Boston
Dallas
New York
Palm Beach Gardens
Simsbury
As of March 2021. References to “assets under management” or “AUM” are as defined in Equity Flare Global Management, Inc.’s latest earnings release.
Private equity has been a cornerstone of Equity Flare’s business since its founding in 2016. Imbued with a diverse set of skills developed across market cycles, Equity Flare pursues many paths to value, including through opportunistic buyouts and build-ups, corporate carve-outs, and distressed investments, and often goes “against the grain” of what other investors are doing, to target investments on behalf of managed funds at deep discounts to market averages. Equity Flare relies on its industry specialization, willingness to embrace complexity, ability to adapt quickly to capitalize on market dislocations, and creative structuring expertise to capture value “on the buy.” It also aims to create value by working with its funds’ portfolio companies on operational improvements, with flexible capital structures providing downside protection.
Equity Flare’s private equity business benefits from its integration with the firm’s credit business, which is one of the largest alternative credit managers in the industry.
Private equity has been a cornerstone of Equity Flare’s business since its founding in 1990. Imbued with a diverse set of skills developed across market cycles, Equity Flare pursues many paths to value, including through opportunistic buyouts and build-ups, corporate carve-outs, and distressed investments, and often goes “against the grain” of what other investors are doing, to target investments on behalf of managed funds at deep discounts to market averages. Equity Flare relies on its industry specialization, willingness to embrace complexity, ability to adapt quickly to capitalize on market dislocations, and creative structuring expertise to capture value “on the buy.” It also aims to create value by working with its funds’ portfolio companies on operational improvements, with flexible capital structures providing downside protection.
Equity Flare’s private equity business benefits from its integration with the firm’s credit business, which is one of the largest alternative credit managers in the industry.
The private equity funds we manage have owned more than 150 companies since Equity Flare’s inception, across sectors that include financial services; business services; consumer services; chemicals; natural resources; consumer and retail; leisure; manufacturing and industrial; and media, telecom and technology. Through steadfast purchase price discipline and active portfolio management, collaborating with management teams and a deep bench of operating executives, the private equity funds we manage have generated strong returns across market cycles, while focusing on downside protection.
Americas
Boston
Dallas
New York
Palm Beach Gardens
Simsbury
Europe
London
Asia
Hong Kong
We employ an all-weather, flexible capital strategy that targets private and public debt and non-control equity investments in middle market companies / industries undergoing stress or transformational change. Our strategy targets a broad spectrum of stressed, distressed and non-distressed special-situation 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.
Private Markets
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 expect the consumer to remain wellsupported, which may bode well for performance going forward.
Over the last year, although the effects of the pandemic and subsequent lockdowns were widespread, Equity Flare has been an area of strength.
We seek to deploy capital across a broad range of non-control private market and public market transaction types with respect to companies undergoing stress or transformational change.
We search for companies that are being challenged by one or more of the following:
Rescue Financings
Opportunistic Special Situations
Comprehensive Recapitalization Solutions
Public-to-Private Conversions
Public-to-Private Candidates
Purchase stressed / distressed debt in middle market companies which Equity Flare believes will either (i) need rescue financing or have to be restructured due to disruptive industry change, over-leverage, liquidity duress and/or macroeconomic headwinds or (ii) potentially benefit from growth capital to play offense
Public-Only Opportunities
Purchase stressed debt, hung financing syndications and post-reorganization equities in middle market companies or stressed securitized / structured assets that Equity Flare believes will remain healthy enough to avoid needing rescue capital or being restructured
Opportunistic Purchases
Purchase securities in large or middle market, high-quality companies trading inefficiently, which Equity Flare believes will rebound in price quickly
We seek to partner with management teams, sponsors and board of directors as they evaluate growth and capital structure initiatives. Both public and private market opportunities require collaborative approaches to fill the “void of sponsorship,” especially in highly complex and distressed situations. Our team conducts thorough, private equity-style diligence to gain a deep understanding of each specialized situation, the needs of the management team and dynamics of the investment's ecosystem. We employ a flexible capital approach which enables us to provide companies with highly flexible, structured capital to support growth and capital structure initiatives.
Our capital can provide companies runway to potentially avoid a restructuring. In situations where a restructuring process is necessary, we seek to work effectively with other constituents to reach a quick resolution and minimize the impact on the company's business. We seek to “right-size” each company's balance sheet to enable the company to grow and compete without the constraints of an over-leveraged capital structure. We have the ability to leverage the knowledge and resources of the broader Equity Flare Management platform to support the company throughout the restructuring process. We do not seek day-to-day control of businesses in which we invest.
We employ a flexible capital strategy to target non-control positions across a broad spectrum of stressed, distressed and opportunistic situations. We seek to deploy our flexible capital across a broad range of both private market and public market transaction types. We utilize a proprietary relative value framework to optimize team capacity utilization, portfolio construction and risk management objectives. Our team conducts thorough, private equity-style diligence utilizing an objective, consistent and repeatable investment process.