Strategic Value Partners, Llc
- Regulatory AUM
- $25.6B
- Discretionary
- $25.6B
- Clients
- 62
- Avg AUM / client
- $413M
- Accounts
- 62
- Employees
- 226
AUM over time
Annual snapshots from Form ADV filings · as of Jun 08, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Pooled investment vehicles (non-investment companies) | 62 | $25.6B | 100.0% |
Private funds (14)
Reported in Form ADV Section 7.B.(1), filing of Nov 2024 · $21.0B combined gross assets
People (5)
| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Khosla, Victor, Sanjay | Chief Executive Officer | Apr 2002 (24y) | ≈ 14.06% – 50% via Milestone Holding Company, Llc | |
| Kelly, Edward, Charles | Chief Operating Officer | Feb 2006 (21y) | Less than 5% | |
| Brecher, Gabriel, Mark | General Counsel/ Chief Compliance Officer | May 2023 (3y) | Less than 5% | |
| Schwartz, Lewis, Benjamin | Chief Financial Officer | May 2023 (3y) | Less than 5% | |
| Schwartz, Michael, Adam | Chief Legal Officer | May 2023 (3y) | Less than 5% |
Entity owners (Schedule A/B)
| Entity | Title / status | Since | Sch. | Ownership |
|---|---|---|---|---|
| Midwood, Lp | Member | Nov 2005 | A | 75% or more |
| Midwood Holdings, Llc | Sole Managing Member | Nov 2005 | A | Less than 5% |
| Milestone Holding Company, Llc | Limited Partner | Oct 2021 | B | ≈ 56.25% – 100% via Midwood, Lp |
| Gail C. Khosla 2020 Descendants Trust | Member | May 2022 | B | ≈ 14.06% – 50% via Milestone Holding Company, Llc |
| Victor S. Khosla 2020 Descendants Trust | Member | May 2022 | B | ≈ 14.06% – 50% via Milestone Holding Company, Llc |
| Midwood Holdings, Llc | General Partner | Nov 2005 | B | GP / trustee / elected manager of Midwood, Lp (indirect) |
| J.P. Morgan Trust Company Of Delaware | Trustee | Jun 2020 | B | GP / trustee / elected manager of Victor S. Khosla 2020 Descendants Trust (indirect) |
Undisclosed: 0% – 25% of the firm is not attributable from the filed Schedule A bands.
Estimated effective ownership (look-through of filed bands):
- Khosla, Victor, Sanjay: 25% – 50% of Milestone Holding Company, Llc × 75% – 100% of Midwood, Lp × 75% – 100% direct ≈ 14.06% – 50% of the firm
- Milestone Holding Company, Llc: 75% – 100% of Midwood, Lp × 75% – 100% direct ≈ 56.25% – 100% of the firm
- Gail C. Khosla 2020 Descendants Trust: 25% – 50% of Milestone Holding Company, Llc × 75% – 100% of Midwood, Lp × 75% – 100% direct ≈ 14.06% – 50% of the firm
- Victor S. Khosla 2020 Descendants Trust: 25% – 50% of Milestone Holding Company, Llc × 75% – 100% of Midwood, Lp × 75% – 100% direct ≈ 14.06% – 50% of the firm
Roster from the IAPD representatives feed; ownership and acquisition dates from Form ADV Schedule A/B. "Since" is the earliest filed registration or acquisition date.
Private funds (14, $21.0B gross assets)
From Form ADV Section 7.B private fund reporting.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 06/08/2026 | 9.8 MB | View · PDF · Source ↗ |
Archived copies of the firm's regulatory filings, versioned by content hash.
Disciplinary disclosures
No disciplinary events reported on the firm's latest Form ADV filing.
How they charge
- • Percentage of assets under management
- • Performance-based fees
Services
- • Portfolio management for pooled investment vehicles
- • Portfolio management for businesses/institutional clients
Custody
Reported custodians
- Morgan Stanley $71.0M (1% of AUM) Nov 2020
- State Street $452K (0% of AUM) Mar 2019
Amounts as reported in ADV Item 5.K.(3) (custodians holding 10%+ of SMA assets).
Firm reports having custody of client funds or securities (Item 9.A).
Source
All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: Jun 08, 2026.
View current Form ADV (SEC/IAPD) ↗