Tactical Special Purpose Vehicles
We employ an all-weather, flexible capital strategy that targets private and public debt and non-control equity investments in middle market companies undergoing transformational change or stress. Our strategy targets a broad spectrum of non-distressed special-situation, stressed and distressed investments, primarily in North America and Europe. To further enhance flexibility, our strategy employs an industry, enterprise value and capital structure (i.e., debt or equity) agnostic approach to seek to identify in our view mispriced opportunities across various market environments.
In the private markets, we seek to leverage the substantial resources of Medici Firma's private equity and direct lending franchises by partnering with companies and management teams to provide flexible capital solutions.
This process of providing companies with private capital solutions that offer leadership, flexibility and distressed expertise in the form of incremental liquidity and/or covenant relief can empower a business going through distress or transformational change by improving cash flows, reducing leverage and returning the business to corporate health.
We expect to flex more significantly into public market stressed and distressed debt investments in circumstances where we see what we believe to be attractive value relative to what can be achieved in the private market.
We seek to deploy capital across a broad range of non-control private market and public market transaction types with respect to companies undergoing transformational change or stress.
We search for companies that are being challenged by one or more of the following:
- The business model or management team is undergoing a significant transition;
- The industry is broadly out-of-favor in the capital markets and/or is going through secular or cyclical change; or
- The balance sheet has become overly cumbersome, complex and/or unsustainable.