1Sharpe Capital

1Sharpe Capital

Grant Rogers founded 1Sharpe Capital in 2019 with Andrew Reichert, drawing on a credit-origination pedigree shaped at Goldman Sachs and Blackstone's real estate debt platforms. The firm operates from Menlo Park, New York, and Piedmont, positioning itself at the intersection of institutional credit discipline and operational flexibility. The partnership targets real-asset-heavy capital structures where traditional lenders retreat — a posture informed by Rogers' experience navigating post-GFC dislocation. 1Sharpe sources, underwrites and manages investments across three primary asset classes: real estate credit, structured private credit, and special situations. On the real estate side, the firm originates senior bridge loans, mezzanine debt and preferred equity positions collateralized by transitional or value-add commercial properties. Its private credit activities extend to asset-backed lending, structured notes, and select corporate credit opportunities where hard-asset coverage provides a margin of safety. The geographic emphasis concentrates on primary and secondary coastal US markets, with particular density in California and the New York metropolitan area. Confirmed structural approaches include first-mortgage bridge lending, subordinate debt with equity kickers, and discounted loan acquisitions from bank balance sheets. 1Sharpe operates with a lean senior partnership and selectively deploys capital through a combination of its own balance-sheet commitments and separately managed credit vehicles. The firm added a New York office to complement its Bay Area headquarters, reflecting the bi-coastal nature of its origination network. In addition to direct investment, the principals maintain active relationships with structured-credit desks at major investment banks, creating a secondary-market sourcing channel for performing and non-performing loan pools. 1Sharpe's structural distinction lies in its focus on middle-market real estate credit — deals of $10 million to $75 million where bank retrenchment has created a persistent origination gap. Rather than competing with mega-alternatives platforms, the firm functions as a specialized credit boutique that combines institutional underwriting standards with the speed of a partnership. Rogers' direct operator involvement in deal structuring, without the intermediation of a large investment committee, compresses execution timelines in situations where speed to closing determines whether a borrower accepts terms.