Tom Wagner

Knighthead Capital Management is a private equity firm co-founded by Tom Wagner in 2008, specializing in distressed and special situations investments. The firm focuses on generating attractive risk-adjusted returns for its clients while emphasizing capital preservation. Knighthead manages assets across various investment vehicles, including insurance asset management, real estate lending, and both closed and open-ended funds.

The firm's investment strategy centers on fundamental analysis, operational and financial turnarounds, and risk management. Knighthead's portfolio spans multiple industries, such as financial services, real estate, insurance, sports, media, technology, healthcare, consumer goods, energy, telecommunications, transportation, manufacturing, retail, hospitality, and education. The firm has a geographical focus in the United States and the United Kingdom, targeting investments in both regions.

Knighthead Capital Management has a track record of successfully navigating complex investment opportunities, leveraging its expertise to unlock value where others see risk. The firm's disciplined approach aims to balance safety and opportunity, ensuring enduring value for its investors. Notable investments include the acquisition of a 45.64% stake in Birmingham City Football Club in 2023 and a 5% minority ownership in the Las Vegas Raiders in 2024, demonstrating its diverse investment interests and strategic approach to value creation.