Breakwater Provides Growth Capital to Hamilton Captive Management

Private investment firm supports leading captive insurance manager to help drive continued expansion.

LOS ANGELES, JUNE 2017 – Breakwater Management, LP (“Breakwater”) is pleased to announce the recent closing of a financing transaction to support the continued growth of Hamilton Captive Management (“Hamilton”). Breakwater provided a senior secured term loan through its direct lending vehicle, the Breakwater Credit Opportunities Fund, LP. Based in Los Angeles, Breakwater is a private investment firm that specializes in direct debt and equity investments in leading lower middle market companies.  Breakwater has been investing since 2009 through its Credit Opportunities Fund and co-investment vehicles.

Eric Beckman, Managing Partner at Breakwater, commented: “Peter Strauss has led Hamilton to become a leading captive insurance manager with a highly scalable business model and industry-leading client retention rates.  Breakwater is excited to partner with Peter to help drive Hamilton’s continued expansion.”

Hamilton’s Founder and Chief Executive Officer Peter J. Strauss stated, “Breakwater was a thoughtful and flexible partner in this financing, and we look forward to benefiting from the team’s knowledge as Hamilton executes on its various growth initiatives.”


Breakwater Management is a private investment firm that provides flexible debt and equity capital to growing lower middle market companies. The firm aligns itself with committed management teams, owners, and sponsors, providing creative financing solutions tailored to meet individual borrower needs.  Breakwater’s Managing Partners have over 35 years of private company investing experience and have built the firm on a deep commitment to partnership, integrity and growth.

To learn more about Breakwater, visit or call (424) 777-4000.


Hamilton Captive Management was founded by Peter J. Strauss, and specializes in bringing captive insurance solutions to private companies, high-net worth individuals, and families. Hamilton Captive Management prides itself on its client-centered and customized approach to its growing base of clients.

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Dear friends,

It is with profound sadness that we relay news of the recent death of our partner Saif Mansour. Saif passed away suddenly on October 27th due to an undiagnosed heart condition.

Saif founded Breakwater in 2009 as a young entrepreneur, with the vision of creating an investment firm that reflected his commitment to excellence, integrity, and long-term partnership. He was an incredibly intelligent, energetic, kind, and charismatic person, and a great connector of people who brought joy to everyone who knew him. He was a talented investor, a wonderful friend, and a natural leader.

Saif’s passion for Breakwater was surpassed only by his enormous love for his wife and their two young children. We grieve with them and extend our deepest sympathies to all of his family and friends.

We are heartbroken by this terrible loss but will honor Saif’s memory by continuing to build a firm that reflects his entrepreneurial spirit and core values. May his memory be a blessing to us all.

The Breakwater Family

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