Stone Tower Capital looks to invest solution capital in middle market companies dealing with a variety of stresses reflected in their balance sheets and with a need for short term liquidity or capital structure transformation. We make credit investments that are structured to protect principal with asset or enterprise value coverage.
We consider the following key criteria in evaluating potential investments:
Target Companies in Need of Solution Capital
Fundamental or Operational Challenges
Looming Debt Maturities
Fatigued Lenders
Covenant Violations
Cyclical Impairment
We take a Disciplined Approach to Investing Capital
Goal is to exit at par or greater
Not loan to own or loan to control
Focus on investing in senior, secured, or senior secured loans at the top of the capital structure
Maturities between three to five years
Our Typical Investment
Target Size: minimum EBITDA of $10mm
Investment Size: $10m - $50m
Opportunities of Interest
New Financings
Re-Financings
Secondary Purchases
For more information, please contact Jeff Deutschman at info@stonetowercapital.com
Corporate Credit | Structured Credit
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