A curved glass roof sweeping across open sky, seen from below

A deal is only as strong as the structure beneath it.

Tectum Investments LLC is a private equity, capital structuring and advisory firm based in Miami, Florida. We can structure the capital stack, source the opportunity, and stay in the deal through closing. Founded in 2006, with more than $2 billion in principal transaction experience¹ behind every judgment.

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Tectum

The structure

Common equity

Preferred equity

Mezzanine

Senior debt

Common equity, preferred equity, mezzanine, senior debt. We can work in any layer of it, and in our experience the layers only hold when they are priced as one piece.

The firm

We learned this with our own capital at risk.

Tectum was built as a principal. The firm invested in its own ventures and carried the risk on every one of them, which is a different position to sit in than advising on somebody else's. Nothing here is theory borrowed from a deck.

Today we put that experience to work alongside other people. We can source and acquire, we can develop, we can structure the financing, we can structure the stack for firms that need one, and we can take an equity position with partners. We also advise family offices, institutions and sponsors on the deals in front of them. The discipline has not changed. The capital at risk is now shared.

More about the firm

What we do

Four ways we come into a deal.

Private equity

We can take direct equity positions in companies we believe are positioned to grow. Where we do, the capital at risk is our own. Capital is rarely the hard part. What changes the outcome, in our view, is the structure it arrives in and the terms attached to it.

Financing

We aim to design the capital stack around the business plan rather than force the plan to fit the money on offer. Senior debt, mezzanine, preferred equity, common equity: each layer priced and set with the intention that the whole holds when a year goes badly. Our work is the design of the structure. Where a transaction calls for a placement of securities, the client engages a registered broker-dealer and we work alongside them.

Advisory

We sit on your side of the table. Investment strategy, underwriting, negotiation, market entry and the exit. You keep control of every decision. You just stop making them alone.

Strategic partner

Through our network we can introduce lenders, operators, counsel and service providers we have worked with and would work with again. These are introductions we would not make if we were not prepared to stand behind them.

Approach

We would rather be right about the downside.

Our framework is built to protect capital first and to compound it second. We read a market on its data, not on its narrative, and we structure with the aim that a deal survives the case nobody modeled.

That discipline is also what lets us move quickly when the numbers do work. Adaptability is not a slogan here. It is the reason we are still at the table in markets that turned.

Office towers converging toward a bright opening of sky

Who we work with

The people who call us.

Family offices that want a dedicated advisor Someone accountable on the transaction itself, not a product being sold into it.
Private investors entering a new market or asset class The first deal in an unfamiliar market is usually the expensive one. We work to make it less so.
Institutions and fund managers pursuing strategic growth Structuring, sourcing and execution capacity sized to the mandate.
Founders, developers and sponsors who need oversight or a capital strategy You know the asset. We work on the structure around it.

Why Tectum

What stands behind the work.

More than $2 billion in principal transaction experience¹ Our own capital, our own decisions, and the scars that go with them.
Relationships across capital markets, real estate and technology Built over two decades, and used carefully.
A conservative approach measured on real outcomes We would rather pass on a deal than talk ourselves into one.
Discretion and alignment with long term goals Most of what we do never gets talked about. That is the point.

Bring us the deal you are stuck on.

Send the outline. If we are the wrong partner for it we will say so, and we will usually tell you who is right.

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