Former members of Evolv Capital LLC have launched boutique investment banking firm Clir Capital LLC that will focus on non-accredited investment offerings.
Clir (pronounced “clear”) Capital said that it specializes in the conceptualization, design and distribution of non-correlated investments to independent broker-dealers and registered investment advisors. The firm partners with institutional asset managers, advising them through the process of diversifying their sources of capital, structuring investment offerings, and marketing them into the IBD and RIA channels.
The Clir Capital team includes executive director Nathan Romero; managing directors Steven Henriksen and Jeffrey Stone; and directors J.T. Carey, Thomas Purpura, and David Gunnels.
“Moving forward we want to establish ourselves as the go-to name for the design and distribution of senior, non-accredited offerings with a finite lifespan,” said Romero. “By appealing to a wider segment of the investing public we feel we can provide our institutional sponsors a more broad-based funding source. This, combined with the focus on seniority and a defined investment time-frame, should lead to a compressed and streamlined fund raising cycle.”
International Assets Advisory (IAA) serves as Clir’s managing broker-dealer.