Petra Capital

Petra Capital focuses on credit investments backed by intellectual property in the media and entertainment sector. Confirmed collateral types include music publishing rights, recorded music masters, film and television library revenues, and sports-related media contracts. The firm structures senior secured loans, acquires royalty streams, and provides bridge facilities against these predictable cash-flowing assets.

Andy Kurtz serves as both Chief Executive Officer and Chief Investment Officer, directing the firm's investment strategy and credit committee. Peter Smith serves as President. The firm maintains a partner-led structure from its New York headquarters, with investment decisions made by this senior team rather than through a large analyst-driven process.

Petra sources directly from rights holders — music publishers, independent film studios, sports entities, and other IP owners — rather than through broad auction processes run by investment banks. This origination model is built on relationships within the entertainment industry and a reputation for executing complex credit transactions against assets that generalist lenders often avoid due to specialized underwriting requirements.

Petra Capital is primarily a credit investor, structuring debt instruments against entertainment and media intellectual property. The firm provides senior secured loans, royalty advances, and bridge financing. There is no public record of Petra taking equity positions in operating companies; the investment strategy is oriented toward debt and royalty-like instruments with contractual cash-flow streams.

Petra Capital is headquartered in New York and conducts lending primarily across North America and the United Kingdom. Its deal activity has concentrated on US and UK-based media rights holders, reflecting the depth of the music publishing, film, and television markets in those jurisdictions and the legal frameworks governing intellectual property collateral.