Kirchner Hedge Fund Services Group helps alleviate the following issues with operational/control debt, equity, or private equity positions:
- Performance pressure – achieving an optimal valuation for illiquid positions
- Liquidity concerns – ability to sell illiquid positions to generate cash
- Redemption pressure – get cash back to fund’s investors to preserve/strengthen client relationships
- Lack of staff – help funds that are not staffed for operational workouts
- Talent allocation – keep key talent focused on opportunities, not problems
- Portfolio management – avoid having to sell liquid/performing positions resulting in a less liquid portfolio
- Management of non-core positions or portfolios – reduce resources committed to non-core activities
Existing solutions to operational problems are less attractive and typically include:
- Workout – Managers have a fiduciary balancing act over time and resources spent on troubled positions; hard fought recoveries often impact attention paid to opportunities and other positions
- Consultants – hiring and managing a web of executives, directors, consultants, many of whom will change over the course of the workout
- Fire sale – quick sale, liquidation or secondary transaction (single name or portfolio) at a deep discount
- Economically unfavorable restructuring – harm economics and often trade illiquid securities for illiquid securities
Kirchner Hedge Fund Services Group provides:
- Multi-dimensional understanding of private capital
- Based on 25 years of corporate history
- First-hand knowledge as advisors, partners, agents and principals
- Global experience, local execution
- Access to network of buyers, sellers, investors, strategic companies
- Repetitive engagements with institutions, general partners, limited partners
- Longstanding relationships with individual influencers
- Collective wisdom from a wealth of transactions
- Hundreds of transactions as partner, principal, agent or advisor
- Cross-fertilization of ideas, needs, opportunities
- Rapidly growing direct and indirect experience and contacts in multiple industries
- One-stop shopping
- Able to mix/match skills and experience with needs/opportunities/stage
- Seamless execution for evolving circumstances
- Proprietary Lifecycle Approach
- Seamless execution for evolving circumstances
- Able to work across entire lifecycle of private enterprises
- Success in Challenging Times
- Our heavy-lifting approach and aggressive driving style “gets deals done”
- Able to provide hands-on leadership to companies struggling through today’s troubled economic times
