Cashmere Capital, LLC

What Cashmere Capital, LLC does

Cashmere Capital, LLC is a privately held, single-family-office-backed investment firm established in 2021 and headquartered in Miami Beach, Florida, with team presence in San Juan, Puerto Rico, and London, United Kingdom. The firm specializes in identifying, acquiring, and developing esoteric niche investments — specifically hidden, lost, or forgotten assets frozen or tied up in defunct and discarded entities created by more than 50 years of corporate mergers, acquisitions, and spin-offs. Its target counterparties are enterprises that may hold predecessor-entity assets with future recoverable value; the firm generates returns by purchasing or licensing rights to these assets, then restoring and reinvigorating them for sale, licensing, or ongoing value capture.

The firm's core capability is a proprietary forensic asset identification process developed by founders Patrick Horsman (Managing Partner) and Russell Gross (CIO), who together bring over 100 combined years of alternative-investment experience, including Horsman's 10+ years managing more than $1B in alt funds and Gross's 18-year JPMorgan tenure overseeing $13B+ for institutional and high-net-worth clients. The team is completed by Rebecca Thimmesch (Asset Manager, London), who manages rights, ownership, and control of acquired assets, and Jargal Byambasuren (Director, Corporate Communications). The underlying technology is human-expert-driven forensic research combined with an internally derived proprietary knowledge base of historical M&A and restructuring activity, rather than automated or AI-driven tooling.

The business model is principal-investor / asset-recovery: Cashmere deploys its own balance-sheet capital (sourced exclusively from the Horsman Holdings family office, with no outside investor money accepted) to acquire rights to identified assets at its own risk, then realizes returns through asset restoration, licensing, sale, or ongoing value generation. The go-to-market is direct outbound enterprise outreach — the firm proactively contacts potential asset holders based on internal research, with no traditional marketing, inbound sales, or intermediary distribution. Revenue is therefore episodic and tied to successful asset monetizations rather than recurring, and no standardized pricing tiers exist; each arrangement is negotiated on an individual asset basis.

Name

Cashmere Capital, LLC

Legal name

Cashmere Capital, LLC

Website

https://cashmere.capital

Company type

Private

Founded year

2021

Operating status

Operating

Headcount range

1–10 employees

Short description

Cashmere Capital, LLC is a family-office-backed investment firm that identifies and acquires rights to hidden, lost, or forgotten assets frozen in defunct entities created by decades of corporate M&A and restructuring activity, targeting enterprises that may hold such predecessor-entity assets for one-off recovery and value restoration.

Ownership category

akta.pro rank

Product category

Alternative Asset Management

NAICS

Other Financial Investment Activities (5239)

SIC

Finance Services (6199)

akta.pro primary industry

Alternative Investments for Private Wealth (Hedge Funds, PE/VC Access, Private Credit) (FSAAABAI)

Keywords

• Esoteric investments
• Asset recovery
• Alternative assets
• Hidden asset acquisition
• Family office investing

Headquarters

HQ city

Miami Beach

HQ country

United States

HQ region

North America

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D

Revenue model

1. Asset Recovery and Value Creation: The firm identifies undervalued or forgotten assets (brands, structures, rights) frozen or tied up in defunct entities. They place capital at risk to acquire and develop these assets, generating returns through restoration and reinvigoration of value. Revenue derived from successful asset recovery, licensing, sale, or ongoing value generation from esoteric niche investments.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels1 record

Core offering

Cashmere Capital, LLC is a private investment firm that identifies, acquires, and develops hidden, lost, or forgotten assets — including discarded brands, structures, and rights — frozen or tied up in defunct entities resulting from 50+ years of mergers, acquisitions, and spin-offs. Backed by a single-family office, the firm places its own capital at risk to restore and reinvigorate these assets, generating returns through asset recovery, licensing, sale, or ongoing value creation from esoteric niche investments.

Product overview

Cashmere Capital, LLC is a single-family-office-backed investment firm specializing in esoteric niche investments. The company does not offer a product-based portfolio but rather operates as a private investment vehicle focused on uncovering and recovering hidden, lost, or forgotten assets — including discarded brands, structures, and assets left behind from decades of mergers, acquisitions, and spin-offs. The firm deploys internally developed forensic research capabilities to identify undervalued overlooked assets, then places its own capital at risk to restore and reinvigorate these assets for profit. Cashmere Capital does not accept money from outside investors.

Differentiator

Problem solved

Functional benefit

Products and services

• Esoteric Asset Identification and Acquisition A service in which Cashmere Capital uses proprietary forensic research to identify undervalued, overlooked, or forgotten assets held within predecessor entities and directly contacts asset holders to make immediate cash offers for the rights to those assets, entirely at the firm's own risk.
• Asset Restoration and Reinvigoration A service whereby Cashmere Capital deploys its own capital to restore, develop, and realize value from identified hidden assets (including discarded brands, structures, and rights) through licensing, sale, or ongoing operations.

Quantifiable outcome

• Over $1B in alternative investment funds managed by Managing Partner Patrick Horsman over 10 years
• +1 more outcomes

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Scale indicators3 records

Recent moves6 records

Expansion highlights4 records

Direct peers

• Gordon Brothers Group: Gordon Brothers specializes in asset valuation, monetization, and disposition for retailers, companies, and financial institutions. Highly comparable to Cashmere Capital in identifying and recovering value from undermanaged, distressed, or discarded corporate assets, though operating more as a service provider than a principal investor.
• Hilco Global: Hilco Global acquires and monetizes distressed and excess assets, including IP, brand, and inventory, across retail and corporate restructurings. Directly comparable to Cashmere's focus on forgotten or discarded brands and rights tied up in predecessor and defunct entities.
• Sherwood Partners: Sherwood Partners is a boutique firm specializing in corporate wind-downs, asset recovery, and disposition of orphaned technology and IP. Comparable to Cashmere in recovering residual value from defunct or restructured entities, though with a tech/IP focus.
• Mackinac Partners: Mackinac Partners is a specialty advisory and asset-recovery firm focused on complex corporate restructurings and asset tracing. Comparable to Cashmere as a smaller, niche firm recovering value overlooked in distressed or defunct corporate situations.
• Stellex Capital Partners: Stellex invests in special situations and underperforming corporate carve-outs and divestitures. Comparable to Cashmere in deploying capital into esoteric, often overlooked corporate assets and structures, though with a private equity fund structure.

Broad incumbents

• Tiger 21: Tiger 21 is a peer membership network for HNW investors focused on alternative investments and private capital allocation. Comparable to Cashmere in the alternatives investing space, though operating as a member community rather than a principal investment firm.
• Kroll: Kroll provides corporate restructuring, asset tracing, valuation, and intelligence services globally. Comparable to Cashmere's forensic approach to uncovering assets tied up in predecessor entities, though primarily as an advisory firm rather than a principal investor.
• FTI Consulting: FTI Consulting's Corporate Finance & Restructuring segment advises on distressed asset recovery, insolvency, and special situations globally. Comparable to Cashmere's corporate restructuring asset-recovery focus as a much larger, services-led incumbent.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/CapitalCashmere
• Facebookfacebook.com/top

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 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 Cashmere Capital, LLC