Control-Oriented Debt/Real Assets
Strategy
- Acquisition of debt and/or equity of purpose-built and community assets, typically at a discount
- Control and influence intrinsic value creation of underlying assets
Characteristics
- Enhance value through on-the-ground change
- Unlock value through navigation of encumbrances and other municipal complexities
- Typical hold period of 36 to 60 months
- Instruments include municipal bonds, notes, and equity interests
Fundamental Advantage
- Extensive sourcing channels
- Broad expertise working with community stakeholders
- Deep network of established operating partners with sector-specific and regional expertise