Coventry Structured Investments

What Coventry Structured Investments does

Coventry Structured Investments, LLC ("CSI") is a Los Angeles-based asset management and consulting firm founded in 2022 by Rasool E. Alizadeh and Derrick J. Hur. The firm specializes in sourcing, structuring, and securitizing "esoteric" or off-the-run assets that mainstream lenders cannot efficiently serve, operating across three investment verticals: Renewables (C-PACE, residential and commercial solar, wind, EVs, biofuels), Agriculture (crop loans, real estate loans, equipment, credit-based solutions), and Opportunistic assets (point-of-sale, aviation, risk transfer, insurance-backed IP). The firm has also extended into healthcare nonprofit financing, notably enabling the 2026 acquisition forming CharterCARE Health of Rhode Island.

CSI's core technology consists of proprietary deal-structuring methodologies, underwriting frameworks, and asset-aggregation platforms rather than software products. It operates a forward-flow residential solar loan acquisition system (sourcing up to $600M in loans from Almika Renewable Finance) and a soft-launched C-PACE origination platform approved in four states. The firm aggregates these off-the-run assets into securitization platforms, retaining equity on both sides of transactions and managing assets post-securitization. The founders' prior experience at S&P, SMBC Nikko, RBC, FortiFi, and Ygrene (where they raised $3.0B+ in debt and equity) underpins the firm's ability to act as its own advisor.

CSI makes money through a mix of asset management fees on AUM, transaction and structuring fees on bespoke deals, mezzanine financing spreads, advisory fees, and equity participation in securitization structures and partner companies. With AUM of approximately $190M as of February 2025 and a stated target of deploying $500M-$1B per year into esoteric assets, the firm monetizes each transaction through a deal-by-deal, negotiated-pricing model with institutional counterparties. The go-to-market is enterprise, founder-led, and relationship-driven — CSI positions itself as the "first phone call" for businesses with complex capital needs, supported by a $100M line of credit from Coalition for Green Capital and conference presence at RE+, SFVegas, and its own Esoteric ABS Seminar.

Name

Coventry Structured Investments

Legal name

Coventry Structured Investments, LLC

Website

https://coventrysi.com

Company type

Private

Founded year

2022

Operating status

Operating

Headcount range

1–10 employees

Short description

Coventry Structured Investments is a Los Angeles-based asset management and consulting firm that structures and securitizes esoteric assets — including C-PACE, residential solar loans, agricultural credit, and healthcare financings — for institutional investors and businesses with complex capital needs.

Ownership category

akta.pro rank

Product category

Alternative Asset Management

NAICS

Securities, Commodity Contracts, and Other Financial Investments and Related Activities (523), Portfolio Management and Investment Advice (523940), Other Financial Investment Activities (5239), Other Investment Pools and Funds (5259)

SIC

Asset-Backed Securities (6189), Investment Advice (6282), Security Brokers, Dealers & Flotation Companies (6211)

akta.pro industry

PRIMARYFSAHAGAC

Structured Credit (ABS/MBS/CLO/CDO)

Financial & Insurance/Hedge Funds & Alternative Investments/Hedge Funds — Credit (Long/Short Credit, Structured Credit)

SECONDARYFSANADAE

Specialty Finance / Structured Credit

Financial & Insurance/Private Equity & Venture Capital/Private Credit / Direct Lending Funds

SECONDARYFSALAFAG

Structured Credit & Securitized Products Investing (RMBS/CRT/IO-PO)

Financial & Insurance/Mortgage & Housing Finance/Mortgage Loan Purchasing, Securitization & Secondary Market (MBS/Whole Loan)

SECONDARYFSAHAJAH

Private Credit — Structured Credit (CLOs, ABS, Private Securitizations)

Financial & Insurance/Hedge Funds & Alternative Investments/Alternative Investments — Private Credit & Direct Lending

SECONDARYFSAEALAK

Structured Finance & Securitization Placement (ABS/MBS/CLO)

Financial & Insurance/Financial Advisory, Brokerage & Intermediation/Placement Agents & Capital Raising Intermediation

