Joint ventures offer clients the opportunity to work with Palmer Capital either on a single specific transaction or on a series of opportunities. Palmer Capital is therefore able to combine its local management expertise often with its corporate finance and banking expertise to unlock value in challenging assets.
Clients who have worked with Palmer Capital in this way include banks where previous financing arrangements are in default and local proactive management is needed to resolve the position and create value. In addition Palmer Capital works with institutional investors who have allocated monies to specific “special situation” type mandates. Again Palmer Capital is able to use its local knowledge and management capability to work through either specific or grouped transactions often with a specific form or management theme.
See one of our case studies of a joint venture here.