Strategic Value Partners (SVP), a global alternative investment firm focused on opportunistic credit opportunities with over $18bn of AUM, has appointed Mike Ungari as Head of Real Estate.
As well as leading the firm’s global real estate business and portfolio, Ungari will also serve on SVP’s management council and investment committee.
Ungari joins SVP after 16 years at Goldman Sachs, where he held several leadership roles, most recently as a Partner managing the firm’s opportunistic and value-add real estate portfolio in the US. At Goldman, Ungari was involved in over $19bn of real estate transactions across equity, development, opportunistic credit and take-privates across all asset types.
Ungari also spent over a decade in Goldman Sachs’ special situations group where he led the asset investing team, which focused on commercial real estate, consumer and transportation assets.
Prior to Goldman Sachs, Ungari worked within the real estate group at GE Asset Management, having begun his career with Accenture.