Keywords

• Alternative asset management
• Structured finance solutions
• Esoteric asset securitization
• C-PACE financing services
• Mezzanine debt capital

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, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Asset Management and Securitization Fees: CSI earns fees by structuring, aggregating, and securitizing esoteric assets (PACE, solar, agriculture). The firm raises capital through securitization platforms and mezzanine financing, managing assets under management (AUM) for institutional investors. Revenue is generated through transaction fees, management fees on AUM, and equity participation in securitization structures.
2. Consulting and Advisory Services: CSI provides consulting services to businesses with unique or complex capital needs. The firm 'immerses itself in partner businesses' to develop tailored capital solutions. Advisory revenue includes structuring fees and success-based compensation for complex transactions.
3. Equity Investment Returns: CSI makes strategic equity investments in partner companies (e.g., Almika Renewable Finance), generating returns through equity ownership and upside participation in growing platforms.

Pricing tiers

Go-to-market motion2 records

Distribution channels2 records

Marketing channels5 records

Core offering

Coventry Structured Investments is a private asset management and consulting firm that crafts alternative debt and equity funding solutions for businesses with unique or complex capital needs. The firm aggregates, structures, and securitizes esoteric, off-the-run assets (PACE financing, residential solar loans, agricultural credit, opportunistic assets) into capital markets platforms, while providing bespoke consulting and advisory services to specialty finance counterparties. CSI retains equity participation on both sides of transactions and manages assets post-securitization for institutional investors.

Product overview

Coventry Structured Investments (CSI) is an asset management and consulting firm that operates as a single unified offering of alternative funding solutions and advisory services. The company specializes in esoteric situations across three investment verticals: Renewables (PACE, Solar & Wind, EVs & Charging, Biofuels), Agriculture (crop loans, real estate loans, equipment, credit-based solutions), and Opportunistic (point-of-sale, aviation, risk transfer, insurance-backed IP financing). Core products include C-PACE financing for commercial properties, residential solar loans, securitization platforms, mezzanine financing, and consulting services for complex capital needs. The firm also operates an in-development C-PACE origination platform. CSI's approach involves acquiring quality off-the-run assets, aggregating and securitizing them for investors, and managing assets to enhance returns while mitigating risk.

Differentiator

Problem solved

Functional benefit

Products and services

• Alternative Funding Solutions Creative debt and equity funding solutions into niche opportunities with asymmetric risk and return fundamentals, designed for businesses with unique or complex capital needs.
• Consulting and Advisory Services Advisory and consulting services for companies with unique or non-traditional financing needs, including deal structuring and capital markets transactions; CSI immerses itself in partner businesses to develop tailored capital solutions.
• C-PACE Financing Commercial Property Assessed Clean Energy (C-PACE) financing providing long-term, fixed-rate, non-recourse financing for energy efficiency upgrades, HVAC, lighting, water conservation, and solar installations on commercial properties.
• Residential Solar Loan Forward-Flow Program Forward-flow program to purchase, aggregate, and securitize residential solar loans from originator partners (e.g., Almika Renewable Finance), enabling capital markets access for solar finance originators and providing homeowners with solar financing.
• Securitization Platforms Capital markets and securitization platforms for aggregating and securitizing esoteric assets, including renewable (PACE, solar) and agriculture assets, providing institutional investors access to securitized specialty finance paper.
• Mezzanine Financing Mezzanine debt financing solutions for businesses requiring flexible capital structures, often used alongside securitization platforms to bridge specialty finance transactions.
• Healthcare Facility Financing Alternative debt capital for healthcare facilities and nonprofit hospital acquisitions, enabling capital improvements and acquisition financing in competitive healthcare markets.

Quantifiable outcome

• CSI has supported over $2.0 billion in capital formation since founding through securitization platforms, mezzanine financing, and advisory services.
• +3 more outcomes

Named customers2 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Three partnerships are on record, tiered core / flagship.

