Hiram Capital views merchant banking as a natural extension of its advisory business. We stand behind the advice we provide to our clients and believe that our interests and our clients' interests should be aligned to the extent practicable. An important means of ensuring this is to invest through the Hiram Capital's Private Funds in transactions involving our clients where appropriate. We approach each matter on which we advise clients from the value-oriented perspective of an owner and we take a hands-on approach to everything from conducting due diligence to negotiating definitive agreements.

In many cases our ability to invest in transactions will provide capital that may otherwise be difficult or lengthy to obtain; in others, our financial commitment to a transaction will reassure our clients and their counterparties as to the reasonableness of its economic terms. Additionally, our continuing ownership of, and participation in, companies will often facilitate better communication between shareholders and management of companies and greater sensitivity to opportunities and threats brought about by developments in their business and in the financial markets.

Private funds established by Hiram Capital Alternative Assets invest the capital of the firm and of partnering institutional investors in global opportunities that meet each funds’ unique criteria.

Hiram Capital Merchant Funds typically invests in the following situations:
		Asset Based Indentures
		Expansion and Growth Capital
		Leveraged Buyouts
		PIPEs
		Recapitalizations
		Receivables Factoring
		Sale Leasebacks

Transaction Structures

A Hiram Capital private fund investment is typically structured as debt or equity. While we can act as a lead or co-investor, we often provide the entire financing solution for a particular round. Equity investments typically take the form of convertible or redeemable preferred stock, while debt investments may include the full range of senior secured, unsecured and subordinated loans. Our debt investments, particularly those with a higher risk profile, often have some type of equity participation in the form of conversion rights or warrants, in addition to a market-based interest rate.