Investments
Covering a wide range of alternative asset classes: Credit, Private Equity, and Real Estate under the common characteristic of a Special Situation.
1.
Collateral Mispricing
Entering at an early stage via strong network and therefore benefiting from an active investor who takes a longer-term view on the asset.
2.
Distressed Opportunities
Process-driven investments where conflict is unlocked between parties by settling litigation or through buying debt from a syndicate and navigating a balance sheet restructuring with a profitable and well-positioned underlying business.
3.
Dislocated Situations
Buying assets at significant discounts to market value or earning attractive risk-adjusted returns through structuring deals.
4.
Balance Sheet Restructuring
Bridging the value trap for companies on the turning point towards formal restructuring, due to limited access to prevailing traditional bank funding, by providing tailored and full-scale transitional capital solutions.
5.
Deep Value
High-quality assets in various sectors with discounted deal multiples relative to cash-generation capacity where we can restructure assets during the pre-exit stage of the deal.
6.
Turnaround
Fully controlled asset-acquisition with a sound core business; underperforming due to legacy issues e.g., weak governance or being forced into overly aggressive restructuring measures put forward by their original lenders.
Evolution of targeted mandates
Discretionary
Non-Discretionary
2021
Third international capital provider onboarded
SEE Turnaround and SEE Turnaround II
One deal transacted (Private Equity LBO)
Two deals transacted
(Private Equity LBO and Real Estate)
Elements Credit Opportunities fund II
Three deals transacted (Credit and Real Estate)
One non-discretionary transaction successfully exited
(Restructuring)
Elements Credit Opportunities fund I
Two discretionary transactions successfully exited (Restructuring and Mezzanine)
2020
One deal transacted
(Turnaround)
Elements Credit Opportunities fund I
One deal transacted (Turnaround)
Second discretionary transaction successfully exited (Credit)
2019
First discretionary transaction successfully exited
Three deals transacted
(Private Equity, Credit, and Mezzanine)
Elements Credit Opportunities fund I
Two deals transacted (Credit and Special Situations)
One non-discretionary transaction successfully exited
(Credit)
2018
Three deals transacted
(Credit, Turnaround, and Real Estate)
Elements Turnaround fund I
One deal transacted (Turnaround)
Elements Credit Opportunities fund I
One deal transacted (Turnaround)
2017
Second international capital provider onboarded
Elements Credit Opportunities fund I
Two deals transacted (Credit and Restructuring)
One deal transacted
(Restructuring)
2016
One deal transacted
(Restructuring)
2015
First international capital provider onboarded
Two deals transacted
(Credit and Restructuring)