Ovation provides capital and operational oversight to specialty finance companies that are currently underserved by institutional capital sources such as banks.
Our Approach
Ovation provides capital and operational oversight to specialty finance companies that are currently underserved by institutional capital sources such as banks.
Investment Approach
We believe that providing capital to a vetted network of specialty finance companies reduces risk through substantial diversification.
Our stringent underwriting process emphasizes underlying asset performance, stress testing, sensitivity analysis, tail-risk mitigation, and management team assessments.
Initial Investment Analysis
Pre-funding collateral field exam and/or independent appraisal
Historical asset/company performance
Scenario forecasting/modeling/stress testing
Background checks
Reference checks
Regulatory compliance review
Ongoing Investment Monitoring
Monthly financial, collateral, and covenant analysis
Monthly cash reconciliation
Monthly check-ins with borrowers
Quarterly portfolio review
Recurring collateral field exams or updated appraisals
