The Trefethen Company
The Trefethen Company is a principal investment and advisory platform specializing in structured debt and equity solutions. We focus on industries and assets that generate stable earnings and cash flow, where innovative structuring can unlock a lower cost of capital and enhanced asset values. Our investment capabilities span senior and subordinated debt, preferred equity, sale–leaseback financing, royalty and contract receivable financing, and other tailored structures. We concentrate on sectors such as real estate, intellectual property, retail, infrastructure, natural resources, and long-term contractual assets where ownership and control are durable and enduring.
We target industries where value is derived from hard assets or intangible rights where value comes from long-term use, leases, or contracts, and where hard-asset backing or recurring revenues create a strong foundation for structured financing.
What we do
Our investment approach is rooted in the belief that structure is a powerful tool for value creation. We design and implement investment structures that include senior debt, subordinated debt, preferred equity, sale-leaseback financing, and common equity. Each instrument plays a role in aligning capital with risk, enabling enterprises to fund growth efficiently while protecting shareholder interests.
We strive to maximize shareholder value by using structure to tranche risk appropriately, resulting in a lower weighted average cost of capital (WACC). Through innovative financing solutions and the thoughtful structuring of underlying contracts, we stabilize cash flows, reduce volatility, and enhance predictability. This disciplined approach not only lowers the cost of capital but also improves credit quality and expands access to attractive financing markets.
At the core of our philosophy is the recognition that well-structured risk translates into long-term enterprise value—providing shareholders with both resilience and opportunity.
Advisory services focus on unlocking value through the intelligent structuring of risk. Our advisory services are designed to lower the cost of capital to maximize shareholder value by enhancing the stability and predictability of earnings.
We specialize in the analysis and restructuring of key contractual relationships that drive long-term enterprise performance—including agreements with vendors, landlords, strategic partners, and capital providers. By aligning incentives and reallocating risks to the parties best positioned to manage them, we help our clients create durable cash flows, improve credit profiles, and access capital at more favorable terms.
Our approach goes beyond traditional advisory. We view every contract, lease, and financing arrangement as an opportunity to transform obligations into strategic assets. Through deep financial expertise and a focus on structured solutions, we deliver reduced financing costs, stronger valuations, and greater strategic flexibility.
At the core of our philosophy is a commitment to building long-term enterprise value. By combining rigorous analysis, innovative structuring, and trusted partnerships, we provide our clients with the tools to thrive in capital-intensive industries and navigate complex markets with confidence.
Research & Announcements
Our Platforms
Trefethen Capital Partners
Trefethen’s principal investment vehicle providing structured debt, equity and structured real estate solutions to fund growth, liquidity, and enhance shareholder value. Target industries include retail, branded consumer, intellectual property, natural resources, and real estate.
Trefethen Advisors
The firm’s advisory practice provides a full range of advisory services focused on enhancing and realizing shareholder value. Services include buy-side/sell-side M&A, strategy (risk structuring, aggregation/roll-up strategy, capital markets, AI implementation) and restructuring (lease restructuring and corporate restructuring).
Finetune Media Holdings
Trefethen’s dedicated investment vehicle for music and media, investing in rights, distribution, and strategic roll-ups. The platform focuses on revenue-generating IP assets and adjacent media assets with durable, cultural and cash-flow value.
