Green Mesa Capital, LLC (the “Company”), is privately owned and independently operated as a single-family office. Headquartered in Nevada, the Company was founded in 2014 specializing in traditional and alternative investments. The public-facing investment mandate is heavily weighted towards a multi-strategy single-sector focus: institutional real estate in North America and Western Europe. A real estate and alternative investment portfolio consists of four asset classes: (i) venture; (ii) private debt; (iii) private equity; and (iv) marketable securities. The Company’s mission is to deliver superior investment results, with risk under control, while conducting all business with the highest code of ethics and integrity. Fundamentally, the Company espouses, promulgates, and applies, value investing principles into all business activities.
The Company’s search methodology uses private and public markets simultaneously to help identify information arbitrage, apply value investing strategies, and to maximize risk-adjusted returns throughout the capital stack. Strategically, capital allocation structures typically include, but are not limited to: (i) convertible debt/controlling seed ventures in FinTech/RealTech SaaS; (ii) private debt/bridge lending for real estate; (iii) private equity/controlling preferred in acquisition, construction, development, recapitalization, reclamation, renovation, or stabilization of real property; and (iv) long-only positions in select marketable securities/public equities identified as trading at a discount to intrinsic value and tangible equity. Tactically, the Company is a bond investor who shops in the equity market seeking companies, assets, and structures, that resemble both equity and bond-type benefits. Such "equity bonds" are investments that have the payment and risk structure of debt while maintaining the upside features of equity.
Green Mesa Capital provides human capital, political capital, and investment capital for real estate and alternative investments. To maximize yield-on-cost, the Company has the internal capacity to originate and service loans, develop and construct build-to-suit facilities, or operate and asset manage each capital allocation, capturing the accretive economic benefits and decision control of vertical integration. The Company can be a strategic partner for asset leverage via balance sheet financing, provide structural leverage through A/B note structures, or provide operational leverage through technology via infrastructure as a service ("IaaS"). For project management, the Company is a QuickBooks Online Advanced Certified ProAdvisor and develops automation for Microsoft Office 365 applications. By request only, the Company has worked with some of the leading financial institutions in the world to provide best in class subject matter expertise ("SME"), third-party underwriting, complex valuation, attestation/expert witness counseling, and miscellaneous sub-advisory services.
The Company gives preference to performance-based investment strategies that subscribe to and verify compliance with Global Investment Performance Standards ("GIPS"). The Company also recognizes that investment performance can be directly impacted by environmental, social, and governance ("ESG") issues which are the focus of socially responsible investing ("SRI"). Ceteris paribus, the Company seeks like-minded global citizens that conscientiously support the U.N. Environment Programme – Finance Initiative ("UNEP FI"), assets of leadership in energy and environmental design ("LEED"), and companies with industry-leading corporate social responsibility ("CSR"). Execution is augmented by a culture of process -- by applying filters, checklists, and second-level thinking, a latticework of mental models narrow the search -- while leveraging circles of competence help maximize time management and probability selection. These tenets are a type of alchemy uniquely derived from proven sector-specific experience. Ultimately, the meritocracy of each investment must independently demonstrate a qualitative and quantitative margin of safety.
Members of the investment committee meet regularly to discuss the performance of the existing portfolio and review potential investment opportunities. The portfolio is rebalanced each January. As a limited partner, the Company is precluded from investing in any vehicle that does not have a ten year track record. From point of contact to allocation, a two year waiting period is required, largely to observe potential style drifts or management turnover.
As for direct investments, co-investments, co-GP investments, loan guarantees, loan participations, or venture-backed opportunities, such allocations are reviewed during each Monday Morning Meeting. From point of contact to allocation, this is typically a 30-60 day process, although if projects are fully documented, the process can be fast-tracked when warranted.
For allocation requests, please email the Company by selecting the Access link, and provide a one paragraph summary of the opportunity.