Castle Hill Capital Partners Quarterly Newsletter: Q2 2026
A Record Quarter for the Castle Hill Platform
We're pleased to share that The Castle Hill Platform delivered the strongest fundraising quarter in Castle Hill's history. Our affiliates raised capital across 8 different strategies and 12 different investors. Allocations ranged from $750k to $100 mln. Strategies represented included three different flavors of specialty private credit, concentrated European event-driven, an anchor investment in a European real estate lending strategy, investments into two commodity trading strategies, and facilitating several pre-IPO opportunities.
We are always asked by managers and allocators alike… “What’s moving?” and “What are investors allocating to?” and unsatisfactorily the answer I always give is “it depends.” We find that a focus on uncorrelated, capacity-constrained strategies where managers have deep experience are always in favor - whether investors have the capacity, cash on hand or bandwidth to evaluate is out of our control. All we can do is to continue to focus on strategies that offer portfolio diversification and alpha generation run by high-integrity teams and keep them updated in a polite, persistent, and helpful manner. Over time, that pays off for everyone.
One highlight worth noting: we had an affiliate raise $150 million this quarter across one strategy and two pre-IPO transactions. Her success offers yet another reminder of what top-tier alternative investment salespeople can do when they run THEIR OWN BUSINESSES! “Control” is one of our central tenets, and we’re thrilled when internal salespeople become entrepreneurs and build successful businesses. We built Castle Hill to offer a platform for such individual success.
-Andrew
New Additions:
After reviewing a number of prospective affiliates, we added three new affiliates in Q2. We continue to focus the platform on active capital raisers with proven track records of capital raising success
Greg Teitel and Todd Nabi of SoMa Bridge Partners Join the Castle Hill Affiliate Platform
Greg Teitel and Todd Nabi co-founded SoMa Bridge Partners in 2025, bringing together more than 50 years of combined experience in financial services and alternative investment sales. The two share a long professional history: both joined SoMa Equity Partners in 2016 as founding members, where Greg served as Managing Director of Business Development and Todd served as a Director of Business Development and Partner. Prior to SoMa Equity, both were Managing Directors of Business Development at Apex Capital.
Their arrival builds on Castle Hill's established West Coast presence, adding depth and new relationships in the region.
Strategy Spotlight: Specialty Finance- Music & Entertainment Lending🎬
Castle Hill has built a platform of uncorrelated income strategies. This quarter, we're highlighting a specialty lender serving the media and entertainment vertical. Castle Hill has worked with this fund since inception - sourcing the institutional anchor investor - and has invested through a related vehicle in 3 of the 4 vintages.
We gravitate toward specialty lending because the strategy targets markets are smaller, less competitive, harder to scale, and too small to be efficiently accessed by the mega private credit platforms. The media market specifically requires IP expertise, industry relationships, empathy for creatives, and robust structuring knowledge. The result is a diversified portfolio across all elements of media/entertainment, each unrelated to the others.
The Strategy has found traction largely with family offices that have built uncorrelated income portfolios to provide diversification against larger private credit allocations.
What We’re Reading:
Shanna suggested a book last month that I had a hard time putting down. Founder Unfriendly offers an insider perspective on the venture capital industry - as a founder, a VC, and an allocator. Each chapter contains more practical wisdom and actionable advice than most books. Of particular relevance to our business is his explanation of what it takes to be “Venture Friendly,” e.g. a good fit for Venture Capital. The TL:DR is that only an extremely small % of private companies meet the target profile for VC. In addition, the author goes through the blocking and tackling of what makes a good pitch, the VC’s motivation, how to manage the process, and when to move on. All great tips to guide founders and capital raisers.
For Castle Hill, the lessons contained have helped us sharpen our selection criteria on private companies - both as investors and introducers. We want to add value and raise capital for every mandate. We can’t get sucked into time-wasting engagements because we did not fully understand the correct investor target market.
Strongly recommend.