FEA Capital

A disciplined, independent sponsor of private credit.

FEA Capital sponsors and manages private credit vehicles for institutional investors, built on a single credit standard, independent operating infrastructure and an experienced team.

Let's talk Our funds

Team experience

25+ years

Institutional finance

$3 billion+

Capital Raised

Global

Cross-border capital deployment

Institutional readiness, compliance and systems.

Allocators underwrite managers on process, infrastructure and people. Our position on each criterion follows.

  1. 01Underwriting rigor and consistency
  2. 02Operational track record
  3. 03Depth of talent
  4. 04Diversification
  5. 05Security
  6. 06Privacy and data protection
  7. 07Transparency and alignment
  1. 01

    Underwriting rigor and consistency

    One credit standard, applied without exception, with named underwriter accountability.

    • Loan sizing is guided by conservative underwriting standards that prioritize financial stability, sustainable cash flow, and the long-term health of the asset.
    • Disciplined underwriting with standardized due diligence, rigorous financial verification, and clearly defined credit and risk criteria.
    • Clear underwriting accountability with disciplined credit standards that remain consistent regardless of deployment pace.
  2. 02

    Operational track record

    Servicing, custody and fund administration are performed for FEA by an independent, institutional-grade servicing partner with decades of experience administering consumer and commercial credit at scale.

    One Million+
    Accounts serviced across consumer and commercial portfolios
    Multiple asset types
    Loan and lease portfolios across specialty finance segments, including equipment, home improvement and consumer credit
    Pools and structures
    Private credit funds, securitizations, warehouse and subscription facilities, with backup servicing mandates
    Decades
    Rating-agency reviewed; SOC 1, SOC 2, PCI DSS and HIPAA audited annually
  3. 03

    Depth of talent

    A multidisciplinary team of seasoned professionals in executive leadership, capital advisory, acquisition finance, credit underwriting, and asset administration, working in partnership with an established origination and underwriting platform.

    Executive leadership
    Fortune 50 leadership, CFO and COO experience
    Capital advisory
    Capital structuring, financing strategy and business acquisition
    Origination and partnerships
    National broker networks, deal sourcing and channel development
    Credit and underwriting
    Acquisition analysis, cash-flow assessment and credit structuring
    Asset protection and administration
    Collateral compliance, financial reporting and loan oversight
  4. 04

    Diversification

    Granular exposure with no single-name concentration.

    • Services
    • Manufacturing
    • Distribution
    • Healthcare
    • Trades
    • Other

    Illustrative allocation across the four axes; not Fund data.

    • Loans across industries, geographies and asset classes.
    • Exposure allocated across pools and tranches; concentration limits set in the fund documents.
    • Loan-level data delivered with every report.
  5. 05

    Security

    Asset-level collateral protection supported by independent oversight, disciplined controls, and transparent administration.

    Security, layer by layerCollateral protectionFirst-priority security interests in financed assets, supported by personal guarantees andappropriate insurance coverage.Independent custodySeparation of asset custody, servicing, and administration to strengthen investor protections.Risk monitoringOngoing collateral oversight, borrower performance monitoring, and proactive risk management.Accountability and controlsIndependent servicing, documented compliance procedures, and transparent reporting with auditablerecords.
    Security, layer by layerCollateral protectionFirst-priority security interests in financedassets, supported by personal guarantees andappropriate insurance coverage.Independent custodySeparation of asset custody, servicing, andadministration to strengthen investorprotections.Risk monitoringOngoing collateral oversight, borrowerperformance monitoring, and proactive riskmanagement.Accountability and controlsIndependent servicing, documented complianceprocedures, and transparent reporting withauditable records.
  6. 06

    Privacy and data protection

    Secure information management supported by controlled access, encrypted systems, and responsible data governance.

    • Secure infrastructure: Protected systems and encrypted data transmission safeguard sensitive borrower and investor information.
    • Controlled access: Role-based permissions and secure document portals restrict access to authorized parties.
    • Independent administration: Investor records maintained through independent administration with appropriate confidentiality safeguards.
    • Data governance: Documented privacy protocols, secure electronic signatures, and auditable information management practices.
  7. 07

    Transparency and alignment

    Transparent reporting, independent oversight, and shared economic interests designed to align all parties with long-term asset performance.

    • Independent reporting: Third-party administration with consistent financial reporting, portfolio performance metrics, and loan-level visibility.
    • Aligned interests: The originator retains a first-loss position, reinforcing disciplined underwriting and shared investor objectives.
    • Financial transparency: Clear visibility into asset performance, cash flow, distributions, and portfolio exposure.
    • Investor accountability: Direct sponsor access, structured communication, and clearly defined governance and oversight responsibilities.

Structure

How FEA's vehicles are held and administered.

Investorscapital accounts,monthly NAVThe Fundpools and tranches,independently auditedFEA Capital, sponsorstructures and managesinvestor point of contactIndependent partiesServicing partnerservicing, backup servicerSOC 1 and SOC 2 auditedCustodiancash and collateraldocumentsAdministratorbooks and records,loan-level dataLoan poolsfirst-priority liens,personal guarantiesOriginatorretains a first-lossposition in each loancapitalsponsorsassets, cash and records held by
Investorscapital accounts, monthly NAVcapitalThe Fundpools and tranches, independently auditedsponsored byFEA Capital, sponsorstructures and manages,investor point of contactheld byIndependent partiesServicing partnerservicing, backup servicerSOC 1 and SOC 2 auditedCustodiancash and collateraldocumentsAdministratorbooks and records,loan-level dataLoan poolsfirst-priority liens,personal guarantiesinterest retained byOriginatorretains a first-lossposition in each loan

Current vehicles

Our funds

Small-business acquisition credit

Small Business Legacy Fund

Exposure to an asset class with limited institutional participation to date: secured, seasoned small-business acquisition loans, diversified across industries, geographies, pools and tranches.

Fund overview

Housing predevelopment and construction credit

Building Tomorrow Fund

Secured real estate credit at the two stages where housing supply is most constrained by capital: predevelopment and construction, diversified across projects, markets and sponsors.

Fund overview

Speak with the sponsor team.

Let's talk