About us

Experience and judgement matter most in complex restructurings. Every situation is different and every solution should be unique. Smith Goffman Partners delivers in a way no one else can.
A photo representing Smith and Goffman partners.

With their 80 years of combined cutting edge legal and financial restructuring experience, the founders of SGP Capital Advisors – Steve Smith and Jay Goffman – offer a unique value proposition. For each client, SGP delivers a bespoke strategy that maximizes value for owners while minimizing costs, time and resources committed.

SGP works with a limited number of stressed companies that are willing to begin the PreStructuring process early in an effort to maximize their strategic options and minimize or eliminate time in Chapter 11. By using tools that they invented, pioneered and perfected, Smith and Goffman have produced a durable track record of delivering superior results.

Steve Smith | GSP Partner
Steve Smith
Smith Goffman Partners, New York (November 2023 – Present)

Co-Founder and Co-CEO

Aurora Capital Partners, Los Angeles (2011 – 2023)
  • Member, Investment Committee Aurora Equity Partners V
  • Member, Investment Committee Aurora Equity Partners VI
  • Member, Executive Committee Aurora Capital
  • Managing Partner, Aurora Resurgence I & II
UBS Investment Bank, New York/San Francisco (2001 – 2011)
  • Global Head of Restructuring
  • Global Head of Leveraged Finance
  • Americas Head of Financial Sponsors
  • Member, Americas Executive Committee
  • Member, Global Management Committee
Donaldson, Lufkin & Jenrette/Credit Suisse, San Francisco (1992 – 2001)

Managing Director, Restructuring/Leveraged Finance

Latham & Watkins, Los Angeles (1986 – 1992)

Associate, Corporate Finance/Restructuring

US Court of Appeals, Ninth Circuit, Los Angeles (1985 – 1986)

Law Clerk for Judge Cynthia Holcomb Hall

Private Company Board Experience
SIRVA, Chicago

Member, Board of Directors

LandCare, San Diego

Member, Board of Directors

TOPS, Chicago

Member, Board of Directors

Alltub, Amsterdam

Member, Board of Directors

PYREX, Paris

Member, Board of Directors

Cardiac Science, Waukesha

Member, Board of Directors

UCLA School of Law/Anderson School of Management
  1. JD, Chief Editor, UCLA Law Review
  2. MBA, Finance concentration
UC San Diego
  1. Bachelor of Arts, magna cum laude
  2. English and American Literature, minors in Economics and Philosophy
Memberships and Licenses
  1. Member: California Bar Association, National Association of Corporate Directors
  2. FINRA Series 7, 63 and 24 Qualifications
Jay Goffman | GSP Partner
Jay Goffman
Smith Goffman Partners, New York (November 2023 – Present)

Co-Founder and Co-CEO

Teneo, Inc., New York (November 2022 – 2023)

Client Chairman, Financial Advisory

Rothschild and Co., New York (2020 – 2022)

Vice Chairman

Skadden, Arps, Slate, Meagher & Flom LLP, New York (1996 – 2020)

Partner, Global Head of Corporate Restructuring
Executive Committee Member

O’Sullivan Graev & Karabell, New York (1991 – 1996)

Partner, Head of Corporate Restructuring Group

Weil, Gotshal & Manges LLP, New York (1987 – 1991)

Senior Associate

Bear Stearns & Co., New York (1987 – 1987)

Distressed Debt Analyst

Weil, Gotshal & Manges LLP, New York (1985 – 1987)


Burns Summit Rovins & Feldesman, New York (1983 – 1985)


J.D., University of North Carolina at Chapel Hill, 1983

(with honors; Member, University of North Carolina Law Review)

B.S., The State University of New York at Binghamton, 1980

(Chemical Psychobiology with an emphasis in Neurochemistry; Honors’ Thesis: “The Sudden Infant Death Syndrome As Related to Fetal and Infant Brain Neurochemistry”)

Memberships and Licenses
  • Member: American Bankruptcy Institute, American College of Bankruptcy, Turnaround Management Association, INSOL, International Insolvency Institute
  • FINRA Series 79TO Qualification
  • Turnaround Management Association Hall of Fame, 2023
  • M&A Advisor’s Hall of Fame, 2021
  • Lifetime Achievement Award from The M&A Advisor, 2020
  • Law Dragons Hall of Fame, 2018
  • University of North Carolina School of Law’s Distinguished Alumni Award, 2018
  • 8th Annual Turnaround Atlas Awards for Restructuring Leadership Achievement, 2016
  • The American Lawyer, Transatlantic Finance Dealmaker: Restructuring Award, 2016
  • The American Lawyer, Dealmakers of the Year (for the restructuring of Metro-Goldwyn- Mayer, the largest prepackaged bankruptcy ever completed in under 33 days), 2011
  • Financial Times, U.S. Innovative Lawyers, 2011
  • Decade’s Most Influential Lawyers, The National Law Journal, 2010
  • Law 360’s MVPs (numerous occasions)

Our Founders

Steve Smith | GSP Partner
Steve Smith
Co-Founder and Co-CEO
Smith Goffman Partners
Managing Partner, Aurora Resurgence
Global Head of Restructuring, UBS
Global Head of Leveraged Finance, UBS
Americas Executive Committee and Global Management Committee, UBS
Jay Goffman | GSP Partner
Jay Goffman
Co-Founder and Co-CEO
Smith Goffman Partners
Client Chairman, Teneo Financial Advisory
Vice Chairman, Rothschild & Co. Global Advisory Practice in North America
Global Head of Restructuring and member of Executive Committee, Skadden Arps

If you are tired of the same old approach to every case, where maximizing value for the owner seems to be an afterthought, come talk to us to see what is truly possible.