Global alternative investment firm Strategic Value Partners has appointed Mike Ungari as head of Real Estate to lead the firm’s global real estate business and portfolio.
Ungari joins SVP after 16 years at Goldman Sachs, where he held several leadership roles, including most recently as a partner managing the firm’s opportunistic and value-add real estate portfolio in the US.
While at Goldman, he was involved in over $19 bn of complex real estate transactions across equity, development, opportunistic credit and take privates across all asset types. He also spent over a decade in Goldman Sachs’ Special Situations Group, including leading the Asset Investing team which focused on commercial real estate, consumer and transportation assets. Prior to Goldman Sachs, Ungari was at GE Asset Management in the Real Estate Group. He began his career with Accenture.
Over the past 20 years, SVP has substantially built out its real estate platform in the U.S. and Europe and now has a team of 10 dedicated professionals globally. Since the onset of the Global Financial Crisis in 2008, SVP’s funds have deployed $3.5 bn into distressed real estate opportunities, including approximately $2.4 bn since the start of Covid in 2020.
SVP is a global alternative investment firm that focuses on special situations, private equity, opportunistic credit and financing opportunities. Today SVP manages over $18 bn in assets. The firm, established by Victor Khosla in 2001, has approximately 200 employees, including 90 investment professionals, across its main offices in Greenwich (CT) and London, and a presence in Tokyo.
