December 13, 2017
Dec. 13, 2017 — /PRNewswire/ — HN Capital Partners, LLC (“HN Capital”), an affiliate of Hunt Consolidated Inc. (“Hunt”), has entered into a strategic investor agreement with Pyrrho Capital Management, LP (“Pyrrho”).
Pyrrho has specialized in event driven, cross-capital structure asset management since 2012. The firm is led by Vishal Bhutani, a seasoned investment manager. Under Bhutani’s leadership Pyrrho has navigated diverse market cycles, and excelled in creating a systematic investment process. In addition to a strategic investment, HN Capital aims to enhance Pyrrho’s operations, infrastructure, and portfolio and risk management processes. With the culmination of this transaction, Pyrrho will relocate its operations from New York to Dallas.
“This is a meaningful and positive development for Pyrrho. We’ve had a close relationship with the Hunt organization for several years, and have continuously been impressed by the breadth and depth of their operations. With HN Capital’s sponsorship, and the support of Hunt, I believe we can deliver a strong and sustainable asset management firm,” said Vishal Bhutani, Pyrrho’s Chief Investment Officer.
Hunt had previously seeded managers such as Hirzel Capital and Tålamod Asset Management, and has sponsored over two dozen real estate asset managers over the years. “We are pleased to have Pyrrho as our partner. This transaction creates a strong investing partnership that will create long-term value,” said Vipin Nambiar, managing partner of HN Capital.
About HN Capital Partners
HN Capital is an affiliate of Hunt Consolidated Inc. (“Hunt”), which is a part of the Hunt family of companies directed by Ray L. Hunt, Hunter L. Hunt and Christopher W. Kleinert. HN Capital is an opportunistic private investment manager, looking for unique risk-reward situations in multiple asset classes. HN Capital is managed by Vipin Nambiar, previously a Managing Director at Hunt Investment Group.