# Far West Capital Management

Far West Capital Management is an Asset Manager based in Nicasio, United States.

## Overview

- **Organization type:** Asset Manager
- **Headquarters:** Nicasio, United States
- **Region:** North America
- **Address:** Austin, TX, United States
- **Founded:** 2013
- **Assets under management:** Undisclosed
- **Website:** farwestcapital.com

## Regulatory record

- **CRD number:** 135545
- **SEC file number:** 802-91172
- **Registration status:** Registered
- **Reports private funds:** Yes
- **IAPD record:** https://adviserinfo.sec.gov/firm/summary/135545

## About

FAR WEST CAPITAL MANAGEMENT is an exempt reporting adviser in NICASIO, CA. It is based in this location.

## Sectors

- Private Credit

## People

- Cole Harmonson — President & CEO
- Don Stricklin — Chairman

## Questions

### How is Far West Capital funded differently from a private credit fund?

Far West operates as a privately funded balance-sheet lender rather than a third-party LP fund. The principals provide equity capital alongside a commercial bank credit line, meaning the investment committee is risking its own money on every facility it approves. This structure eliminates the duration mismatch and redemption-risk constraints that shape typical private credit funds.

### What industries does the firm focus on, and which does it avoid?

Concentration lies in manufacturing, staffing, government contracting, oilfield services, distribution, and technology services — sectors where receivables are easily verifiable and assignment can be perfected quickly. The firm generally avoids construction financing with progress-billing complexity, healthcare receivables with long adjudication cycles, and consumer-facing receivables.

### What is Cole Harmonson's background in asset-based lending?

Harmonson spent roughly a decade at First Capital, a firm that bought distressed asset pools and later grew a factoring platform. He subsequently ran the factoring division for a regional bank in the Southwest, developing expertise in structured working-capital products during a period when bank regulation was tightening post-2008. He launched Far West Capital in 2013 with that direct experience.

### Does Far West Capital participate in syndicated bank ABL facilities?

Occasionally the firm will co-lend alongside a regional bank when a facility exceeds its balance-sheet appetite. A 2023 partnership created a hybrid vehicle that allows the bank to use Far West's underwriting and monitoring infrastructure while extending additional credit to the borrower via a bank-funded layer, effectively structuring a senior-stretch participation.

## Related profiles

- [Farfin Capital Management](https://altss.com/profile/farfin-capital-management-llc)

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Last updated: 2026-08-14T12:30:00.000Z

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