Strategy

An architected portfolio of niche segments absent from conventional private equity programs

Seeking uncorrelated, asymmetric durable returns across market cycles

Focus on investments safeguarded by tangible or intangible assets, providing embedded downside protection

Upside potential driven by successful asset repositioning, scale benefits, institutional adoption of segments, and/or industry tailwinds

Cloverlay generally invests $10-50million into private market opportunities at the lower end of the market

Representative Investments
Insurance Reciprocal Exchange
Capitalization for a newly formed reciprocal exchange in the commercial E&S market of its associated attorney-in-fact
Wildfire Aviation
Five model BVC 324 helicopters focused on areal wildfire fighting and humanitarian operations on long term leases
IP License & Royalties
Ownership of the intellectual property rights for the Care Bears, including associated content and licensing royalties
Legal Fee Interests
Platform which directly owns a portion of legal fees tied to eight independent mass tort cases
Broadway Touring Rights
Global owners/operator of theatrical touring rights of renowned established musicals with a track record of profitable global tours
Recording Artists IPCo.
Platform consolidating artist management firms and recording labels (not music catalogs) to create Artist IPCo.’s that maximize and control all artist revenue streams
UK Industrial Outdoor Storage (IOS)
Aggregator that acquires industrial outdoor storage parcels in greater London, emphasizing the area surrounding Heathrow.
Voluntary Carbon Offsets
US focused afforestation platform operating in the voluntary carbon markets that produces afforestation credits subject to long term take or pay contracts
ERC Claims
SPV designed to purchase discounted pandemic-era ERC tax credits from claimholder's looking for early liquidity in advance of the IRS's processing timeline
C-Band Spectrum Licenses
Platform organized to participate in the FCC’s auction for spectrum licenses located in the 3.7-3.98 GHz band

Please refer to Cloverlay’s organizational materials for a complete description of terms. The investments noted above were chosen as a representative sample, not a complete portfolio.