Private Equity

When a deal needs a partner, not just a loan.

Some deals do not work as debt alone. The equity is short, a partner needs buying out, or the structure calls for someone to take a position rather than write a note. This is the side of the firm that can do that, and it is why we describe ourselves as a capital partner rather than only a lender.

What makes it private equity

Position, not just principal
Where a straight loan does not fit, we can look at participating in the deal itself rather than declining it for the shape of the capital stack.
Buying a partner out
Partnership exits are ordinary in real estate and awkward to finance conventionally, because the collateral and the reason for the loan sit in different places.
Short equity, live deal
A gap in the equity close to a closing date is a structuring problem, not a credit problem. It is treated as one.
Case by case, always
Nothing here is a program with published terms. Every one of these is underwritten on its own facts, which is the honest description of how equity works.

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