Doonbeg firmly believes that merchant banking should combine the businesses of both capital structuring and financial and corporate advisory to select deployment of the firm’s capital in partnership with our investors and client companies. To that end, Doonbeg has formed a merchant investing platform, Securus Capital Management, LLC (“Securus”). Securus’ initial merchant is Securus Insured Project Funding I, LLC (“SIPF”). SIPF will channel both the firm’s capital and that subscribed by outside investors to specifically support pre-development funding of our project finance business.
Securus Insured Project Funding I, LLC (“SIPF”):
- SIPF intends to raise $100 million to support its issuance of project development loans through a Regulation D offering in the US.
- Securus has invested $3 million+ in capital as equity for pre-development expenses.
- Doonbeg will act as a capital advisor to SIPF for the purposes of structuring and placing the permanent capital to support Securus projects.
- SIPF has pre-qualified projects representing $25 million+ in development loans and has a substantial pipeline in pre-development stage.