Our Philosophy

We believe that a portfolio built around non-correlated high-conviction ideas, supported by strong relationships and thoughtful structuring, generates persistent, outsized returns. With a focus on special situation investments and a strong inclination for differentiated thinking, we are most attracted to opportunities where creative problem solving can generate additional alpha.

We draw from a range of debt and equity-linked transactional structures that enable us to minimize idiosyncratic risk while maximizing expected returns through intelligent risk taking.

PRIVATE CREDIT
STRUCTURED EQUITY
SPECIAL SITUATIONS
Crom makes structured credit investments ranging from senior secured to mezzanine on the capital stack. Our flexibility in structure and security enable us to extend credit to markets where larger institutions may be prohibited by mandate.
Crom makes structured equity purchases, funding companies over the span of years. Often, we will make accompanying credit investments to provide immediate working capital alongside a longer term capital solution.
Crom works with issuers and investment banks to provide strategic capital in a variety of special situations including M&A financing, debt restructuring, legacy shareholder buyouts, going public bridges, warrant inducements, etc.

Our Approach

We focus on special situations and price inefficiencies in illiquid markets. Each investment undergoes a thorough bottom-up due diligence process. Provided the right structure for the transaction, our fundamental research dictates asset allocations and allows us to concentrate our portfolio in our highest conviction ideas. We view our moderate size as a key asset, allowing us to invest in markets that can’t support traditional, large institutions. Markets that are less-trafficked often go overlooked, imparting opportunities to invest in discrepancies between fundamental value and market value that offer attractive risk/reward profiles.