LOHEM PARTNERS
Who We Are Services Approach Leadership Contact

Stepping Into ComplexityDelivering Simplicity

Who We Are

Founded by a seasoned special situations investor to serve the middle market and lower middle market, Lohem Partners is an outsourced workout, asset management, and restructuring advisory firm built to serve private credit funds and the companies they finance.

We provide independent fiduciary, restructuring, and operational turnaround services. Our team has experience as board members, crisis managers and interim executives, with custom solutions built for each situation.

We think like investors and not cookie cutter turnaround consultants. With that mindset, we align interests with our clients, as our work is measured by outcomes – not billable hours.

Services

What your portfolio needs, when it needs it.

Private credit portfolio managers face a familiar constraint: challenged loans demand senior attention, but internal bandwidth is finite. Lohem provides the independent resources to supplement your team and address the challenges head-on, without shifting your focus away from sourcing investments, fundraising, and other competing priorities.

Outsourced Workout Advisory

When borrowers are close to defaulting or ultimately trip covenants, Lohem acts as an extension of your platform. We take on day-to-day management of challenged credits — monitoring borrower performance, negotiating amendments, driving consensual resolutions where possible, and taking enforcement actions if necessary.

Fiduciary Services

An independent board member with restructuring experience provides stakeholders with an outside and independent voice to navigate through a range of governance and lender dynamics.

Chief Restructuring Officer

When a portfolio company needs hands-on leadership through a balance-sheet restructuring, Lohem places a seasoned restructuring professional inside the business. We take responsibility for cashflow monitoring, profit improvement, stakeholder management, and developing a value creation plan.

Interim Management

When a portfolio company loses a CEO, CFO, or COO — or when the incumbent team is not equipped for the situation — Lohem provides interim executives to stabilize the business, restore lender confidence, and maintain operational continuity while a permanent solution is identified.

Approach

A disciplined process, adapted to the situation.

We understand the need for speed when timelines are short: covenant defaults, liquidity challenges, operational underperformance, rescue financing, bankruptcy planning, and everything in between.

We have been through deeply distressed situations and lived to tell the success stories.

Assess

Rapid diagnostic of liquidity, operating performance, capital structure, and stakeholder positions. Written deliverables within days – often hours.

Stabilize

13-week cashflow monitoring and tight cash disbursement controls, vendor and customer management, internal and external communication planning. Restore predictability and rebuild trust amongst stakeholders.

Restructure

Operational and balance-sheet alternatives. Negotiate with lenders, sponsors, and counterparties. Prepare for in-court solutions if necessary.

Execute

Implementation of a value creation plan, durable financing solutions, and the ultimate exit from the situation.

Leadership

Zachary Nemes

Zachary Nemes

Founder & Managing Partner

Zachary Nemes is the Founder and Managing Partner of Lohem Partners, a Chicago-based advisory firm providing workout services to lenders and the companies they finance in the middle market and lower middle market. Mr. Nemes has spent his career investing in special situations and founded Lohem Partners to provide clients with the balance sheet restructuring, operational turnaround, and fiduciary services they need to navigate through challenged investments.

Mr. Nemes has a track record over ~20 years of converting deeply distressed positions into multiple-on-invested-capital outcomes. His experience spans consumer, retail, business services, industrial, and litigation finance companies. Mr. Nemes has led highly complex restructurings ranging from $25 million to $1 billion in senior capital, balancing hostile stakeholders and distressed businesses to provide practical solutions for a range of clients and limited partners. Mr. Nemes has managed investments across North America and Europe in both out-of-court situations, including equity pledge exercising, Article 9 dispositions, and consensual restructurings, as well as U.S. Bankruptcy transactions, including debtor-in-possession financings, plans of reorganization, and §363 sales. Mr. Nemes has extensive experience securing rescue financings, dividend recapitalizations and continuation vehicles to provide investors with solutions that other advisors failed to identify.

On behalf of Lohem Partners, Mr. Nemes has served as the Head of Restructuring for Victory Park Capital across a multi-billion dollar portfolio for the past several years. Mr. Nemes currently serves on the boards of Giordano's Pizza and Pattern Brands, and he has previously served as a director or observer at several Victory Park portfolio companies, including Nationwide Energy Partners, American Plastics, and Cardenas Markets. Throughout his career, Mr. Nemes has held board positions at over 10 businesses as a control investor, independent director, or observer. Mr. Nemes has navigated through multiple operational turnarounds with hands-on experience across major functional areas of each business, as he developed value creation plans, financing solutions and ultimate monetization plans.

Prior to founding Lohem Partners, Mr. Nemes was a Partner and Co-Founder of Aves Capital Management, a manager of special situation–oriented structured capital investments and funds, where he served on the Investment and Valuation committees. Before that, he was a Principal at Victory Park Capital, where he oversaw multiple private credit investments and was responsible for underwriting, structuring, monitoring, restructuring, and exiting both debt and equity positions. Earlier in his career, Mr. Nemes was an investment professional at Metalmark Capital, a middle-market control buyout firm, and worked in investment banking at Morgan Stanley and Goldman Sachs.

Mr. Nemes earned a Bachelor of Commerce, Major in Finance from McGill University and graduated on the Dean's Honor List with Great Distinction.

Address

150 North Riverside Plaza
Suite 5200
Chicago, IL 60606

Email

info@lohempartners.com

 

© 2026 Lohem Partners.
All rights reserved.

