David Sawyer is a Senior Managing Director in Ankura Consulting Group’s Turnaround & Restructuring Practice, based in New York, NY. He has over 25 years of experience in global financial markets, including extensive experience in restructuring and turnaround situations. He has spent time as both a distressed debt and special situations investor at a hedge fund as well as serving as the global head of a workout and restructuring group at a major international financial institution.
Mr. Sawyer has played an active role, as a principal across multiple creditor classes, in turnaround and/or restructuring situations for companies across a broad range of industries, including real estate, and around the globe. Mr. Sawyer has demonstrated strong leadership skills and has a proven track record of building and developing organizations, teams and cultures within both distressed and growing organizations. Through his participation on distressed company boards and by leading organizations, he has proven himself as a change agent through successful strategy development and implementation.
Prior to joining Ankura, Mr. Sawyer was the Global Head of Portfolio, Counterparty Credit and Workout & Restructuring at Barclays. In this role, he managed more than 150 people and over $6 billion of distressed principal positons, including post-restructured equity, around the world. Mr. Sawyer spent several years at Silver Point Capital, a hedge fund in Greenwich, CT, before joining Barclays. At Silver Point, he ran the firm’s Restructuring and Portfolio Group, which was responsible for leading the restructuring and workout activities across the firm, including active participation on creditor committees, and managing the firm’s $3 billion private financing portfolio. He was also a member of Silver Point’s Distressed Private Equity Group focused on obtaining control equity positions though restructurings and debt conversions. In this role, Mr. Sawyer was responsible for the execution of the restructuring process, the transitional efforts from debt to equity ownership, and the operational strategy and activities post ownership.
Prior to joining Silver Point, Mr. Sawyer was a Director at Credit Suisse in their workout group with a focus on Media & Telecom and Energy, and before that held various roles in the risk departments of Societe Generale and HSBC focused on leverage lending.