IFG Asset Management

What IFG Asset Management does

IFG Asset Management, LLC is a privately held boutique investment banking, merchant banking, and asset management firm founded in 2004 and domiciled in Colorado. The firm is structured around four service lines: Investment Banking Advisory (equity and debt capital raising, M&A, due diligence, government funding, restructuring, and refinancing), Merchant Banking (co-investment via special purpose vehicles alongside institutional capital partners for transactions between $20 million and $1 billion), Asset Management (specialized direct private equity funds, co-investment vehicles, and multi-manager programs, anchored by its role as Portfolio Manager of the Landmark Real Assets Fund LP), and Strategic Advisory (in-court and out-of-court restructuring, DIP financing, 363(b) sales, and special situations). Securities products and investment banking services are distributed through BA Securities, LLC, Member FINRA SIPC.

The firm concentrates exclusively on the private Real Assets sector, with stated expertise spanning Food and Agribusiness, Infrastructure and Project Finance, Bioeconomy and Decarbonization Themes (renewable energy, sustainable building materials, waste management and recycling, biofuels, clean technology), and Natural Resources. Underlying technology is not proprietary to IFG itself; the firm's value sits in deal-sourcing relationships, senior-led execution, and a merchant-banking model that aligns the firm as principal co-investor alongside clients. Eric Edwards has committed more than $1.5 billion in capital to rural-based, commodity-exposed businesses since 2002, and the Landmark Real Assets Fund LP is allocated across 12 underlying private equity managers in energy, infrastructure, natural resources, and timber.

Revenue is generated through advisory and transaction fees on investment banking mandates, management fees and carried interest on asset management vehicles (notably the Landmark Real Assets Fund), and principal returns from SPV co-investments. The firm maintains two primary U.S. offices (Denver and Houston), markets a global reach via its limited partner and capital partner network, and serves a mid-market, institutional, and family-office client base. Headcount is reported at 1-10, with Managing Partners Turner C. Smith and Eric Edwards supported by a small senior team, Principal Nathan Haas, an Associate, analyst interns, and a multi-member Investment Advisory Board.

Name

IFG Asset Management

Legal name

IFG Asset Management, LLC

Website

https://ifgcap.com

Company type

Private

Founded year

2004

Operating status

Operating

Headcount range

1–10 employees

Short description

IFG Asset Management is a boutique investment banking, merchant banking, and asset management firm serving middle-market businesses and institutional investors in the private Real Assets sector, including food and agribusiness, infrastructure, bioeconomy, and natural resources.

Ownership category

akta.pro rank

Product category

Investment Banking & Asset Management

NAICS

Portfolio Management and Investment Advice (523940), Securities and Commodity Contracts Intermediation and Brokerage (5231), Other Financial Vehicles (52599), All Other Financial Investment Activities (52399)

SIC

Investment Advice (6282), Security Brokers, Dealers & Flotation Companies (6211)

akta.pro primary industry

Corporate Finance Advisory (Strategic Finance, Capital Structure & Recaps) (FSAEAGAE)

akta.pro secondary industries

Equity Capital Advisory (Private Equity Placements, Growth Capital) (BPAHAOAE), Multi-Asset ESG / Sustainable Allocation Strategies (FSAAAJAK), ESG/Sustainable Investment Advisory (FSAEAAAJ)

Keywords

• Investment banking advisory
• Merchant banking services
• Real assets private equity
• Capital raising services
• Restructuring advisory

Headquarters

HQ city

Rye

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Others

Revenue model

1. Merchant Banking / Principal Investing: IFG serves as both trusted financial advisor and direct investor via co-investment through special purpose vehicles (SPVs), resulting in stronger alignment of interests and long-term value-add. Transactions typically range between $20 million and $1 billion. IFG limited partners gain access to direct private investment exposure on a deal-by-deal basis.
2. Investment Banking Advisory Fees: IFG provides creative investment banking advisory and business consulting solutions to middle-market businesses, including equity capital raising, debt capital raising, government funding, debt restructuring, refinancing, capital structure optimization, acquisition due diligence, and sell-side M&A. Revenue is earned through advisory fees and transaction-related compensation.
3. Asset Management Fees: IFG's asset management business offers specialized direct private equity funds, private equity manager co-investment vehicles, merchant banking direct investments on a deal-by-deal basis, and specialized multi-manager programs in the real assets sector. The firm serves as Portfolio Manager for the Landmark Real Assets Fund LP. Revenue is generated through management fees and carried interest from fund investments.
4. Strategic Advisory / Restructuring Fees: IFG represents distressed companies, boards, C-suite management teams, shareholders, lenders, unsecured creditors, outside investors, and acquirors in both in-and-out-of-court restructuring transactions. Services include new debt and equity financing, DIP financing, asset purchase and 363(b) sales, turnaround business plan execution, and special situations advisory.

Go-to-market motion2 records

Distribution channels3 records

Marketing channels6 records

Core offering

IFG Asset Management is a boutique Investment Banking Advisory, Merchant Banking, and Asset Management platform focused on the private Real Assets sector. The firm provides creative investment banking advisory and business consulting solutions to middle-market businesses, including equity and debt capital raising, government funding, debt restructuring, refinancing, capital structure optimization, acquisition due diligence, and sell-side M&A. It also acts as a direct investor through merchant banking special purpose vehicles for transactions typically between $20 million and $1 billion, and offers asset management services via specialized direct private equity funds, co-investment vehicles, and multi-manager programs (including the Landmark Real Assets Fund LP), in addition to strategic advisory and restructuring services for distressed situations.

