Everside Announces its New Senior Advisory Committee and Initial Closing
October 2017
Everside recently held an initial close of its committed investment vehicles in the U.S. and Europe. The focus is on providing flexible financing solutions that foster growth and success for small businesses across the United States. As a reflection of this momentum, we have put in place a group of senior advisors that will act as a resource to the firm.
We are honored to announce the addition of Tom Bernard, Todd Maclin, Chuck Royce and John Jenks to the Everside Senior Advisory Committee.
I am excited to be working with the Everside team as I believe they are targeting the most interesting, and at this point in the cycle, undervalued segment of the market: the lower middle market. In addition, the dedicated team has developed a unique approach toward building a truly diversified portfolio of undervalued lower middle market investments across the entire United States. Mr. Tom Bernard: Former Head of Global Credit Business, Lehman Brothers
The Everside team came together with deep and relevant credit investment backgrounds to help investors access the attractive, but underserved lower middle market. They found a unique way to build a diversified platform of investments to generate above average fixed income returns and I am thrilled to be working with the Everside team on all aspects of building their platform. Mr. Todd Maclin: Former CEO, Commercial Banking, JP Morgan Chase & Co.
I believe what Everside is executing on behalf of its investors makes a great deal of sense. Nate and Moritz are bringing a strong investment and origination experience to this marketplace and are helping provide a truly institutional mindset in their partnerships. I look forward to working with them as they grow. Mr. Chuck Royce: Founder, Royce & Associates, value focused mutual fund company
I think Nate and Moritz are building a lasting company with the right skill set, values and partnerships and it is a pleasure for me to be part of this growing institution. I believe the Everside team has created a sustainable investment platform that can provide its carefully selected investors with uncorrelated and attractive risk-adjusted returns. Mr. John Jenks: Former Chief Investment Officer, James Irvine Foundation & State of Alaska
Everside is excited to have these leading figures from the world of credit, banking, value investing and asset allocation involved as part of the team. We are looking forward to the partnership and believe investors will directly benefit from their thought leadership.
Everside is an SEC-registered investment advisor, as well as a SBIC (Small Business Investment Company) license holder based in New York, NY. With over $1.9 billion in assets under management across its funds, Everside partners with leading SBIC managers in the lower middle market through its primary and secondary investing strategies, and also makes direct credit and equity investments in small businesses through its direct investing strategies. As a flexible capital provider, Everside offers debt and structured equity solutions for recapitalizations, acquisitions, liquidity events, and management buyouts.
For more information, please visit us at everside.com.
*This communication is for informational purposes only and is not intended as an offer or solicitation with respect to the purchase or sale of any security or of any fund or account Everside Capital Partners, LLC (the “Adviser”) manages or offers. Although the information provided herein has been obtained from sources which the Adviser believes to be reliable, we do not guarantee its accuracy, and such information may be incomplete or condensed. The information is subject to change without notice and the Adviser has no obligation to update you.
This document should not be the basis of an investment decision. An investment decision should be based on your customary and thorough due diligence procedures, which should include, but not be limited to, a thorough review of all relevant term sheets and other offering documents as well as consultation with legal, tax and regulatory experts. Statements made in this release include forward-looking statements which can be identified by the use of forward-looking terminology such as “may,” “will,” “should,” “expect,” or believe,” or other variations thereon. Certain information contained herein constitutes opinions, intentions, or beliefs of the Adviser, which may be preceded by the terms “belief,” “opinion,” or other similar terms. Such statements of “opinion” merely represent the Adviser’s state of mind and should not be construed as a material statement of fact. Any use of adjectives or superlatives included herein are a good faith opinion of the Adviser including but not limited to language such as “exhaustive,” “superior,” or “leading,” and should not be construed as material statements of fact. Further, other third parties may not agree with the opinions of the Adviser.