Structured Private Credit · Fund I
Real EstateInfrastructureEnergy & ResourcesOpportunistic

CAPITAL,
SHARP­ENED.

Principal-led capital deployment across real estate, infrastructure, energy, and opportunistic private credit. Every investment a deliberate, accountable decision made at the principal level.

  • $100M committed capital · 15–20 active positions maximum
  • Collateral-first underwriting · Hard-asset security required before IC consideration
  • Full fee disclosure in writing before any term sheet execution
$100M
Committed Capital · Fund I
15–20
Active Positions Maximum
8%
Preferred Hurdle Rate
4
Core Deployment Sectors
3-Gate
Screening Protocol

WHERE WE
DEPLOY CAPITAL.

Structure
Delaware LP · LLC GP
Target AUM
$100,000,000
Capital Range
$1M – $50M per transaction
Collateral
Hard-asset security required
Fund Term
10 Years (+ 2× one-year extensions)
Screening
Three-Gate Protocol
Primary

Real Estate

Target 30–40% · Range 25–45%

8–16%+ yield

  • Senior debt · first-lien mortgage
  • Mezzanine + equity kicker
  • Preferred equity · 8% pref + 15% profit share
Core

Infrastructure

Target 25–35% · Range 20–40%

7–11% yield

  • Project finance debt
  • PPP & government-backed structures
  • Long-term senior secured
Core

Energy & Resources

Target 10–20% · Range 5–25%

Reserve-based pricing

  • Project finance
  • Production loans & royalty structures
  • Reserve-based lending (RBL)
Opportunistic

Generalist

Target 5–15% · Range 0–20%

Flexible structure

  • Hard-asset collateral mandatory
  • Unanimous IC approval required
  • LAC notification per transaction
02 — Our Conviction

WHY TAPER
POINT.

Three principles that distinguish every investment we make and define how we operate on behalf of our limited partners.

01

Principal-Led

The person who sources the deal structures it, monitors it, and is accountable for it. No delegation to junior associates. Maximum 15–20 active relationships. Every investment is a principal-level decision from origination to exit.

02

Collateral-First

Every investment requires an identifiable, valued, and enforceable security package before IC consideration. Hard-asset collateral is a prerequisite, not a preference. Pre-revenue without hard assets is an absolute decline under the Governance Doctrine.

03

Full Transparency

Every fee, every condition disclosed in writing before any commitment. Form ADV, PPM, LPA, and every term sheet are internally consistent. No exceptions, no side arrangements, no oral agreements that override written terms.

04 — Governance

Process is the product.

Read the Doctrine →
Doctrine

Three-Gate Screening Protocol

Every transaction passes Intake, Preliminary Review, and Full Diligence before Investment Committee consideration. No exceptions to the sequence.

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Authority

Investment Committee & LPAC

Majority IC for $1M–$20M. Unanimous IC + 48-hour LP Advisory Committee notice for $20M–$50M. Key Person clauses defined and enforceable.

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Submit a Project

BEGIN THE
CONVER­SATION.

All submissions reviewed personally. Qualified projects receive a response within five business days. Complete the 6-question pre-screen before the full application.