Overview
Green Brook Capital Management LLC ("GBCM") manages several family investment partnerships that provide both private equity and private credit capital solutions to select private small to middle market companies undergoing a range of special situations.
Prior to 2015, GBCM managed several credit opportunity funds that invested across the capital structure of private companies, providing senior secured debt to mezzanine to private equity. Investment structures are highly customized to suit the issuer's particular needs, from acquisition finance/growth capital to refinancing pending debt maturities/balance sheet restructurings to recapitalizations/ownership transitions. Post-closing, we also provide advice and support, by working closely with management teams, sponsors/fundless sponsors and entrepreneurs, to create value for our capital and across the business based on our industry experience and relationships.
For our co-investors and limited partners, we are focused on generating superior risk-adjusted returns (through current income and capital appreciation) through a rigorous and disciplined investment process focused on industry expertise in several key sectors, an intensive due diligence and research approach that leverages our experience and network of relationships, and superior security design/structuring. We seek to invest at attractive valuations in businesses characterized by high returns on invested capital, substantial free cash flow generation, attractive growth opportunities, sustainable barriers to entry and strong management teams.
History
Green Brook Capital Management was founded in March 2009 in order to provide highly structured private debt and equity solutions to lower and middle market companies, many of which were faced with an inability to access capital due to the complexity of the capital need that they faced (acquisition finance, growth capital, recap) and/or their specific financial situation (over-levered balance sheets and business under performance). Our flexible investment mandate also allowed us to capitalize on several distressed liquid credit and related equity opportunities in the capital markets.
The firm has developed a unique focus on services industries, including those that are defensive, non-cyclical in nature, where we believe few special situation credit/equity funds are able to provide both flexible solutions and an ability to work closely with portfolio companies. We identify attractive investment sectors from the top down and then work to become a well positioned investor in these sectors. We focus on companies and end markets with sustainable strengths in all economic cycles, particularly ones that are defensive in nature, that are non-cyclical and can maintain pricing power in the midst of a recessionary and/or inflationary environment. We also focus on companies within sectors in which we have significant expertise while typically avoiding investments in companies with end markets that are highly cyclical, face secular headwinds, are overly-dependent on consumer demand or are commodity-like in nature.
Select industries of focus include: business services, financial services and related technology services, education, consumer services, logistics/transportation, media/marketing services, healthcare services/technology, government services, energy/power generation, information technology/services and software.
GBCM was organized and founded by Rakesh K. Jain, who was formerly a senior principal investment professional at several alternative asset management organizations, including Stone Tower Capital/Stone Tower Equity Partners (now part of Apollo Global Management), Citigroup Mezzanine Partners/Citigroup Capital Partners (a division of Citigroup Alternative Investments), a private equity affilated of Goldman Sachs (IFG) and Morgan Stanley & Co.
Mr. Jain has completed over 60 investments representing over $3 billion of private equity and private debt capital and has represented investment funds on the boards of directors of over a dozen private companies.