As a long-term and value-oriented investor, we analyze each investment with a primary focus on minimizing downside risk, protecting invested principal and generating an appropriate risk-adjusted return.
Our investment strategy relies heavily on:
We actively monitor our investments to ensure operational control and to be a more value-added partner to our borrowers and sponsors. We also selectively consider third-party-led senior and subordinate debt financings, review portfolio purchases and opportunistically consider the purchase of stressed and discounted debt positions.
Asset values of $10-250 million
Attractive basis with above-average supply/demand dynamics
Solid credit fundamentals
Strong market position with competitive economic advantage
Experienced, properly-incentivized sponsorship team with demonstrated track record
Appropriately structured and documented investment
Return opportunity that compensates for perceived risk
*Not every investment meets each of the below criteria.