Government contracting
Contract-backed businesses
Primes and subs with real past performance and a backlog we can underwrite. We are comfortable with SAM registration, CAGE and NAICS positioning, DFARS flow-downs, cleared facilities, and the working-capital gap between delivery and the day DFAS actually pays.
Drones, aerospace & defense
Unmanned systems and the supply chain under them
Airframes, autonomy, payloads, ground control, and the component makers nobody sees. We favor NDAA-compliant hardware, domestic sourcing, and teams carrying a prototype out of SBIR and into a program of record.
Energy infrastructure
Storage, batteries, and virtual power plants
Battery energy storage, distributed generation, and the software and installers that turn thousands of homes into one dispatchable fleet. We know ERCOT, what ancillary services actually clear at, how long an interconnection queue really takes, and what a 4CP summer does to a commercial bill.
Lending & private credit
Secured capital, on an operator's timeline
Short-duration lending where a bank is slow, structural, or simply absent. Bridge loans, asset-backed facilities, and receivable financing against government contracts — underwritten on collateral and cash conversion, closed in weeks rather than quarters.