We purchase debt and illiquid equity interests in the secondary market; and
We invest directly in companies that are unable to access capital from traditional sources.
We typically structure our investments to benefit from a combination of seniority, collateral protection and current income, and we search for situations in which we can invest at a discount to intrinsic value.
Our team conducts a thorough due diligence process which typically involves input from 3rd-party industry experts that are independent of the company which we are evaluating.
We employ an activist approach to restructuring situations, and we have substantial operational resources that we are prepared to commit to our portfolio companies.
Our funds usually invest $8 - $15 million in each situation, and we target companies in the business services, consumer, healthcare and manufacturing sectors.