Phil Otero

Co-founder and managing partner, heads up Valor’s Los Angeles office and has primary responsibility for investments in the Western US. Mr. Otero has over 28 years of diversified corporate finance, lending and fund management experience. Most recently, Mr. Otero was a Senior Vice President of Alcentra, Inc., where he successfully managed eight Collateralized Loan Obligations with a total principal amount of $2.8 billion achieving a mid teens equity return. His loan management experience was an extension of his work in the distressed debt team at Oaktree Capital Management where he made over $350 million in investments achieving an IRR approaching 50%. Prior to Oaktree, he was a Managing Director at Unifund S.A. a Geneva Switzerland based family office and during his tenure ran the Moscow, Mexico City, Hong Kong and Bangkok investment offices. Prior to Unifund, Mr. Otero worked for both Bank of America and Canadian Imperial Bank of Commerce as a commercial lender involved in business development, credit analysis and leveraged loan portfolio monitoring and management. Mr. Otero also served as a Vice President in the Investment Banking Division of Sutro & Co. Mr. Otero's fund management experience includes managing a portfolio of leveraged loans, distressed U.S. and emerging market debt and emerging market public and private investments in the United States, Asia, Latin America and Russia. Prior financial markets experience includes raising public and private capital, mergers and acquisitions, investment banking advisory services and commercial and leveraged lending. Mr. Otero received an MBA from the Anderson School of Management at UCLA in 1983 and a BS Cum Laude in Business Administration in 1979 and a BS Cum Laude in Chemistry in 1978 from California State Polytechnic University, Pomona.