We combine deep expertise, trusted infrastructure, and a tech-driven mindset to deliver institutional-grade servicing, advanced data management and reporting

About Reviva

Reliability, Results, Reviva

We’re committed to helping our clients make smarter decisions, reduce friction, and unlock value — with a sharp focus on quality, accountability, and long-term results.

Seamless servicing


Data transparency


Actionable insights across credit portfolios


Regulated by the Luxembourg Financial Supervisory Authority (CSSF). To ensure strong governance and compliance, we engage PwC for external audits and Grant Thornton for internal auditing.

Our license covers :

  • Debt Collection,
  • Client Communication
  • Administration
  • We are also licensed as an economic advisor in Luxembourg.

Transparent & Compliant


Independent Audits


Multi Jurisdictional


Regulated PSF Entity

Headquartered in Luxembourg, we operate a branch in Copenhagen, a subsidiary in Lisbon, and maintain partnerships across Europe.

Corporate governance

Reviva Capital is a PSF-licensed entity

Accomplishments

15 Years of driving returns

Over the years, we’ve built a reputation for precision, efficiency, and innovation in credit asset servicing. From complex restructurings to large-scale portfolio management, our expertise spans multiple asset classes and jurisdictions.


With a deep understanding of institutional-grade servicing, we help clients maximize recoveries, streamline operations, and enhance portfolio performance. Our proprietary technology-driven platform ensures transparency and control at every step.


Backed by decades of experience, our team has delivered exceptional outcomes across European markets, consistently outperforming industry benchmarks.

27

Loan Portfolios onboarded

3,000+

Individual cases

€3.1bn

Recovered on NPL portfolios

€2.5m

Average UPB per case
Our team

Expertise that delivers

At Reviva, we bring together a powerhouse team of specialists from lending, investment banking, corporate finance, M&A, real estate, accounting, and operations.


Our in-house IT and data analytics team continuously enhances our operational platform, ensuring cutting-edge data management and reporting solutions.


This multi-disciplinary expertise, combined with deep local market knowledge and language skills across multiple European markets, gives us a unique edge.



We operate with the precision and integrity required for the regulatory and institutional landscape while maintaining an entrepreneurial, solutions-driven mindset.

9 years

Average Tenure

15 years

Average asset servicing experience

15 years

Avg professional banking & real estate experience

9 years

Average Tenure

15 years

Average asset servicing experience

15 years

Avg professional banking & real estate experience

Management

Paul Embleton
Paul Embleton
CEO, Co-founder
Brandur Thor Ludwig
Brandur Thor Ludwig
Executive Director, Head of Business Development and Asset Management
Bjorn Agust Bjornsson
Bjorn Agust Bjornsson
Executive Director, COO
Philip Wittrup
Philip Wittrup
Executive Director, Nordic Branch Manager
Diogo Pereira
Diogo Pereira
Managing Director, Reviva Portugal

Management

Paul Embleton
Paul Embleton
CEO, Co-founder
Paul is Co-founder and CEO of Reviva Capital, responsible for the company’s overall management, strategy and growth, as well as its daily management and development of its international loan servicing platform and Group operations.

Paul has over 30 years’ experience in banking and finance having worked for “Big 4” audit firms, banks and has expertise in financial and operational restructuring and turnarounds.

Paul holds a Masters Degree in Accounting and Economics from the University of Aberdeen and is Fellow of the Scottish Institute of Chartered Accountants. He holds a Luxembourg business licence as an economic advisor and accounting expert.

Paul is a British citizen and has lived in Luxembourg since 1990.
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Brandur Thor Ludwig
Brandur Thor Ludwig
Executive Director, Head of Business Development and Asset Management
Brandur joined Reviva in 2010 and leads the company’s new business and growth activities, as well as its asset management practice. He is actively engaged in new deal origination, portfolio underwriting efforts as well as the company’s current workout management mandates.

Brandur has over 30 years’ experience in the international finance, cross-border M&A and Private Equity Real Estate Investment & Management. Since 2008, he has been actively involved in the European NPL market especially in the realisation of complex commercial real estate loans and collaterals across Europe.

Graduated with Cand. Oecon in Finance from the University of Iceland in 1996 and has extensive experience in working across borders and cultures from having operated in USA, Europe, Asia and the Middle East.

