Kestrel Merchant Partners

Investment thesis

Kestrel Merchant Partners focuses on unlocking value in small-cap special situations, investing in companies undergoing transitions. They employ a multi-strategy approach that includes advisory, public equity, private equity, and venture capital.

Focus narrative

Kestrel Merchant Partners invests in small public companies undergoing transitions via the Kestrel Flight Fund. Their investment strategies encompass public offerings, PIPEs, registered directs, bridge funding, mezzanine financing, and venture debt, with a focus on early-stage companies and lower middle market private equity.

Value beyond capital

Kestrel Merchant Partners adds value through strategic advisory services, leveraging their extensive experience in public equity and private placements to guide portfolio companies through transitions and special situations.