Bastiat Partners

What Bastiat Partners does

Bastiat Partners is an independent investment banking and advisory firm headquartered in the Brentwood area of Los Angeles, California. Founded in 2013, the firm advises founders, family offices, institutional investors, and real estate sponsors across four interconnected service lines: primary capital raises (equity and debt), secondary services for liquidity events and recapitalizations, placement services for fund managers, and real estate advisory covering multi-family, light industrial, cold storage, student housing, hospitality, and specialty strategies. The firm combines what it describes as "institutional discipline with the discretion and focus of a boutique," and its six-person team draws on prior experience at leading investment banks and asset managers.

The firm operates on a transaction-fee and advisory-fee revenue model. Engagements begin with direct inquiries through the firm's website contact form and are formalized through engagement letters and definitive documentation; securities transactions are routed through Hollister Associates, LLC, an unaffiliated FINRA/SIPC-registered broker-dealer. Marketing is relationship-led and content-driven, centered on a LinkedIn and X presence plus downloadable proprietary research reports including "Family Offices and the Future of Private Markets" (co-published with Kharis Capital) and "IC/DC: Why Disposition Committees Deserve Equal Power." The firm claims direct working experience with over 300 family offices and self-describes its track record as "B+ Transaction Experience."

Operationally, Bastiat Partners is a small boutique with 6 named team members including Managing Partner Nader Afshar, Managing Director Karan Lall, Executive Director Tushar Modi, and additional Directors, Associates, and an Analyst. The firm holds no parent company, has no disclosed funding rounds, no subsidiaries, and no public listing. Securities activities are conducted under a third-party broker-dealer arrangement, and the firm's Terms of Use (effective 21 January 2026) formalize its no-offer, no-solicitation, and jurisdictional disclosures.

Name

Bastiat Partners

Legal name

Bastiat Partners, LLC

Website

https://bastiatpartners.com

Company type

Private

Founded year

2013

Operating status

Operating

Headcount range

1–10 employees

Short description

Bastiat Partners is an independent, Los Angeles-based boutique investment bank advising founders, family offices, institutional investors, and real estate sponsors on primary capital raises, secondary transactions, placement services, and real estate advisory. Securities are offered through an unaffiliated FINRA/SIPC broker-dealer.

Ownership category

akta.pro rank

Product category

Investment Banking

NAICS

Investment Banking and Securities Intermediation (523150), Investment Banking and Securities Intermediation (52315), Miscellaneous Intermediation (52391)

SIC

Security Brokers, Dealers & Flotation Companies (6211), Investment Advice (6282)

akta.pro industry

PRIMARYFSAEAIAB

Lower Middle-Market Business Brokerage

Financial & Insurance/Financial Advisory, Brokerage & Intermediation/Business Brokerage (Buying/Selling Private Businesses)

SECONDARYBPAJABAH

Special Purpose & Alternative Asset Brokerage

Business & Public Services/Real Estate Services (Brokerage, Property Management)/Commercial Real Estate Brokerage

SECONDARYBPAJABAD

Multifamily Brokerage

Business & Public Services/Real Estate Services (Brokerage, Property Management)/Commercial Real Estate Brokerage

Keywords

• Investment banking advisory
• Capital raise services
• Secondary transactions
• Placement services
• Real estate advisory

Headquarters

HQ city

Los Angeles

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Others

Revenue model

1. Advisory and Transaction Fees: Revenue generated from advisory services including capital raises, secondary transactions, co-investment structuring, placement services, and real estate advisory. As a registered broker-dealer (securities offered through Hollister Associates, LLC, member FINRA/SIPC), the firm earns fees on securities transactions and advisory mandates.
2. Professional Services: Advisory fees for ongoing advisory engagements with founders, family offices, and institutional investors.

