ALTERNATIVE INVESTMENT OPPORTUNITIES
Heirloom offers targeted investment solutions to build out or elevate an existing investment portfolio. Click on the different options below to find out more:
Heirloom Funds offer investors access to attractive investments that are difficult to otherwise access and in which Heirloom has a specific edge in implementing. We also invest our own capital in these strategies. The Heirloom Legal Lending Fund is a niche Private Credit strategy which makes loans to US law firms, secured by their assets. It offers the return profile of unsecured or mezzanine loans, with the security of asset-backing at LTVs of >20;%. The Heirloom Alternative Yield Fund is an uncorrelated portfolio of asset-backed and/or income-earning investments that enables investors to add a broad range of Alternatives into their portfolios.
Since 2015, Heirloom’s biggest focus has been sourcing reliable returns that are uncorrelated to the traditional asset classes such as stocks and bonds. To provide access to this source of alternative yield, we created two funds. These funds invest in a diverse portfolio of our favourite opportunities that are highly diversified and designed to perform in all market conditions. A key focus is on asset-backed and/or income producing investments.
The Alternative Yield Fund can be accessed via a Traditional Open-Ended Fund model or our Fixed Return Fund which offers a target fixed return depending on an investor’s chosen liquidity and currency profile.
The Heirloom Legal Lending Fund is a niche private credit fund that lends to reliable counterparties - US based law firms (with a diversified portfolio of cases) in return for a share of their contingent-claim billings. The law firm’s Equity Partners often personally guarantee the loans, adding additional security. LTVs are typically <20%, tenors are 2-4 years, with similar net returns (despite lower gross) and much better cash utilization and multiples of committed capital than traditional litigation finance, in our opinion.
Heirloom’s Co-Investment Pools allow investors to access a specific Heirloom strategy or investment.
By co-investing with Heirloom, investors gain access to our origination, evaluation, structuring, execution and monitoring capabilities, and often share in enhanced economics (lower fees, extra return) that we can negotiate due to combined buying power.
A new pool is generally available every few months, and often they are only open for new investment for 1-3 months.
Our current Co-Investments include:
The Heirloom Helicopter Leasing Pool invests equity and debt in helicopters that are in turn leased out on long-term leases to quasi-governmental counterparties for uses such as air ambulance, police support, infrastructure inspection, etc. These leases are intended to provide stable cash flow despite what is happening in the broader economy, while the helicopters provide hard-asset backing.Learn more about Helicopter Leasing Pool
ALTERNATIVE PRODUCTS AND SERVICES:
Heirloom works with investors and advisors to create tailored investment solutions to diversify or strengthen an existing investment portfolio. These include customized Managed Accounts or Bespoke Advisory services.
Heirloom’s Managed Accounts are tailored to an investor’s specific parameters (risk, return, income, geography, liquidity, certain strategies, etc.), and comprised of our top alternative strategies.
Heirloom can also undertake specific bespoke services. This could include evaluating a potential investment opportunity requiring specific expertise, performing an investment review to highlight any potential areas of risk, sitting as an independent member of the Investment Committee to provide unbiased advice in a non-competitive manner to any existing resources, or establishing an Investment Committee if one does not yet exist.