Sixth Borough Capital Management
New York, NY, United States
Overview
Sixth Borough Capital Management LLC (“Sixth Borough”), is a multi-stage, event-driven, alternative investment manager. We utilize a fundamental and value-oriented approach to investing, primarily focused on small and mid-cap private and public equities. Our mandate is unconstrained and fully opportunistic, allowing great latitude in our investment universe - spanning multiple sectors, stages of development, and geographies. We pride ourselves on contrarian thought, high levels of conviction, and an enduring investment process bound by exceptional levels of discipline and risk management. We are committed to building a steadfast business rooted in integrity, strong values, and high ethical standards.
- Total investments
- 1
- Lead investments
- 1
- Investments · 12mo
- 0
- Active investors
- 1
Sector focus
- Hedge Funds
- Venture Capital
Investment portfolio
- Municipal Finance Services
Led · Equity · Nov 2021
Municipal Finance & Services Corp. (MFSC) operates AMP, a cloud-based digital payments platform coupled with a proprietary government obligation funding solution offered at zero cost to local governments. The platform is designed to accelerate payments to vendors while allowing local governments to retain cash longer, with the stated goal of expanding participation from minority-, women-, veteran-/disabled-veteran-owned, and other underserved/emerging businesses. MFSC says AMP can help vendors get paid faster, strengthen municipal D&B Paydex ratings, lower processing and reporting costs, and enable reinvestment into local communities. Founded in 2017 and based in Woodbridge, N.J., the company targets the $1.69T U.S. municipal payments market and cites a $50B total available market for AMP. The article notes roughly 22.6K municipalities making core consumable expenditures and average vendor payment cycles of over 75 days, which MFSC aims to address. MFSC has announced strategic private-market partners including Bank of America, AvidXchange, and Apex Solutions Group, and distribution/market-access partnerships with NACo, the U.S. Conference of Mayors, the N.J. African American Chamber of Commerce, and the U.S. Hispanic Chamber of Commerce.
Team
Robert D. Keyser
President/CEO and Chairman