Jeff Anapolsky, a Managing Director at BVA Group, is a restructuring professional with nearly 20 years of achieving successful results for special situations involving bankruptcies and out-of-court workouts. As a trusted advisor, Mr. Anapolsky synthesizes multi-disciplinary solutions to resolve intractable conflicts. His background as a private equity investor, high yield credit analyst, director for troubled companies, and investment banker enables him to serve as an insightful expert on a variety of topics, such as valuation, solvency, capital markets, transaction structures, and financial projections. Most recently, he has navigated the energy industry’s volatility by raising capital from alternative investors, advising distressed acquisitions, evaluating debt exchanges, assessing complex valuations, and analyzing liquidity and covenants.

As co-author of The Art of Distressed M&A: Buying, Selling and Financing Troubled and Insolvent Companies, Mr. Anapolsky teaches Corporate Financial Restructuring at Rice University’s Jones Graduate School of Business. Previously, he received his M.B.A. from Harvard Business School and J.D. from Harvard Law School. At the University of Pennsylvania, he received a B.S. in Finance and B.A. in Mathematics, magna cum laude, from the Wharton School of Business and the College of Arts & Sciences, respectively.

Prior to joining BVA, Mr. Anapolsky invested over $250 million in leveraged buyouts and rescue financings involving turnarounds, workouts, underperformers, and corporate carve-outs for American Capital. For T. Rowe Price, he invested over $300 million in sub-par debt, debtor-in-possession loans, credit default swaps, trade claims, and reorganized equities. As a bankruptcy attorney at Akin Gump Strauss Hauer & Feld and restructuring advisor at Wasserstein Perella (now Miller Buckfire), he advised creditors’ committees, debtors and individual creditors.

Mr. Anapolsky’s expertise in advanced valuation methods applies to special situations in a variety of industries, including:

AIRLINES & AEROSPACE

American Airlines – DIP loan, exit financing, and reorg. equity
Pan Am Flight Academy – investment in corporate carve-out
Paradigm Precision – rescue financing for troubled buyout

CHEMICALS

Solutia – Official Committee of Unsecured Creditors advisory
Tronox – investment in distressed debt and reorganized equity

CONSUMER/RETAIL

Berry-Hill Galleries – investment in DIP loan and exit financing
Hechinger/Builders Square – debtor advisory
Pathmark Supermarkets – debtor advisory
RadioShack – investment in credit default swaps; Ch. 11 case study
RTIC Coolers – capital raising advisory amid litigation

ENERGY

Forest Oil – bondholder litigation and sub-par debt investment
Grant Geophysical – debtor advisory of out-of-court restructuring
Sabine Oil & Gas – investment in 2nd lien loans; Ch. 11 case study
Trigeant – rescue financing; acquirer advisory for 363 sale
Venoco – investment in sub-par debt and debt exchange offer

FOOD & BEVERAGE

New England Confectionery – investment in operational turnaround
Pathmark – debtor advisory for balance sheet restructuring
Reddy Ice – Ad Hoc Committee of Holdco Noteholders

MANUFACTURING

Exide – Official Committee of Unsecured Creditors advisory
Kodak – investment in sub-par debt and DIP loan
Palm Harbor Homes – Ch. 11 Trustee Oversight Committee

MEDIA

Getty Images – investment in sub-par loans and bonds
McClatchy – investment in sub-par loans and credit default swaps
Spanish Broadcasting – investment in defaulted preferred equity
Trader Corp. – investment in sub-par debt of corporate carve-out

METALS & MINING

Alpha Natural Resources – DIP loan analysis
Sherwin-Alumina – expert witness for parent Glencore

SERVICES

M&I Electric – debt refinancing advisory
Merit Service Solutions – investment in rescue financing

TELECOMMUNICATIONS

Allegiance Telecom – post-confirmation liquidation trust advisory
Clearwire/Sprint – investment in sub-par debt

UTILITIES

Centrais Elétricas do Pará – Ad Hoc Committee of Bondholders
Dynegy – litigation against Enron; investment in DIP loan
Energy Future Holdings/TXU – investment in credit default swaps
Tokyo Electric – investment in sub-par debt and credit default swaps