• Almika Renewable Financecore / flagshipStrategic or Co-development Partner · 1 February 2024CSI entered a forward-flow agreement to purchase up to $600M in residential solar loans from Almika, an innovative power company operating in Texas, Oklahoma, Arizona, and South Carolina. CSI also made a strategic equity investment in Almika. The deal involved a family fund as equity partner and East West Bank as senior lender. CSI helped bring best market practices to Almika's operations and plans to aggregate and securitize up to $600M in assets.
• Rhode Island Infrastructure Bankcore / flagshipStrategic or Co-development PartnerRhode Island Infrastructure Bank is the state hub for financing infrastructure improvements. CSI provided $25.8M in C-PACE financing through the Bank for the Rhode Island Grows greenhouse project. The Bank acts as the program administrator, connecting CSI with borrowers and managing the C-PACE program structure.
• The Centurion Foundationcore / flagshipStrategic or Co-development PartnerCSI served as the financing partner enabling The Centurion Foundation's acquisition of Roger Williams Medical Center and Our Lady of Fatima Hospital, forming CharterCARE Health of Rhode Island. CSI provided debt capital enabling the hospitals to implement critical improvements. CSI worked collaboratively with Centurion and all relevant parties, remaining patient, flexible and committed through the complex transaction.

Scale indicators13 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• CleanFund: CleanFund provides commercial PACE (C-PACE) financing nationwide for energy efficiency, water conservation, and renewable energy projects. It directly competes with CSI's C-PACE origination platform for commercial real estate clients.
• Ygrene Energy Fund: Ygrene is a leading PACE financing provider and the previous employer of CSI co-founder Rasool Alizadeh. Both firms originate, aggregate, and securitize residential and commercial PACE assets, making Ygrene CSI's closest direct peer in the esoteric PACE/securitization space.
• Mosaic: Mosaic is a residential solar financing platform that aggregates and securitizes residential solar loans, directly comparable to CSI's forward-flow acquisition of Almika's residential solar loan portfolio. Both firms operate in the residential solar loan aggregation/securitization niche.
• FortiFi Financial: FortiFi Financial is a specialty finance platform that provides working capital and asset-based lending solutions; it was the previous employer of both CSI co-founders. The firms share leadership DNA, specialty finance expertise, and a focus on underserved, niche credit segments.
• Petros PACE Finance: Petros is a specialty finance company focused exclusively on C-PACE financing for commercial real estate, similar to CSI's C-PACE offerings. Both firms target commercial property owners seeking long-term, non-recourse clean energy financing.
• Renew Financial: Renew Financial is one of the largest PACE financing administrators in the US, financing energy efficiency and renewable upgrades for commercial and residential properties. It competes directly with CSI's C-PACE platform in the same asset class and target customer base.

Broad incumbents

• NewLake Capital Partners: NewLake Capital Partners is a specialty finance company focused on the cannabis industry, providing sale-leaseback financing and securitization exposure to niche/regulated asset classes. While not a direct competitor, it represents the broader publicly-traded esoteric/securitized specialty finance peer set that CSI's institutional investors may benchmark against.
• Pretium Partners: Pretium is a large specialty finance platform focused on housing-related credit, including residential solar and single-family rental assets. As a much larger established player, it competes for institutional capital in securitized specialty finance but at significantly greater scale and broader scope than CSI.
• Blackstone (Real Estate Debt Strategies): Blackstone's Real Estate Debt Strategies arm originates and securitizes commercial real estate debt, including CRE CLOs, and competes for the same institutional investor dollars that fund CSI's securitization platforms. As a broad incumbent, it provides scale and credibility benchmarks but does not focus on esoteric sub-segments like C-PACE or solar loans.

Emerging players

• Coalition for Green Capital (CGC): CGC is a green bank and 501(c)(3) that provides senior capital for clean energy infrastructure projects and is CSI's most strategic capital partner. While CGC is a nonprofit capital provider rather than a direct competitor, it operates in adjacent green/specialty finance and could emerge as a sponsor or co-investor in similar securitization structures.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/coventry-structured-investments

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 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 Coventry Structured Investments