XWARD CAPITAL
Exclusive Access · Aligned Capital · Disciplined Returns
July 2025
By Invitation Only
Strictly Private & Confidential.
OVERVIEW
Xward Capital was founded by a close group of partners who shared a common conviction: that in today’s market, too many alternative investment firms prioritize scale and headlines over discipline and durability. We built Xward to be different — agile, rigorous, and focused on protecting capital while delivering long-term value.
We are a boutique platform to deliver exclusive investment opportunities across private credit, real estate, and business acquisitions — grounded in downside-first discipline, long-term value creation, and deep alignment with our partners.
Market Opportunity
Structural Gap
As banks retreat — creating a >$1 trillion funding gap for SMEs and real estate — rate-driven dislocation is pricing core and hotel assets 15–30 % below replacement cost, while a succession wave sends multi-unit F&B and fitness chains to market, together forging an unusually rich pipeline of mispriced opportunities.
Return / Risk Imbalance
Senior private-credit loans are delivering 12–18 % coupons at ≤65 % LTV; trophy real estate is changing hands at 15–30 % discounts while still throwing off durable cash flow; and buyouts can be secured at 5–7× EBITDA and re-rated to 10×+ post roll-up.
Capital Flow Trend
As pensions and family offices raise alternative allocations to more than 25 % of their portfolios, limited partners now favor nimble deal-by-deal vehicles backed by meaningful GP co-investment and full transparency.
Sources: Preqin 2025, FRB May 2025, CBRE 2025.
Investment Snapshot
Private Credit
Short-term, asset-backed, senior.
Trophy Assets
Core & generational, reposition or develop.
Cash-Flow Businesses
Business buyouts: multi-unit F&B / fitness, operational upside.
12–16 % Target Net IRR
The range reflects deal mix: lower-risk bridge loans clear the 12 % floor; niche, asset-intensive deals push toward 16 %.
Cash Management
Through our strategic partnership with Unity, Xward offers the invitation-only Unity High-Yield Managed Account (Unity HYMA), combining direct access to our senior, asset-backed private-credit deals targeting 12–16 % annualized returns with an FDIC-insured cash sleeve currently yielding 3–4 % per annum.
*Target returns not guaranteed; past performance is not indicative of future results.
Xward Unity Private Credit – Case Study
TSM SMB Financing
A senior, receivables-backed note on SME merchant cash advances, yielding 16 % over 24 months, with 15 % overcollateralization and real-time, tech-driven underwriting plus a daily cash-sweep control.
FAT Whole Business
A junior, asset-backed note collateralized by $30 MM of franchise-royalty cash flows, offering an 18.65 % coupon over a 15-month term with deep subordination.
SCN Receivables
A first-lien, asset-based note secured by a diversified pool of personal-injury medical receivables, paying an 18 % coupon over 24 months, structured with 20 % overcollateralization and 1.08× historical loss coverage.
*All deal terms and coupons are illustrative and based on Unity investor materials; they do not guarantee future performance and are subject to the risks described in the offering documents.
Disclaimer
This presentation is for informational purposes only and does not constitute an offer to sell or a solicitation of an offer to buy any securities or interests in any private fund or other investment vehicle managed by Xward Capital LLC (the “Company”). Any such offer or solicitation will be made only by means of a confidential private placement memorandum and related subscription documents, which must be read in their entirety before investing.
No Guarantee of Returns: All targets, projections and estimates are illustrative and reflect the current expectations of the Company’s management team. They are subject to change without notice, are net of all fees and expenses, and are not guaranteed. Past performance is not indicative of future results, and investors could lose all or a portion of their invested capital.
Forward-Looking Statements: This presentation contains forward-looking statements that involve risks and uncertainties. Actual results may differ materially from those projected.
Confidentiality: This document is strictly private and confidential, has been prepared solely for invited recipients, and may not be reproduced, distributed or used for any other purpose without the prior written consent of the Company. Qualified Investors Only: Interests described herein are available only to accredited or qualified investors who meet the eligibility requirements set forth in applicable securities laws.
Prospective investors should consult their own legal, tax and financial advisors. No Tax or Legal Advice: Nothing in this presentation constitutes legal, tax, accounting or investment advice. Each recipient should consult its own professional advisors regarding the tax, legal, financial and other consequences of any investment. Governing Law: Any dispute arising under or in connection with this presentation shall be governed by the laws of the State of Delaware without regard to its conflicts of law principles.
For Inquiry
Kyle Bao
Managing Director
Phone: +1 213-669-0436
Email: xwardpartners@gmail.com
xwardpartners.com 