Distressed Specialist SVP Pivots From Selling to Buying

The firm headed by Victor Khosla reversed course in the fourth quarter.

Victor Khosla, CEO of Strategic Value Partners (Kyle Grillot/Bloomberg)

Victor Khosla, CEO of Strategic Value Partners

(Kyle Grillot/Bloomberg)

Distressed securities specialist Strategic Value Partners is maintaining the bullish stance it pivoted to in the first quarter after being a net seller of assets for the first three quarters of 2018.

For the second quarter in a row, the firm has bought more securities than it has sold, even though the overall markets have sharply rebounded from their huge late-year selloff.

“Although

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