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Tuesday, 24 January 2017
Last updated 21 min ago
Nov 19 2010 | 9:34am ET
Conn.-based distressed debt specialist Strategic Value Partners (SVP) has appointed Jeffrey M. Peek as chairman of its U.S. Advisory Board.
Peeks will provide strategic counsel to the investment firm, which has $3.5 billion in assets under management, to enhance SVP’s global origination capabilities and assist in business development. He will work closely with Dr. Bernd Farholz, former Dresdner Bank chair and CEO, who serves as chairman of SVP’s European Advisory Board.
Peek, now serving as vice chairman at Barclays Capital, has more than 30 years’ experience in the financial services industry, including as chair and CEO of CIT Group and vice chair of Credit Suisse First Boston, and nearly two decades at Merrill Lynch.
Strategic Value Partners specializes in distressed debt, restructurings and turnarounds in the U.S. and Europe. The firm employs 130 professionals across its offices in Greenwich, Connecticut; London; Frankfurt and Tokyo.