Lapis invests in the $4 trillion municipal bond market with a focus on stressed, distressed or defaulted issuers.  We invest in both small and large issuances and in all types of municipal bonds.  Lapis offers creative solutions, potentially including a restructuring or a recapitalization, to position a business for long-term success.

Lapis has endeavored to be a trusted source of liquidity regardless of the market environment.  Our team has decades of experience in restructuring and can work with a borrower to facilitate an operational or capital structure reconfiguration.  We are proud of our partnership approach and can be flexible in our investments as it relates to security type, current yield requirements and expected investment hold period.