Criteria
Investment Criteria
- Investment focus
Special situations in which capital structure, title, succession, consents or timing constrain a transaction.
- Capital structure and lien impairment
- Time-sensitive and deadline-driven transactions
- Ownership succession and estate transitions
- Transactions subject to third-party consent or approval
- Assets trading at a dislocation to intrinsic value
- Asset classes
- Real assets, operating companies, project interests and inventory
- Transaction types
- Acquisitions, recapitalizations, structured purchases with assumption of obligations, and seller-financed transactions
- Capitalization
- Committed on a deal-by-deal basis, with co-investment where appropriate
- Role
- Lead sponsor, accountable from letter of intent through closing
- Geography
- United States