolution of the $5 trillion high yield market, the evolution of SVP and our investment approach, and the 800-lb gorilla in the current market environment. Watch the full conversation here: https://lnkd.in/eT9y8fd7

Thank you With Intelligence for hosting the Pension Bridge Private Equity Exclusive in Chicago last week. It was great to hear from all the speakers, including SVP’s Jonathan Waggoner who joined a panel discussing value creation in private equity.

This week SVP announced the sale of Portuguese toll road concession Auto-Estradas do Douro Litoral (“AEDL”) to Igneo Infrastructure Partners. As Alvaro Fabián, Managing Director at SVP, highlighted, "Douro has been a highly successful investment for us, allowing us to demonstrate all of the key pillars of our investment philosophy. We thank AEDL’s management team for their partnership over the years." Read the press release here: https://lnkd.in/dawk2CDD