Product overview

IFG Asset Management is a boutique Investment Banking Advisory, Merchant Banking, and Asset Management platform focused on the private Real Assets sector. The Firm offers four core service lines: Investment Banking Advisory (creative advisory and business consulting including equity/debt capital raising, M&A, and due diligence), Merchant Banking (financial advisory with direct co-investment via SPVs), Asset Management (specialized private equity funds, co-investments, and multi-manager programs), and Strategic Advisory (turnaround and restructuring services). The Firm also manages the Landmark Real Assets Fund LP, a private equity fund invested with 12 managers in energy, infrastructure, natural resources and timber sectors. IFG's sector expertise spans Food & Agribusiness, Infrastructure, Renewable Energy, Sustainable Building Materials, Waste Management & Recycling, Natural Resources, and the Bioeconomy.

Differentiator

Problem solved

Functional benefit

Brands

• Landmark Real Assets Fund LP: A private equity fund allocated to 12 private equity managers in the energy, infrastructure, natural resources and timber sectors. IFG Asset Management, LLC serves as Portfolio Manager.

Products and services

• Investment Banking Advisory
• Merchant Banking
• Asset Management
• Strategic Advisory
• Landmark Real Assets Fund LP

Quantifiable outcome

• Eric Edwards has committed more than $1.5 Billion in capital to rural-based, commodity-exposed businesses across the United States since 2002.
• +4 more outcomes

Named customers12 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

Six partnerships are on record, tiered core and minor.

• TORXX Kinetic Pulverizer LtdcoreStrategic or Co-development Partner · 21 February 2024TORXX Kinetic Pulverizer Ltd announced IFG Asset Management as its exclusive financial advisor to support strategic growth initiatives and advise on financing alternatives. IFG brings expertise in private sustainable Real Assets with extensive experience in waste management, recycling, and the broader circular economy from working on innovative waste-to-value initiatives. TKP's kinetic pulverizer technology aims to transform waste management and recycling with a best-in-class solution for customers.
• Boundless Impact Research & AnalyticsminorStrategic or Co-development Partner · 1 January 2023IFG Asset Management formed a strategic partnership with Boundless Impact Research & Analytics, a firm focused on research and analytics for the impact investing and bioeconomy sectors.
• BDO Zone Strategic AllianceminorStrategic or Co-development Partner · 1 January 2023IFG Asset Management joined the BDO Zone Strategic Alliance, which appears to be related to biomass or biochemical zone development initiatives.
• HELM AGcoreChannel Partner/ Reseller/ DistributorHELM AG markets Viridis Chemical's 100% biobased ETAC worldwide. HELM is one of the world's largest chemicals marketing companies, with global revenues of EUR 8 billion per year. HELM provides Viridis access to an international sales force across paints and coatings, adhesives, packaging, personal care, food and beverage, and pharmaceuticals industries.
• Water Asset Management (WAM)minorStrategic or Co-development PartnerIFG has worked with Water Asset Management in connection with their private market strategy focused on senior water rights in the Southwestern United States. WAM is one of the first water industry focused investors and is widely recognized as a water industry thought leader.
• BA Securities, LLCcoreStrategic or Co-development PartnerSecurities Products and Investment Banking Services are offered through BA Securities, LLC, Member FINRA SIPC. IFG Asset Management, LLC and BA Securities, LLC are separate, unaffiliated entities. Turner Smith and Eric Edwards are Registered Representatives of BA Securities, LLC.

Scale indicators5 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Piper Sandler: Middle-market investment bank with dedicated clean energy and resources coverage. Comparable to IFG's middle-market advisory practice in energy transition, agribusiness, and infrastructure, though with significantly broader geographic and sector reach.
• Brookfield Asset Management: Global alternative asset manager with a flagship real assets platform spanning renewable energy, infrastructure, and natural resources. Comparable to IFG on the real-assets investment mandate, though at multi-hundred-billion-dollar AUM scale and with primary GP rather than intermediary positioning.
• Moelis & Company: Boutique investment bank providing M&A, restructuring, and capital markets advisory. Similar model to IFG's investment banking advisory and strategic advisory lines, focused on founder-led and sponsor-backed middle-market clients across multiple sectors.
• Houlihan Lokey: Large boutique investment bank with deep restructuring and M&A advisory practices serving middle-market clients. Comparable to IFG's investment banking advisory and strategic advisory/restructuring lines, though at vastly larger scale and broader sector coverage.
• Greenhill & Co. Boutique M&A and restructuring advisor (now part of Mizuho). Comparable to IFG on the boutique advisory model and restructuring expertise, though operating at substantially larger scale and broader sector coverage.
• KKR Real Assets: Major alternative asset manager with large infrastructure, energy, and real estate strategies. Comparable to IFG on the real-assets thematic focus and LP-side investor base, though operating as a direct GP rather than as a boutique advisory and merchant banking intermediary.

Direct peers

• Pollination Group: Boutique advisory and investment firm focused exclusively on climate, nature, and sustainability transactions. Like IFG, it combines strategic advisory with principal investment in real-asset sustainability themes, serving a similar institutional and corporate client base.
• Ecofin: Sustainable and impact-focused investment manager affiliated with Tortoise, offering thematic equity and infrastructure strategies. Comparable to IFG's asset management and ESG-focused advisory practice, particularly in real-assets and energy transition themes.

Emerging players

• Climate Advisers: Boutique advisory firm providing strategic counsel on climate policy, energy transition, and sustainable finance. Comparable to IFG's specialist real-assets and energy transition advisory practice, though more policy-oriented than transaction-oriented.
• South Pole Group: Climate advisory and solutions provider serving corporates, investors, and governments on sustainability strategy. Comparable to IFG on the impact-focused advisory side, particularly in bioeconomy, decarbonization, and clean technology deal sourcing.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/ifg-asset-management

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments3 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about IFG Asset Management