Entrepreneurial Growth Companies
At Patriot 28 we find and invest in entrepreneurial growth companies that are reaching an inflection point in growth and revenue. Every company has a history and we look for companies that are on the precipice of not only becoming profitable but increasing their stock price geometrically. Traditionally, these companies have been undiscovered or are not followed by the mainstream markets and are therefore undervalued. We believe in management and boards that have a solid ownership position and are “all in” putting their time and their treasure on the line. By conducting rigorous due diligence on each company through our in-house analysts, visiting the company, and asking the tough questions; we are able to find just the right opportunities. Once invested, we seek to protect our investment by lending our knowledge and advice or sitting on the board of a company when our position dictates it is prudent. The management of this fund has significant experience working with small public companies. From working with them on the inside as founders, to roles in corporate governance, and in research – Patriot 28 has the right experience and know-how. We speak the language of entrepreneurial growth companies – and we have lived it!
A life settlement is a financial transaction in which the owner of a life insurance policy sells a policy to a third party for more than its cash value and less than its face value. Until the last decade, if a policy owner opted out of a policy by surrendering the policy or allowing it to lapse, the additional value was relinquished back to the issuing life insurance company. In some cases, an insured’s health may have declined since the policy was issued and the policy may be worth considerably more than the surrender value. The life settlement industry in the United States is a byproduct of the U.S. Tax Code and its resulting estate tax. Many concerned insureds are worried about being forced to sell their family business or family estate as a ramification of the “death tax”. These insureds tend to over insure in their sixties. As they move toward later life these individuals are often are carrying large premiums that become a substantial burden on their fixed income. So they often decide to sell their policy to eliminate the burden of the premium. This becomes a consumer choice between giving up the policy for its cash value – which is relatively low or selling it in the secondary market. The Patriot Bridge and Opportunity Fund 1 and 2 have and continue to build a portfolio of these policies.