Ilya Koffman Bio

Ilya is a turnaround and special situations investor with over 16 years of private equity, restructuring and transaction advisory experience. Ilya serves on the Board of Managers of Banker Steel Co. L.L.C. Prior to co-founding Turnspire, Ilya spent over 7 years at KPS Capital Partners. KPS Capital Partners is the manager of KPS Special Situations Funds, a family of private equity funds focused on constructive investing in restructurings, turnarounds, bankruptcies and other special situations, with over $2.6 billion of assets under management as of 2012. At KPS, Ilya identified, evaluated, and executed control investments in metals, paper and packaging, building materials, automotive, specialty vehicles, chemicals, consumer products, distribution and other sectors. Prior to KPS, Ilya was with Alvarez & Marsal, a leading turnaround advisory firm, where he worked on a number of debtor-side and creditor-side restructuring assignments. Prior to joining Alvarez & Marsal, he was an investment banker at Wit SoundView. Ilya has an MBA from Columbia Business School and a BA in Economics from Princeton University. Ilya lives in New York City with his wife and two children.