Mishpat Capital Management is a specialized alternative investment manager focused in Colombia and selective emerging markets, designed to adapt to ever changing markets and opportunities.
About
Built at the intersection of market dislocations, local expertise, and patient capital, we specialize in legal assets, secured credit, distressed assets, and special situations.
Founded in 2019, the firm pursues opportunities that require specialized sourcing, local execution, and structured-credit expertise. Our experience spans legal-asset finance, secured lending, distressed assets, specialty finance, and infrastructure-linked credit sectors where traditional capital is constrained by complexity, timing, regulation or jurisdiction.
We believe attractive risk-adjusted returns are found where markets remain inefficient: where local relationships, legal expertise, disciplined underwriting, and strong execution matter more than scale. That is where we choose to invest.
The name Mishpat comes from the word mishpâṭ, meaning judgment, rectitude, and right decisions according to law. That principle guides our approach to investing: rigorous analysis, careful structuring, and disciplined execution.
Inception
Offices
Miami
Bogotá
Investment Philosophy
Capital is deployed only when the downside is protected. Every position starts with collateral, enforceability, documentation, counterparty quality, and multiple paths to recovery. Only then do we evaluate the potential return.
Core principles
Mishpat is not a generalist credit manager. The focus is on niche opportunities where specialized sourcing, legal expertise, and local execution provide an advantage, where scale alone does not.
In-country relationships and hands-on approach to transaction execution provide local insight and on the ground capabilities that are difficult to replicate from a distance.
Deployed across legal assets, secured loans, asset purchases, distressed credit, and special situations, tailoring the structure of each investment to the specific opportunity.
Every investment is subject to rigorous third-party diligence, collateral controls, legal review, and ongoing monitoring and reporting.
Strategies
Situations where capital scarcity, legal complexity, collateral value, or timing constraints create an opening for specialized investors.
We provide flexible capital that unlocks liquidity from final, enforceable legal claims. We focus on sovereign-linked obligations and other asset-backed structures where the payor is creditworthy, and the legal outcome has already been determined. These investments are designed to be self-liquidating, with conservative loan-to-value ratios and returns that are uncorrelated with public markets.
We provide structured private credit with a downside-first approach to underwriting. Each transaction is supported by collateral, contractual cash flows, receivables, real assets, or other identifiable sources of repayment. We structure investments for attractive risk-adjusted returns across market cycles, with enforceable security, conservative loan-to-value ratios, and multiple paths to recovery.
We acquire or finance assets where liquidity needs, regulatory pressures, or market dislocations create attractive entry points, often at meaningful discounts to intrinsic value and with identifiable catalysts for monetization.
We pursue idiosyncratic opportunities that require speed, creative structuring, local knowledge, and a clear path to recovery. We focus on situations where complexity creates barriers to entry and disciplined execution can translate those barriers into attractive returns.
Contact
For more information about Mishpat Capital Management, please get in touch directly.