Stuck positions
What can I do with an investment nobody will bid on?
If nobody will bid on your investment, we can take control of the file and drive it to a result: a sale, a settlement, a restructure or a write-down. There are three ways to hand the position to us, and none of them require you to sell it at a discount.
You can appoint us by assignment or power of attorney. You stay the owner. We take legal and operational control and work the position to a conclusion. Title stays with you.
If you're holding more than one stuck position, we can set up a dedicated vehicle around the whole book. One report, one manager, accountable. The stuck positions get worked. The ones that don't deserve the work get closed out.
We can also run the position like a fund: it goes into its own segregated portfolio under our Cayman SPC, you receive units, and an independent administrator strikes the NAV every quarter. That starts a track record you can actually show people. If you send us the documents, we'll tell you which of the three fits, or whether none of them do.