Sanjeev Khemlani leads the Senior Lender practice, advocating for maximum recoveries for his clients by developing solutions to challenging capital structures. Mr. Khemlani has more than 25 years of global experience working in the global credit markets, where he has served as an advisor, arranger, credit officer and investor in areas as diverse as restructuring, special situations investing, and senior and junior debt new issuance.
Since joining FTI Consulting, Mr. Khemlani has been involved in numerous engagements, such as advising the senior secured lenders of AFS Technologies, API Heat Transfer, BJ Services, Boomerang Tube, Briggs & Stratton, CoActive Technologies, Connacher Oil & Gas, Contec Holdings, Coach America, Comcar Industries, Ciena Healthcare Management, Cineworld, Diamond Offshore, Dynamic Energy Services, Education Management Corporation, Empire Outlets, Everest Capital, Forever 21, Form Technologies, FourPoint Energy, Fox & Hound, Fullbeauty Brands, Genesis Healthcare, Getronics, Grupo HIMA, Horizon Global, Joerns Healthcare, Mattress Firm, MCCI Medical Group, McDermott International, New Jersey Devils, Optimum Outcomes, Pacific Exploration & Production, Paragon Offshore, Pareteum, Patriot Coal, PetSmart, PhyMed Management, PLH Group, Preferred Proppants, Progrexion, Remington Outdoor, Sabine Oil & Gas, Senior Care Centers, Steinhoff, Southern States Offshore, StoneMor Partners, Superior Energy Services, Totes Isotoner, Trident USA Health Services, Valitas Health, Venoco, Weatherford International and Westmoreland Coal; the junior capital investors of Sovereign NNN LLC; the management teams of 24 Hour Fitness, Asahi Glass Company, CIT Group, PowerSource Energy Services, Subsea7, Toyota Motor Corporation and UniTek; and investors focused on the professional sports, radio and cable industries.
Mr. Khemlani was appointed to the Board of Managers of Total Safety by the minority equity owners in 2017 and continues in that capacity today. In 2020, Mr. Khemlani was appointed to be a Board Observer of PhyMed Management to represent the lenders’ interests.
Prior to joining FTI Consulting eleven years ago, Mr. Khemlani was a Managing Director with The Blackstone Group’s GSO Capital Partners. During his time at Blackstone, Mr. Khemlani co-founded GSO’s Hong Kong office, with an aim to make investments in senior, mezzanine and distressed debt in the Asia Pacific region. Mr. Khemlani previously worked for Credit Suisse as the head of leveraged finance credit for the Asia Pacific region, where he was tasked with ensuring that complex credit transactions were correctly priced, structured and distributed.
Prior to that, Mr. Khemlani worked at JPMorgan Chase, where he started his career. Mr. Khemlani rose to the rank of Managing Director in the Special Credits group. He was responsible for representing JPMorgan Chase on official and ad hoc creditor committees. In addition, he was the Managing Partner of Special Situations Investing, JPMorgan’s proprietary North American distressed investment fund, which had an initial funding of $200 million, and oversaw the investing of this fund in secondary, bridge and rescue financing situations.
Mr. Khemlani holds a B.S. in entrepreneurial studies and management from Babson College. He is a Certified Turnaround Professional and is a member of the Association of Insolvency & Restructuring Advisors and the Turnaround Management Association. He served on Babson College’s Board of Overseers from 2006 through 2013.