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 ABOUT US
 TEAM
 DIRECT INVESTMENTS
 FUND INVESTMENTS
 SCHOONER FOUNDATION
 CONTACT US
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Direct Investments Our firm invests in U.S.-based private companies across stage and sector. We focus on quality of management, unit economics and long-term growth prospects, favoring recurring revenue, capital efficiency, and protective moats. We are drawn to out-of-the-box and/or contrarian thinking. We place a high premium on being able to change course and/or respond to special situations without mandate constraints or fundraising concern.
Our approach mixes conservatism with targeted risk-taking. Conservatism because we maintain a value orientation; because we structure investments with an eye toward the downside; because we favor long-term positive trends driven by systemic changes; and because we invest in people we think we can trust even in the most difficult circumstances. Risk-taking because of our preference to look into neglected corners; because of our affinity for special situations; and because of our willingness to double down on investments during short-term difficulties.
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Recent direct investments include: |

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Seventh Generation is recognized as one of the most trusted brands of authentic, safe, and environmentally-responsible household cleaning and personal care products in the world. |

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Zixi is a software technology company enabling instant broadcast quality HDTV over the Internet, with no jitter, packet loss or frame freeze regardless of network conditions. |

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Orthocare Innovations is an orthotics and prosthetics company developing advanced adaptive products that monitor, analyze, and react in real-time to changes in patient physiology, alignment, and gait. |

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Railcomm provides expert rail automation systems focused on improving operational efficiencies for the world's freight and passenger rail industries. |

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Millstone Medical Outsourcing provides outsourcing solutions to medical device OEMs, including contract packaging services alongside innovative warehousing and distribution services. |

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Best Doctors is a disruptive medical management company improving quality of care and lowering medical expenses via insurance products and through embedded solutions in employee benefit programs and third-party insurance policies. |

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SRS Medical addresses significant unmet needs in urology and women's health, including diagnosis of lower urinary tract symptoms and conservative treatment of urinary incontinence. |

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Colo Railroad Builder is a leader in new track construction, rehabilitation and maintenance for railroads and private industry across the United States. |
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