Rock Elm Capital Management LLC

Rock Elm Capital Management provides capital-sourcing and structured financing solutions to natural resource companies, including firms in mining and metals, energy, and agriculture, and serves corporate issuers, institutional investors and private funds. The firm operates as an independent sponsor that structures discrete transactions funded by specific investors and may also accept separately managed accounts, though it currently does not manage client assets.

The firm’s investment approach centers on two portfolios: a high-return portfolio that can include senior and subordinated debt, mezzanine, equity and project or pre-production financings, and a trade and commodity finance portfolio focused on short- and medium-term working capital and performance-based financings with no unhedged commodity price exposure. Rock Elm describes a tailored, transaction-specific structuring process supported by a principals-level team with decades of experience across commodity finance, structured finance, derivatives and risk management.

Rock Elm’s fee program includes the common percentage-of-AUM schedule and negotiable terms, but notably also contemplates performance-based arrangements and, unusually for peers in this category, the use of hourly fees for certain services. The firm’s independent-sponsor model for discrete, investor-funded deals, its explicit avoidance of custody and brokerage business, and its disclosure that it presently holds no client assets distinguish its operating profile from many other investment managers.