Bastion LP
Independent diligence for passive investors

Most deals break in the structure, not the market.

Sponsors send you a polished deck and a wiring deadline. Bastion LP screens the deal for the structural flaws that quietly cost limited partners money, and shows you where it breaks before your capital is committed.

No card required for the free scorecard.
The problem

The memorandum is a sales document.

It is written to get you to yes. The risks that matter to a limited partner, where you sit in the capital stack, what happens if the refinance does not land, whether the exit assumes a richer market than the one you bought into, are rarely the parts in bold. Institutions underwrite those. Most passive investors never get to.

What you get

Four tools, one job: protect your capital.

Each one looks at the deal the way a sponsor hopes you will not.

01

Structural review

Score any deal across the six layers where deals actually break, with the specific items that would cost you money and the questions to ask before you wire.

02

Portfolio command center

Track every position against the distributions you were promised, and see which ones are quietly falling behind.

03

Sponsor watch

Confirm a sponsor's SEC entity once, then get told the moment they file. No guessing, no wrong matches.

04

PPM scanner

Upload the private placement memorandum and get the adverse clauses, fee stacking, catch-up, and lockups, in plain language.

Why us

We work for you, not the sponsors.

Bastion LP is not a deal marketplace. We do not earn placement fees on what you invest in, we never steer you toward a deal, and we disclose any relationship that could color a finding. The only thing we are paid to do is find where a deal breaks. Behind every score is a structural model, not an opinion, with the analysis written in plain language so you can act on it.

Pricing

One plan. $147 a month.

Everything above, for every deal you look at, for less than the cost of one bad capital call. Cancel anytime. Start with the free scorecard and upgrade when you are ready.

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