The $600M Bet on Independent Sponsors
Grant Kornman co-founded NCK Capital as an independent sponsor in 2013, then moved to the capital side with Align Collaborate in 2023. Align now manages $600m+ across 2 dedicated funds and writes $10-40m equity checks into sponsor-led LMM deals. Grant has watched the independent sponsor market evolve from both sides.
More recent episodes
"I Care More About Moats Than Multiples"
Jory Caulkins of Enduring Companies shares how trust, moats, and downside protection drive his investment decisions as an independent sponsor.
Buying at <5x by Mastering Deal Flow
Matt Bodnar shares how disciplined valuations and high-volume deal flow power his strategy for buying sub-5x businesses and building long-term alpha.
The Family Office Independent Sponsor
Jim Bolduc discusses his family office's independent sponsor approach, focusing on retail investments driven by consumer trends and demographic shifts.