For two decades, CarVal Investors has earned a reputation for integrity, discipline and rapid execution by drawing on its experienced team and its long and deep relationships with local asset management partners across the globe.

By conducting bottom-up analysis that includes fundamental credit analysis, advanced real estate valuation and proven pricing models supported by modern portfolio theory, CarVal Investors uncovers the true intrinsic value of an investment, thereby seeing opportunities where others see only risk™. Moreover, CarVal Investors seeks situations where it can readily identify value creation in a predictable time frame and where its core competencies and competitive advantages translate into sustainable and attractive risk-adjusted returns. CarVal Investors operates four primary businesses across North America, South America, Europe and Asia via its hub offices in Minneapolis, London, Tokyo and nine satellite offices. These asset classes include Loan Portfolios, Real Estate, Corporate Securities and Special Opportunities.