About Us
Sterling is a merchant bank structuring synthetic exposure to high yield products backed by food and beverage operating assets.
Source of inefficiency
Volatility and friction
Restaurants are structurally prone to failure because revenue volatility collides with a rigid credit market and execution risk.
Our thesis
Explosive upside with engineered risk
With the right structure, F&B exposure can deliver enhanced cyclical upside at a lower Sharpe Ratio.
Our priorities
Value maximization and transparency
We strive to deliver sustainable returns on liquid products through clean reporting and clear accountability.
Mission
Consolidating the global restaurant industry by opening it to sophisticated capital markets.
Underlying composition
The building blocks that shape payout profiles.
Spot and forward equity
Exposure to existing units plus future buildout.
Fixed income
Mezzanine cashflows designed to compress variance and linearize outcomes.
Synthetic rainbow strap
Options portfolio for convex upside plus structured downside protection.
Learn more about our people and work
Explore bios and published analysis.