LOHEM PARTNERS
Who We Are Services Approach Leadership Contact

Stepping Into ComplexityDelivering Simplicity

Who We Are

Founded by a seasoned special situations investor to serve the middle market and lower middle market, Lohem Partners is an outsourced workout, asset management, and restructuring advisory firm built to serve private credit funds and the companies they finance.

We provide independent fiduciary, restructuring, and operational turnaround services. Our team has experience as board members, crisis managers and interim executives, with custom solutions built for each situation.

We think like investors and not cookie cutter turnaround consultants. With that mindset, we align interests with our clients, as our work is measured by outcomes – not billable hours.

Services

What your portfolio needs, when it needs it.

Private credit portfolio managers face a familiar constraint: challenged loans demand senior attention, but internal bandwidth is finite. Lohem provides the independent resources to supplement your team and address the challenges head-on, without shifting your focus away from sourcing investments, fundraising, and other competing priorities.

Outsourced Workout Advisory

When borrowers are close to defaulting or ultimately trip covenants, Lohem acts as an extension of your platform. We take on day-to-day management of challenged credits — monitoring borrower performance, negotiating amendments, driving consensual resolutions where possible, and taking enforcement actions if necessary.

Fiduciary Services

An independent board member with restructuring experience provides stakeholders with an outside and independent voice to navigate through a range of governance and lender dynamics.

Chief Restructuring Officer

When a portfolio company needs hands-on leadership through a balance-sheet restructuring, Lohem places a seasoned restructuring professional inside the business. We take responsibility for cashflow monitoring, profit improvement, stakeholder management, and developing a value creation plan.

Interim Management

When a portfolio company loses a CEO, CFO, or COO — or when the incumbent team is not equipped for the situation — Lohem provides interim executives to stabilize the business, restore lender confidence, and maintain operational continuity while a permanent solution is identified.

Approach

A disciplined process, adapted to the situation.

We understand the need for speed when timelines are short: covenant defaults, liquidity challenges, operational underperformance, rescue financing, bankruptcy planning, and everything in between.

We have been through deeply distressed situations and lived to tell the success stories.

Assess

Rapid diagnostic of liquidity, operating performance, capital structure, and stakeholder positions. Written deliverables within days – often hours.

Stabilize

13-week cashflow monitoring and tight cash disbursement controls, vendor and customer management, internal and external communication planning. Restore predictability and rebuild trust amongst stakeholders.

Restructure

Operational and balance-sheet alternatives. Negotiate with lenders, sponsors, and counterparties. Prepare for in-court solutions if necessary.

Execute

Implementation of a value creation plan, durable financing solutions, and the ultimate exit from the situation.

Leadership

Zachary Nemes

Zachary Nemes

Founder & Managing Partner

Zachary Nemes is the Founder and Managing Partner of Lohem Partners, a Chicago-based advisory firm providing workout services to lenders and the companies they finance in the middle market and lower middle market. Mr. Nemes has spent his career investing in special situations and founded Lohem Partners to provide clients with the balance sheet restructuring, operational turnaround, and fiduciary services they need to navigate through challenged investments.

Mr. Nemes has a track record over ~20 years of converting deeply distressed positions into multiple-on-invested-capital outcomes. His experience spans consumer, retail, business services, industrial, and litigation finance companies. Mr. Nemes has led highly complex restructurings ranging from $25 million to $1 billion in senior capital, balancing hostile stakeholders and distressed businesses to provide practical solutions for a range of clients and limited partners. Mr. Nemes has managed investments across North America and Europe in both out-of-court situations, including equity pledge exercising, Article 9 dispositions, and consensual restructurings, as well as U.S. Bankruptcy transactions, including debtor-in-possession financings, plans of reorganization, and §363 sales. Mr. Nemes has extensive experience securing rescue financings, dividend recapitalizations and continuation vehicles to provide investors with solutions that other advisors failed to identify.

On behalf of Lohem Partners, Mr. Nemes has served as the Head of Restructuring for Victory Park Capital across a multi-billion dollar portfolio for the past several years. Mr. Nemes currently serves on the boards of Giordano's Pizza and Pattern Brands, and he has previously served as a director or observer at several Victory Park portfolio companies, including Nationwide Energy Partners, American Plastics, and Cardenas Markets. Throughout his career, Mr. Nemes has held board positions at over 10 businesses as a control investor, independent director, or observer. Mr. Nemes has navigated through multiple operational turnarounds with hands-on experience across major functional areas of each business, as he developed value creation plans, financing solutions and ultimate monetization plans.

Prior to founding Lohem Partners, Mr. Nemes was a Partner and Co-Founder of Aves Capital Management, a manager of special situation–oriented structured capital investments and funds, where he served on the Investment and Valuation committees. Before that, he was a Principal at Victory Park Capital, where he oversaw multiple private credit investments and was responsible for underwriting, structuring, monitoring, restructuring, and exiting both debt and equity positions. Earlier in his career, Mr. Nemes was an investment professional at Metalmark Capital, a middle-market control buyout firm, and worked in investment banking at Morgan Stanley and Goldman Sachs.

Mr. Nemes earned a Bachelor of Commerce, Major in Finance from McGill University and graduated on the Dean's Honor List with Great Distinction.

Address

150 North Riverside Plaza
Suite 5200
Chicago, IL 60606

Email

info@lohempartners.com

 

© 2026 Lohem Partners.
All rights reserved.

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