AloStar Capital Finance recently provided a $20 million committed credit facility to McGinty Road Partners (MRP), an opportunistic, absolute value-focused, credit-centric manager.
“As our firm matures and our portfolio of clients grows, this partnership with AloStar will provide the capital needed to maintain this momentum,” said Jeff Leu, president and Chief Investment Officer at MRP. “AloStar took the time to understand our future business goals, and delivered a solution that perfectly aligned with our vision for growth.”
Founded in 2016, MRP deploys capital among three distinct yet interrelated strategies, including equipment finance, loan portfolios and corporate credit. MRP seeks to deliver consistent risk-adjusted returns through the business cycle by way of its flexible multi-strategy approach to investing, as well as a right-sized approach to capital.
“Our team of trusted advisors listened carefully to this client’s needs and crafted a custom capital solution that will allow MRP to continue delivering loans to segments of the market that are underserved by both traditional sources of capital and alternative asset managers,” said Andy McGhee, president of AloStar Capital Finance. “MRP has grown rapidly since its inception two years ago, and we’re pleased to be part of this firm’s ongoing success story.”
BRG Capital Advisors, LLC served as the exclusive advisor to MRP.