Bluebell International

Bluebell International ("BBI/LP") is a real estate private equity management firm founded and managed by Rick Lee. The firm is a hybrid — a combination of a hedge fund firm and a private equity firm. It does not do pooled funds. Instead, it builds its investment strategies around each individual investor. BBI/LP invests in real estate development and acquisition such as; resorts, stadiums, healthcare facilities, mixed-use, apartment complexes, shopping centers, renewable energy, power generation facilities, infrastructure projects, and much more. It has developed a project screening process of projects and project sponsors and allocate funds only to select investment opportunities capable of meeting our proprietary underwriting guidelines that contact away underlying investment risks. Rather than tying up the investor’s cash, it uses the investor’s portfolio, in conjunction with established industry standard banking practices, to leverage assets and deploy funds through the means of a clean Stand by Letter of Credit (SBLoC). The SBLoC is a cash equivalent. There is no cash deployment and limited capital lock-up. The investor’s capital never leaves their account — it is simply held through reserve of assets in their own account. It offers a hedge fund model, with the long-term upside of the equity management you typically see in a private equity model. Its financial model offers known short-term returns, mid-term dividend returns, and long-term equity returns with no long-term capital lock-up. The firm combines several industry established processes that our used in one investment transaction. The difference in the model is that it incorporates these industry processes with its proprietary underwriting process, thereby enabling it to assess and contract away risk and provide results. The firm creates a risk mitigation program that is a means to contracting away the events that can lead to potential economic of financial loss from investment. The SBLoC is a default instrument, i.e., payment of last resort. The proprietary underwriting and risk mitigation strategies act as a firewall, a series of defenses that are in place ahead of the SBLoC. The risk mitigation strategies cure a default prior to the SBLoC ever being called. The firm focuses on strategic loan covenants, cash-equivalent narratives, structured derivative and hedge underwriting, traditional and non-traditional insurance coverages, captive programs, and structured contracts that when combined, form BBI/LP’s solutions for eliminating foreseeable risks. BBI/LP completes the Capital Stack, the project sponsor’s equity portion. Recent banking standards have upheld the principles of Basel III and the Dodd- Frank Act, which permit a bank to utilize a clean SBLoC as justification to make a loan against the SBLoC. Therefore, banks can make project type secured loans approaching 100 percent LTC. While a bank may have a limit of 60 to 80 percent LTC when lending on a specific project, the rate at which it can lend against the SBLoC is closer to 100 percent. This allows the lender to take the first position against the project at 60 to 80 percent of the estimated cost and use the SBLoC to lend in the second position to cover the bank’s expectation of sponsor’s equity. ---------------------------------------------- BBI/LP’s proprietary underwriting methodology and risk mitigation strategies act as a firewall, a series of defenses that are in place ahead of the SBLoC. The risk management strategies cure a default prior to the SBLoC ever being called. BBI/LP's Risk Mitigation Strategies & Lines of Defense: > Insurances Structured Contracts > Derivatives & Hedging > Captive Programs & Reinsurance > Strategic Loan Covenants > Cash Equivalent Narratives > Derivatives and HedgingRead more ⏷