Go-to-market motion2 records

Distribution channels1 record

Marketing channels4 records

Core offering

Bastiat Partners is an independent boutique investment bank that advises founders, family offices, and institutional investors on capital raises (equity and debt), secondary transactions and recapitalizations, placement services for fund managers, co-investment structuring, and real estate capital advisory. Engagements are executed through formal advisory mandates, with securities offered through Hollister Associates, LLC, a FINRA/SIPC member broker-dealer. The firm combines institutional discipline with boutique alignment and emphasizes discretion, transparency, and intentional limited-partner introductions.

Product overview

Bastiat Partners is an independent investment banking firm offering a unified advisory service platform rather than discrete software products. The core offering comprises four interconnected service lines: Primary Capital Raises (advising on equity and debt financing), Secondary Services (liquidity events and recapitalizations), Placement Services (capital raising for funds), and Real Estate Advisory (property-focused capital raising). The firm also produces proprietary research publications including the 'Family Offices and the Future of Private Markets' report and 'IC/DC: Why Disposition Committees Deserve Equal Power' to support its advisory work and client education.

Differentiator

Problem solved

Functional benefit

Products and services

• Primary Capital Raises Advisory services for founders and management teams to optimize company capital structures through new equity and debt capital raises, accelerating growth and strengthening balance sheets through tailored and transparent processes.
• Secondary Services Structured solutions for liquidity events, recapitalizations, and shareholder transitions, ensuring transparency, discretion, and stability throughout each step of the transaction.
• Placement Services Capital raising for fund managers across a diverse mix of strategies and vehicle sizes, adding value through intentional limited-partner introductions and differentiated structuring and go-to-market advisory that empowers partners toward self-sufficiency.
• Real Estate Advisory Capital raising for funds and direct investments for real estate sponsors with exceptional track records, covering property types including multi-family, light industrial, cold storage, student housing, hospitality, and specialty strategies.

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• Kharis CapitalminorStrategic or Co-development PartnerCo-published research report 'Family Offices and the Future of Private Markets' with Kharis Capital. This appears to be a research collaboration rather than a commercial partnership. Both firms contributed to the analysis of family office investment trends in private markets.

Scale indicators2 records

Recent moves5 records

Expansion highlights4 records

Direct peers

• Eaton Partners: Global placement agent and fund-raising advisor for alternative-asset sponsors, mirroring Bastiat's placement services and LP-introduction model.
• Park Hill Group: Placement and secondary advisory arm (part of PJT Partners) raising capital for funds and advising on liquidity, directly comparable to Bastiat's placement and secondary offerings.
• Rede Partners: Independent fundraising and strategic advisory firm for private-markets managers, comparable to Bastiat's capital-raise and placement advisory positioning.
• Campbell Lutyens: Independent private-capital advisory firm specializing in fund placement and secondary advisory, directly overlapping Bastiat's placement and secondary service lines for institutional and family-office capital.
• Triago: Boutique advisory firm focused on private-capital fundraising, secondaries, and co-investments, closely aligned with Bastiat's core mandate set and family-office/institutional clientele.

Broad incumbents

• PJT Partners: Independent advisory-focused investment bank offering capital raising, secondaries, and strategic advisory at scale, overlapping Bastiat's model but as a much larger platform.
• Moelis & Company: Global independent investment bank providing capital-raising and advisory services with a conflict-free positioning similar to Bastiat's, but at institutional scale.
• Houlihan Lokey: Independent investment bank strong in capital markets, private funds advisory, and financial restructuring, overlapping Bastiat's advisory and placement activities across a broad portfolio.
• Evercore: Independent advisory-led investment bank offering capital advisory and private-capital services, sharing Bastiat's independent boutique-alignment narrative at far greater scale.

Emerging players

• Setter Capital: Specialized secondaries advisory firm intermediating liquidity in private funds, overlapping Bastiat's secondary services niche though narrower in scope.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights5 records

Customer concentration

• Xx.com/bastiatpartners
• LinkedInlinkedin.com/company/bastiat-partners-llc

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Bastiat Partners