Strategic Value Partners, LLC ("SVP") is a private, independent alternative investment firm founded in 2001 by Victor Khosla and headquartered at 100 West Putnam Avenue, Greenwich, Connecticut. It also maintains offices in London (open since 2004), New York, Tokyo, and Dubai. SVP is privately held, not publicly traded, and reports over 200 employees, including more than 100 investment professionals, with roughly $22 billion in assets under management and more than $60 billion invested since inception (company website; Mergr; Milken Institute speaker bio).
Operations. SVP is a global opportunistic credit and special-situations investor, deploying capital into distressed debt, private equity, and financing opportunities, and using operating partners to work with portfolio companies. It is not a manufacturer itself. Its most litigation-relevant holding is Revelyst, the outdoor-products business it acquired from Vista Outdoor in an all-cash transaction with an enterprise value of $1.125 billion, announced October 2024 and closed in 2025. Revelyst owns consumer brands including Bell, Giro, Fox Racing, and Bushnell. Revelyst Sales LLC has since merged into Bushnell Holdings LLC (Mips AB press release, July 2026).
Litigation posture. SVP appears once in the case data, as a defendant with zero plaintiff-side suits — consistent with an operating/investment company being sued, not a patent assertion entity. In BrainGuard Technologies, Inc. v. Vista Outdoor Inc. et al. (No. 8:24-cv-02652, C.D. Cal., filed Dec. 6, 2024), BrainGuard asserted five helmet-safety patents (8,863,319; 9,060,561; 9,271,536; 9,414,635; 9,516,909) against Vista Outdoor entities, Revelyst Sales, and SVP. The venue is the Central District of California, not a plaintiff-friendly Texas district.
Context. The suit targeted MIPS-equipped Bell, Giro, and Fox helmets. Neither SVP nor Mips was an original accused infringer on its own patents; Mips AB joined in 2025 to support its customer Revelyst. In July 2026 the parties settled, with Mips paying $3.25 million and all asserted claims released against Mips and its customers. No merits findings were reported.