Portfolio

Venture Capital Investing
Spotter

Spotter

  • Enterprise Value:$150MM
  • Total Equity:$175MM
  • Vintage:2021

Target Return Metrics

  • Target Net IRR:18%
  • Cash Yield0%
  • Target Net Equity Multiplier:14.7x
Orellana

Orellana

  • Enterprise Value:$150MM
  • Total Equity:
  • Vintage:2020

Target Return Metrics

  • Net IRR:18%
  • Cash Yield1%
  • Net Equity Multiplier:14.7x
Acquco

Acquco

  • Enterprise Value:$30MM
  • Total Equity:$20MM
  • Vintage:2020

Target Return Metrics

  • Net IRR:22%
  • Cash Yield0%
  • Net Equity Multiplier:7x
National Security Group Investment

National Security Group Investment

  • Enterprise Value: $35MM
  • Total Equity: $17MM
  • Vintage2021

Target Return Metrics

  • Net IRR:8.9%
  • Cash Yield:3.4%
  • Net Equity Multiplier:2.1x
1847 Holdings

1847 Holdings

  • Enterprise Value:$36MM
  • Total Equity:$28MM
  • Vintage2018

Target Return Metrics

  • Net IRR:12%
  • Cash Yield:6.5%
  • Equity Multiplier:3.2x
776 Arete

776 Arete

  • Enterprise Value:$1B
  • Total Equity:$900MM
  • Vintage:2022

Target Return Metrics

  • Net IRR:0%
  • Cash Yield:0%
  • Net Equity Multiplier:0.95
Crossbeam

Crossbeam

  • Enterprise Value$150MM
  • Total Equity$78MM
  • Vintage2020

Target Return Metrics

  • Net IRR0%
  • Cash Yield0%
  • Net Equity Multiplier1.0x
Fitz Roy

Fitz Roy

  • Enterprise Value:25MM
  • Total Equity:20MM
  • Vintage:2020

Target Return Metrics

  • Net IRR:14%
  • Cash Yield:0%
  • Net Equity Multiplier:1.7x
Positive Sum

Positive Sum

  • Enterprise Value:$350MM
  • Total Equity:$340MM
  • Vintage:2021

Target Return Metrics

  • Net IRR:0%
  • Cash Yield:0%
  • Net Equity Multiplier:1.01x
Baobab Network

Baobab Network

  • Enterprise Value:$15MM
  • Total Equity:$15MM
  • Vintage:2023

Target Return Metrics

  • Net IRR:0%
  • Cash Yield:0%
  • Net Equity Multiplier:1%
Private Equity
Good Labor Jobs Staffing and Recruiting

Good Labor Jobs Staffing and Recruiting

  • Enterprise Value:$15MM
  • Total Equity:$7.5MM
  • Vintage:2017

Target Return Metrics

  • Net IRR:48%
  • Net Cash Yield:15%
  • Net Equity Multiplier:14.5
Southern Air Custom Interiors

Southern Air Custom Interiors

  • Enterprise Value:$2MM
  • Total Equity:$2MM
  • Vintage:2020

Target Return Metrics

  • Net IRR:11%
  • Net Cash Yield:5%
  • Net Equity Multiplier:7.8
Classic Transport

Classic Transport

  • Enterprise Value:$4MM
  • Total Equity:$750k
  • Vintage:2020

Target Return Metrics

  • Net IRR:22%
  • Net Cash Yield:8%
  • Net Equity Multiplier:8.7
Cars by John

Cars by John

  • Enterprise Value:$6MM
  • Total Equity:$1.5MM
  • Vintage:2021

Target Return Metrics

  • Net IRR:18%
  • Cash Yield:32%
  • Net Equity Multiplier:2.3
Flat Rock Neptune

Flat Rock Neptune

  • Enterprise Value:$1.5MM
  • Total Equity:$200K
  • Vintage:2022

Target Return Metrics

  • Net IRR:0%
  • Cash Yield0%
  • Net Equity Multiplier1.0x
Real Estate Investing
Unlocking: Waller Creek in Austin Texas

Unlocking: Waller Creek in Austin Texas

  • Enterprise Value:$992MM
  • Total Equity:$348MM
  • Vintage:2023

Target Return Metrics

  • Net IRR:11%
  • Net Cash Yield:8%
  • Net Equity Multiplier:2.2x
42 N Hickory

42 N Hickory

  • Enterprise Value:$350k
  • Total Equity:$65k
  • Vintage:2021

Target Return Metrics

  • Net IRR:18%
  • Cash Yield:22%
  • Net Equity Multiplier:3.8x
Polar Bear Inn

Polar Bear Inn

  • Enterprise Value:$10MM
  • Total Equity:$500k
  • Vintage:2017

Target Return Metrics

  • Net IRR:44%
  • Cash Yield:10%
  • Net Equity Multiplier:82x
Extended Stay Hotel

Extended Stay Hotel

  • Enterprise Value:$25MM
  • Total Equity:$600k
  • Vintage2019

Target Return Metrics

  • Net IRR:18%
  • Cash Yield:9%
  • Net Equity Multiplier:14.7x