Stratim Capital

Stratim Capital

Stratim Capital was founded in San Francisco by Zachary Abrams, Craig Such, Tom Thompson, and Nicholas Van Loan. The team has worked exclusively in the secondary direct market since 2004, with earlier roots in private equity investing dating to 2000. Before Stratim, the principals founded Lake Street Capital, where they completed 23 investments and generated returns exceeding 2.5x invested capital with a greater than 30% IRR (per firm website). The firm focuses on secondary purchases of individual positions or portfolios ranging from single-digit millions to tens of millions of dollars in transaction size. It buys shares directly from early investors, founders, and executives in venture-backed and privately held companies. The firm’s strategy spans buyout, growth equity, early-stage, and venture generalist deals, but its real structural role is serving as a liquidity provider for illiquid assets. Deal sourcing comes through relationship-driven, non-auction channels, and the firm emphasizes rapid, confidential execution that minimizes disruption to portfolio company management. The founding team has deployed over $100 million of investor capital. The firm operates from a single office at 369 Pine Street in San Francisco. Past investment experience at Lake Street Capital suggests the team is comfortable writing equity checks and managing concentrated portfolios. No separate foundation, real-asset arm, or co-investor club is disclosed. Stratim’s architecture differs from most secondary buyers because it targets small, fragmented positions that institutional secondaries platforms bypass. It does not run fund-of-funds or large-scale strip sales. Instead, it executes tailored, principal-to-principal purchases for sellers who need privacy and speed — a model that sits closer to a specialty merchant bank than a traditional private equity firm.