Brandur was born in USA and has lived and worked in Iceland and the UK before moving to Luxembourg in 2004 where he currently resides.
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Bjorn Agust Bjornsson
Bjorn Agust Bjornsson
Executive Director, COO
Bjorn Agust joined Reviva Capital in 2012 and leads all aspects of the company’s information technology activities. He oversees the IT setup and daily operations, both from an infrastructure and operational aspect, as well as the development and servicing of the company’s IT platform. He’s actively engaged in the onboarding of new business portfolios both from an operational and information technology perspective.

Bjorn Agust has over 25 years’ experience in information technology, both within the financial services industry and the retail industry. He has a proven track record and expertise in developing and delivering complex business solutions to international companies in Europe, USA, Asia and the Middle East.

Bjorn Agust holds a B.Sc. Degree in Computer Science and Business Administration from Reykjavik University. He is originally from Iceland but has lived abroad for most of his adult life and currently resides in Luxembourg.
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Philip Wittrup
Philip Wittrup
Executive Director, Nordic Branch Manager
Philip joined Reviva in 2016 as Senior Transaction Manager, with base in Copenhagen after spending 2.5 years at the head office in Luxembourg. Philip is involved in all aspects of the mandate management and underwriting of new transactions.

Prior to joining Reviva, Philip spent 6 years at EY Corporate finance with a focus on Infrastructure advisory and transaction support. Prior to EY, Philip spent 3 years as functioning Group Treasurer at DNB Nord.

Philip graduated with a Masters in Economics (Cand. Polit.) from the University of Copenhagen.
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Diogo Pereira
Diogo Pereira
Managing Director, Reviva Portugal
Diogo is the Managing Director of Reviva Capital’s operations in Portugal and oversees the workout management and debt advisory services provided in South–European markets.

Diogo joined Reviva Capital in early 2022 from CMS Portugal.

Diogo is a Portuguese national and lives and works in Lisbon.
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Paul Embleton
Ari Danielsson
Chairman
Steen Parsholt
Steen Parsholt
Director
Maxim von MitzlaffLaeisz
Maxim von MitzlaffLaeisz
Director

Board of Directors

Ari Danielsson
Ari Danielsson
Chairman
Steen Parsholt
Steen Parsholt
Director
Maxim von Mitzlaff-Laeisz
Maxim von Mitzlaff-Laeisz
Director
Ari Danielsson
Ari Danielsson
Chairman
Ari is Co-founder and Chairman of Reviva Capital.

Ari has over 25 years’ experience at the intersection of information technology and banking and finance, in both executive and non–executive roles and has spent the last 12 years as an active participant on the European NPL market. Prior to incorporating Reviva Capital, Ari was Managing director of Glitnir Bank Luxembourg and led its successful restructuring and voluntary winding–down from 2008.

Ari holds B.Sc. in Computer Sciences and MBA from Reykjavik University and has completed the International Directors Programme at the INSEAD university in France.

Ari is a native Icelander, living and working in Luxembourg for the last decade, but recently returned to his home country where he is actively engaged in investments and board member roles in finance and IT sectors.

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Steen Parsholt
Steen Parsholt
Director
Steen Parsholt has served as the Non–executive Director of Reviva Capital S.A. since 2016.

Since 2005 Steen has served on a wide range of boards in Denmark and abroad, in both financial services and a wide range of industrial companies. Steen also played an active role in unwinding defaulted banks in Denmark and Iceland during the years 2010–2016. Steen currently serves as Chairman or Deputy Chairman of 6 Companies and as a board member of an additional three companies.

Prior to his career as a non–executive director, Steen served in various companies in the international financial services sector, both banking and insurance, in Denmark, UK, Italy and US, including Citibank, UBS, Atradius and Aon.

Steen is a Danish national and resided in Copenhagen, Denmark.

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Maxim von Mitzlaff-Laeisz
Maxim von Mitzlaff-Laeisz
Director
Maxim is the co–head of Asset Management at Davidson Kempner European Partners, covering Europe and Asia for the Real Estate, Corporate and Structured Product desks.

Maxim has over 15 years experience in the financial sector with focus on real estate debt and direct asset workout.

Maxim holds a Master degree in Finance and Management and BSC (Hons) in Economics from Loughborough University.

Maxim joined the board of Reviva Capital in June 2022.

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Our shareholders

Reviva Capital is a management founded company. Following a shareholding restructuring in April 2024, investment funds under the management of Davidson Kempner European Partners currently hold 75.7% of outstanding shares of the company.