Asset ManagerRIA · CRD 305245SEC-RegisteredPrivate Fund Adviser

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High Trail Capital

High Trail Capital is an investment management firm that was founded in 2019. High Trail has a flexible mandate and utilizes fundamental research, credit...

High Trail Capital

High Trail Capital is an investment management firm that was founded in 2019. High Trail has a flexible mandate and utilizes fundamental research, credit analysis and structuring expertise to tailor creative capital solutions to meet the specific financing objectives of small cap and early-stage public companies across a broad spectrum of sectors.

General information

Firm type

Asset Manager

Year founded

2017

Location

Region

North America

Country

United States

City

Hoboken

Corporate office

Red Bank, NJ, United States

Principals

Scott Carmilani

Founder & Portfolio Manager

Sector focus

Private CreditSpecial Situations

Frequently asked questions

How does High Trail Capital source its deal flow?

High Trail sources opportunities through direct outreach to micro- and small-cap public companies that lack access to traditional bank or syndicated loan markets. The firm's origination model relies on relationship-based sourcing with issuers, their management teams, and a limited network of boutique investment banks and corporate advisors. Because High Trail targets an underserved segment — public companies below $500 million in market cap — it faces limited competition from large direct lenders and regional banks that have retreated from this space since the post-Dodd-Frank regulatory tightening.

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