Special Situations Investing

Special Situations Investing-big

Creative Capital for
Complex Special Situations

Serengeti identifies and executes high-conviction, opportunistic investments in complex situations where traditional capital sources step back.

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The Opportunity in Special Situations

In dynamic markets, many of the most compelling opportunities fall outside of traditional investment mandates. Unconventional assets, sector dislocations, restructurings and other complex situations frequently offer asymmetric risk/reward for capital providers who can move decisively and structure creatively.

That gap is where our Special Situations strategy operates. We believe that flexible capital and differentiated origination and underwriting allow us to seek high-yielding high-conviction opportunities. We put capital into situations where structuring and diligence create value for the company and for investors.

What We Target

Our Special Situations strategy focuses on a range of opportunistic and complex situations, including:

  • Founder-led businesses seeking growth or transition capital

  • Fundamentally sound companies facing temporary distress or liquidity pressure

  • Royalties, media rights, and other asset streams;

  • Complex capital structure solutions;

  • Claim monetization and related financings, including mass tort and other legal claims where capital can provide liquidity against expected outcomes
We deploy flexible capital across the capital structure tailored to the specific situation.

Representative Companies

Select companies where Serengeti Asset Management participated in special situations investment opportunities.

This display is intended solely to illustrate Serengeti’s investment history and sector focus. The inclusion of these companies does not constitute an offer to sell, or a solicitation of an offer to buy, any security or investment advisory service. Furthermore, the companies listed have not endorsed, sponsored, or recommended the advisory services of Serengeti/Rochefort]. No assumption should be made that any of the investments identified were or will be profitable, or that future investments will equal the performance or track record of the companies listed. Visitors to this website should not rely on this information when making any investment decision.

Our Approach

Deep industry and professional relationships provide access to off-market and relationship-driven opportunities that rarely appear in competitive processes.

Key Benefits

Companies facing complex or non-standard situations often find that traditional capital sources are constrained by mandate, timeline, or risk appetite. Serengeti offers:

  • Flexible capital when conventional sources step back — Solutions tailored to situations that fall outside standard credit or private equity boxes.
  • Speed and decisiveness — Ability to move quickly on complex transactions.
  • Minimized dilution where possible — Preference for debt and structured solutions that preserve ownership for founders and existing shareholders.
  • Sector familiarity — Experience across technology, financial services, media, and defense-related businesses.
  • Partnership mindset — Long-term orientation focused on sustainable outcomes rather than short-term financial engineering.

Why Serengeti for Special Situations

Serengeti Asset Management brings a combination of experience, flexibility, and discipline to complex situations:

  • Nearly two decades of opportunistic investing experience — Deep familiarity with the dynamics of special situations and the structures that work in practice.
  • Creative problem-solving — Willingness and ability to design solutions that address real company needs while protecting investor capital.
  • Disciplined underwriting and risk management — Every opportunity is evaluated with a clear focus on downside scenarios and realistic paths to liquidity.
  • Proven execution in complex environments — Track record of completing transactions that require judgment, structuring skill, and patient capital.
  • Alignment of interests — Structures designed so that investor returns are tied to successful outcomes for the underlying businesses and situations.

Frequently Asked Questions

We look at carve-outs, founder-led and non-sponsored businesses, sound companies under temporary liquidity pressure, sector dislocations, complex capital structures, and claim monetization — including mass tort and commercial litigation claims.

CONFIDENTIAL INQUIRIES

Have a transaction or looking to invest?

Founders, shareholders and intermediaries can send opportunities directly to our investment team. Accredited investors and Qualified Purchasers can learn how Serengeti’s strategies may be relevant. All inquiries are treated confidentially.

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Disclaimers: For accredited investors only. This is not an offer to sell securities. All financing is subject to eligibility, due diligence, and final approval.