SVP operates as “one big virtual global office” built on three functional “pillars” — sourcing, dealmaking and its operating partners — according to HJ Woltery, the firm’s co-head of the European investment team. Bloomberg Intelligence’s Noel Hebert and Phil Brendel had an in-depth feature interview with Woltery on European distressed debt. They delved into SVP’s investment approach and how the restructuring landscape varies from the US and among European countries

Prior to that, Hebert and Brendel discussed August’s telecom-led credit rally and what the start of rate cuts means for the corporate credit cycle. The podcast concludes with BI’s Negisa Balluku joining the two for a roundtable discussion covering Avon, Hertz’s make-whole decision, Gol airlines, TPG, Diamond Sports, Mallinckrodt, Yellow Corp. and the proliferation of cooperation agreements