Sandpiper Capital High Yield Fund

Sandpiper considers investments in private and public debt instruments, including bridge loans, promissory notes and mezzanine financing.  Target industries include real estate, manufacturing, financial services, healthcare, hotels and restaurants in various geographic locations.

Sandpiper seeks strong past financial performance, credit worthiness, cash flow & collateral adequacy, personal guarantees of owners, positive industry growth/property type trends in the borrower’s area of expertise, positive growth in the borrower’s business region or the property’s location, favorable market and competitive trends, experienced management teams and well-positioned capital structures.

Sandpiper negotiates loan terms with and performs due diligence on borrowers, including background checks. Sandpiper executes loan agreements with the assistance of legal counsel and continuously monitors each borrower’s financial and operational activities, including routine site visits.

Investment size is generally between $200,000 and $3 million with terms typically ranging from a few months up to 7 years.

 

 

Example Holdings

Target Criteria & Objectives

  • Strong Borrower Financial Performance
  • Sensible Overall Debt Structure
  • Cash Flow & Collateral Adequacy
  • Positive Geographic Trends
  • Personal Guarantees
  • $200k- $3 million Typical Deal Size
  • Time Horizon: Generally a few months to 7 years

 

 

 

 

 

Copyright © 2007 Sandpiper Capital Management, LLC
649 5th Avenue South, Suite 201 Naples, FL 34102
tel. 239-649-5121