BEAR CREEK FUND ADVISORS LLC

Thesis

Bear Creek Fund Advisors LLC, established in 2023 and based in Denver, is a Delaware limited liability company registered with the SEC, managing approximately $282.5 million in regulatory assets under management as of December 31, 2025. They may also employ derivatives like total return swaps, interest rate swaps, and credit default swaps for hedging. Bear Creek provides investment advice to privately offered pooled investment vehicles organized under Section 3(c)(7) of the Investment Company Act of 1940. Their investment thesis emphasizes generating excess returns through a disciplined approach to niche markets, leveraging knowledge and relationships to build portfolios with asymmetric risk-return profiles. Key strategies include High-Yield Credit & Lending (primary and secondary market credit investments in illiquid instruments priced at a discount), Private Equity / Special Situations (equity or equity-like investments in undervalued assets and businesses for high absolute returns over longer hold periods), and Customized Fixed Income (generating consistent, tax-advantaged yield). The firm primarily focuses on the United States, with an emphasis on the healthcare and real estate industries, investing in private equity and private debt through direct lending, distressed debt, and special situations strategies.

Related lists

• Series C+ Healthcare investors
• Series C+ investors based in Denver, CO