Partner, strategy and finance
Built and defended models for institutional allocators, including bottom-up sizing and multi-round dilution work carried through to signature. Leads the model audit and rebuild in phase one.
About
A small firm that has sat on both sides of the table
Escher Capital runs private fundraises for early-stage companies raising between two and twelve million. We take a small number of mandates so each campaign gets attention through diligence and terms.
How we work
- We work on the cause, not the symptom
- A raise that stalls is usually a raise where the argument does not hold. We find out where it fails before an investor does, then fix that.
- We have sat on both sides of the table
- The team has prepared materials for institutional allocators and has run diligence for venture funds. The review is credible because we have been the ones writing the pass memo.
- We take a company where its own network does not reach
- Private family offices do not publish, do not list and do not take inbound. Access to them is built over years and it is the part of this work a founder cannot replicate.
- One raise at a time, to a finish
- We take on a small number of mandates so the campaign gets attention through diligence and terms rather than only at kickoff.
The team
Three partner seats, one per phase of an engagement. You meet the partner who will do the work in the first conversation, and the wider bench is on the advisors page.
Partner, diligence and review
Ran commercial and financial diligence for venture funds and wrote the memos investment committees decided on, including the passes. Runs the adversarial review in phase two.
Partner, campaign and coverage
Maintains the family office relationships and runs the sequenced outreach, warm-introduction mapping and editorial calendar in phase three.
Where we sit
Two convenient locations in New York City. Meetings happen at either, and most first calls happen before anyone travels.
Financial District
25 Broadway
New York, NY 10004
In the heart of Wall Street, a block from the New York Stock Exchange. First meetings and closings happen here.
Midtown
Third Avenue
New York, NY 10022
Amidst the hedge funds on Third Avenue, which is where most allocator meetings are easiest to set.
Where the experience comes from
Escher Capital has worked with over 200 companies on investment campaigns across the last eight years, representing over a billion dollars in aggregate target raise.
Before that, our principals worked inside major asset managers — firms managing up to $250 billion — sitting with institutional investors, sovereign wealth funds and family offices, presenting to them and reporting back to them on how their investments were performing. That is the side of the table most advisers have never sat on, and it is why an adversarial review here tends to find what an investment committee would have found.
Some of the companies we have worked with are run by people who came out of BlackRock and Bridgewater. Those relationships, and the ones across top-tier sovereign wealth funds in Saudi Arabia, the United Arab Emirates and elsewhere, are the reason a campaign here reaches allocators a founder cannot reach alone.
Broker of record
Securities-related activity is conducted through a registered broker-dealer, member FINRA/SIPC, acting as broker of record. Escher Capital is not a registered broker-dealer or investment adviser.
In practice this means the advisory work, the model, the materials and the campaign are ours, and any activity that requires registration is conducted through the broker-dealer acting as broker of record. We say which entity is doing what before an engagement begins.
Nothing on this website constitutes an offer to sell or a solicitation of an offer to buy any security.