Asset Manager

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Structural Capital Partners

Structural Capital Partners is a fund manager based in Menlo Park, US. The firm focuses on Growth investments. It oversees approximately $790 million in...

Structural Capital Partners logo

Structural Capital Partners

Structural Capital Partners is a fund manager based in Menlo Park, US. The firm focuses on Growth investments. It oversees approximately $790 million in assets, with $3.08 million in available capital. The firm has 15 staff, including 13 investment professionals.

General information

Firm type

Generalist

Year founded

2014

Location

Region

North America

Country

United States

City

Menlo Park

Corporate office

Menlo Park, CA, United States

Sector focus

Enterprise SoftwareDigital HealthConsumer TechEdTechFinTechFoodTechCybersecurityPropTechAI/MLMobility & Transportation

Frequently asked questions

Who runs investment decisions at Structural Capital?

Kai Tse founded Structural Capital and leads its investment activities. The firm's website does not publish a separate investment committee or list additional partners, making Tse the sole named decision-maker in public materials.

Does Structural Capital take equity or board seats alongside its loans?

No. Structural positions its capital as non-dilutive growth credit and venture debt. The firm's own materials describe it financing companies 'in a non-dilutive fashion' and with an approach that does not require a board seat, which differentiates its posture from structured equity or revenue-based financing providers.

How does Structural Capital underwrite borrowers without relying on the cap table?

Structural's stated underwriting focuses on the management team and the business itself rather than the identity of equity sponsors or the likelihood of the next round. This operator-first lens lets the firm lean into credits that investor-heavy syndicates might bypass, and it is the reason the firm claims an ability to close facilities in 30 to 60 days.

What types of companies has Structural Capital financed?

The disclosed portfolio spans consumer brands, enterprise software, digital health, edtech, and food technology. Representative names include plant-based meat producer Beyond Meat, behavior-change platform Noom, men's grooming brand Manscaped, edtech giant BYJU'S, and clean-beauty retailer Beautycounter. The firm states it has lent to seed-stage startups and publicly traded companies alike.

Is Structural Capital a single family office or an institutional fund manager?

Structural operates as a generalist asset manager, not a family office. The firm's Altss classification is Asset Manager, and its website frames the business as a fund manager providing credit solutions to growth-stage companies.

What is Structural Capital's known posture on co-investments alongside external GPs?

The firm does not discuss co-investments in its public materials. Structural provides portfolio companies with introductions to equity investors and potential acquirers as part of its value-add, but it does not characterize itself as a co-investor alongside the GPs whose portfolio companies it lends to.

Does Structural Capital disclose its assets under management or total deployment?

No. Structural does not publish AUM or aggregate deployment figures, and no external publication has reported a credible number. The firm's disclosures are limited to a representative portfolio list and qualitative descriptions of its lending approach.

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