Strategies

  • 23andme
  • affirm
  • allica bank
  • athora
  • better
  • coinbase
  • compass
  • confluent
  • delos
  • divergent
  • docker
  • doordash
  • figure
  • fzsport
  • giphy
  • gitlab
  • grasshopper
  • joby aviation
  • kaseya
  • liga1
  • lumithera
  • meltwater
  • metromile
  • palantir
  • procore
  • oscar
  • planet
  • reddit
  • samsara
  • segment
  • servicetitan
  • snowflake
  • sofi
  • trgp
  • veeam
  • yoti
  • zoox
Shareholders and employees of private companies often struggle to access the value of their holdings. Traditional solutions are far from ideal, leaving employees with limited and costly choices: pay out-of-pocket, forfeit the value of their options, or sell their shares.

These options carry a high opportunity cost, especially if the stock’s value increases over time.

We offer a better alternative. Our solution provides capital to shareholders and employees of leading late-stage growth companies, using their stock as collateral, allowing them to unlock liquidity for life’s immediate needs. We source through a number of origination parties, including an exclusive right-of-first-refusal with Secfi, Inc.

This structured product can provide investors exposure to hard-to-access, pre-IPO companies. In addition, the equity and debt-like attributes can protect our investor’s capital in a downside scenario, while also participating in the upside of the company, assuming the stock performs well.

Through this product we have helped employees at over 125 different large technology companies with their liquidity needs.

Businesses poised for growth often face challenges in securing the capital they need to execute their transformative business plans. Traditional lending options tend to focus on larger facilities for well-capitalized companies, leaving many middle-market businesses underserved.

We focus on providing tailored debt solutions to complex and generally non-sponsored middle-market companies undergoing transformative events. These businesses often face limited options: accept highly dilutive equity investments or struggle to access traditional lending sources.

We offer a better path. Our capital solutions enable businesses to complete their transformations, scale their operations, and unlock opportunities to secure more favorable, long-term financing.

By targeting industries that have reached sufficient scale and developed substantial supply chains, customer bases, and recurring revenue streams, we are able to underwrite loans to our rigorous standards.

Our approach allows us to provide capital to companies with proven technologies and commercial viability, even if they have yet to achieve bottom-line profitability. By leveraging contracts and recurring revenue streams, we can extend credit where traditional lenders cannot, helping businesses achieve their full potential.


ROCHEFORT
In 2024, Serengeti and Kyle Bass’ firm, Hayman Capital Management, launched Rochefort Management, a Serengeti-affiliated advisor approved by and working with the Department of Defense and Small Business Administration to finance the growth of businesses critical to our country’s national and economic security.
Learn more →

We provide capital to lawyers and law firms to source and represent plaintiffs involved in litigation, with recovery contingent on the success of the underlying lawsuit and a share of the financial recovery.

We target attractive verticals like mass tort, appellate finance and commercial litigation.

Litigation finance is generally uncorrelated from broader market movements, and, relative to other uncorrelated strategies, offers our investors an attractive return profile.

Our firm specializes in special situation investments, targeting unique opportunities across sectors where disruption, transformation, or complexity creates value. Many of these opportunities originate from our financing platforms, which provide differentiated access to compelling deal flow. We bring deep expertise in financial services, software, defense-tech, and sports and media rights. By combining our proprietary sourcing advantage with operational insight and a long-term partnership mindset, we unlock value others often overlook.
Private Stock Finance
Shareholders and employees of private companies often struggle to access the value of their holdings. Traditional solutions are far from ideal, leaving employees with limited and costly choices: pay out-of-pocket, forfeit the value of their options, or sell their shares.

These options carry a high opportunity cost, especially if the stock’s value increases over time.

We offer a better alternative. Our solution provides capital to shareholders and employees of leading late-stage growth companies, using their stock as collateral, allowing them to unlock liquidity for life’s immediate needs. We source through a number of origination parties, including an exclusive right-of-first-refusal with Secfi, Inc.

This structured product can provide investors exposure to hard-to-access, pre-IPO companies. In addition, the equity and debt-like attributes can protect our investor’s capital in a downside scenario, while also participating in the upside of the company, assuming the stock performs well.

Through this product we have helped employees at over 125 different large technology companies with their liquidity needs.

Rochefort and Direct Lending
Businesses poised for growth often face challenges in securing the capital they need to execute their transformative business plans. Traditional lending options tend to focus on larger facilities for well-capitalized companies, leaving many middle-market businesses underserved.

We focus on providing tailored debt solutions to complex and generally non-sponsored middle-market companies undergoing transformative events. These businesses often face limited options: accept highly dilutive equity investments or struggle to access traditional lending sources.

We offer a better path. Our capital solutions enable businesses to complete their transformations, scale their operations, and unlock opportunities to secure more favorable, long-term financing.

By targeting industries that have reached sufficient scale and developed substantial supply chains, customer bases, and recurring revenue streams, we are able to underwrite loans to our rigorous standards.

Our approach allows us to provide capital to companies with proven technologies and commercial viability, even if they have yet to achieve bottom-line profitability. By leveraging contracts and recurring revenue streams, we can extend credit where traditional lenders cannot, helping businesses achieve their full potential.


ROCHEFORT
In 2024, Serengeti and Kyle Bass’ firm, Hayman Capital Management, launched Rochefort Management, a Serengeti-affiliated advisor approved by and working with the Department of Defense and Small Business Administration to finance the growth of businesses critical to our country’s national and economic security.

Learn more →

Litigation Finance

We provide capital to lawyers and law firms to source and represent plaintiffs involved in litigation, with recovery contingent on the success of the underlying lawsuit and a share of the financial recovery.

We target attractive verticals like mass tort, appellate finance and commercial litigation.

Litigation finance is generally uncorrelated from broader market movements, and, relative to other uncorrelated strategies, offers our investors an attractive return profile.

Special Situation Investments
Our firm specializes in special situation investments, targeting unique opportunities across sectors where disruption, transformation, or complexity creates value. Many of these opportunities originate from our financing platforms, which provide differentiated access to compelling deal flow. We bring deep expertise in financial services, software, defense-tech, and sports and media rights. By combining our proprietary sourcing advantage with operational insight and a long-term partnership mindset, we unlock value others often overlook.
23andme
affirm
confluent
affirm
affirm
gitlab
affirm
metromile
procore
oscar
samsara
ServiceTitan
affirm