MGG Investment Group Winner

Non-bank lending to businesses is on the rise and is a fertile investment for asset allocators. Describing itself as industry agnostic, MGG Investment Group’s main focus is on North American companies with earnings before interest, taxes, depreciation, and amortization (EBITDA) of $10 million to $40 million, although it occasionally considers smaller and larger companies from time to time. MGG typically provides senior secured debt financings. But its flexible mandate lets it provide specially tailored solutions to meet borrowers’ needs.

It uses third-party service providers to obtain independent valuations of investments and to help assist with due diligence. For its loans, MGG is committed to environmental, social, and governance (ESG) tenets—and will not invest in fossil fuel- or tobacco-related businesses, or those in areas where it sees social injustice. For institutional investors and other limited partners, the firm insists on maintaining an ongoing dialogue, providing full transparency and co-investment opportunities.

Finalists

• Abax Global Capital

• AlbaCore Capital Group

• Canvas Capital

• Kerberos Capital Management

• Napier Park Global Capital