Hunter Street

What Hunter Street does

Hunter Street Partners is a boutique alternative investment management firm founded in 2018 and headquartered in Wayzata/Minneapolis, Minnesota. The firm provides flexible capital to operating partner teams and lower middle market companies across three investment verticals — Corporate Finance, Real Estate, and Specialty Finance — through three structured solutions: asset-based financings, special situations, and secondary purchases. Hunter Street targets dislocated industries, asset-backed opportunities, and complex situations where capital is scarce because of regulatory, operational, financial, market, or idiosyncratic factors that fall outside narrower bank mandates.

The firm's operating model is built around a network of 150+ operating partner relationships and 100+ intermediary relationships, with co-investment partnerships spanning telehealth and dental support organizations (Healy Capital), residential loan platforms (Rice Park Capital), telecommunications infrastructure (Five Crowns Credit), California real estate repositioning (Mana Investments), and RV park development (Hickory CRE Lending). Documented transactions include senior secured term loans of $11M–$29.8M, build-to-exit platform plays such as All-Star Equipment Rental (acquired 2020, sold to HercRentals 2022), and portfolio acquisitions such as Asset Based Lending. Deal flow is sourced almost entirely through referrals and direct intermediary relationships rather than outbound sales or marketing channels.

Hunter Street monetizes through investment management fees and carried interest on portfolio returns; pricing and fund terms are not publicly disclosed. The team of nine professionals is led by founding partners Neal Johnson (CEO & CIO), Peter Hommeyer (President), Andrew Platt (Partner, Investments), and Jason Hegrenes (COO & CFO), augmented by five senior advisors drawn from Wayzata Investment Partners, Greenlight Capital, Goldner Hawn Johnson & Morrison, Pine River Capital Management, and General Mills. Partners have previously invested over $2 billion of capital and have an average of 21 years of industry experience.

Name

Hunter Street

Legal name

Hunter Street Partners

Website

https://hunterst.com

Company type

Private

Founded year

2018

Operating status

Operating

Headcount range

1–10 employees

Short description

Hunter Street Partners is a Minneapolis-based alternative investment management firm providing flexible capital solutions to operating partners and lower middle market companies across corporate finance, real estate, and specialty finance verticals.

Ownership category

akta.pro rank

Product category

Alternative Investment Management

NAICS

Securities, Commodity Contracts, and Other Financial Investments and Related Activities (523)

SIC

Loan Brokers (6163)

akta.pro primary industry

Independent Sponsor / Fundless Sponsor ETA (FSANALAB)

akta.pro secondary industry

Tail-End / Residual Portfolio Secondaries (FSANAFAK)

Keywords

• Alternative investment management
• Special situations investing
• Asset-based lending
• Private credit solutions
• Operating partner capital

Headquarters

HQ city

Minneapolis

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, Infrastructure

Revenue model

1. Alternative Investment Management: Provides capital solutions to operating partner teams and lower middle market companies across corporate finance, real estate, and specialty finance. Generates revenue through investment management fees and carried interest from portfolio returns.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

Hunter Street is a boutique alternative investment management firm that provides flexible capital solutions to operating partner teams and lower middle market companies across corporate finance, real estate, and specialty finance. The firm delivers asset-based financings, special situations capital, and secondary purchases targeting dislocated industries, complex restructurings, and situations where capital is scarce due to regulatory, operational, financial, market, or idiosyncratic issues. Partners have previously invested over $2 billion of capital with an average of 21 years of industry experience.

Product overview

Hunter Street is a boutique special opportunities investment firm operating as an alternative investment management platform. The firm's product architecture consists of three core investment verticals—Corporate Finance, Real Estate, and Specialty Finance—along with specific investment solutions including Asset-Based Financings, Special Situations, and Secondary Purchases. These products collectively provide flexible and efficient operational and capital solutions across the capital structure to operating partner teams and lower middle market companies, targeting asset-oriented investments in equity or credit opportunities where capital is scarce due to dislocations, complexity, or limited competition.

Differentiator

Problem solved

Functional benefit

Products and services

• Corporate Finance
• Real Estate
• Specialty Finance
• Asset-Based Financings
• Special Situations
• Secondary Purchases

Named customers8 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Eight partnerships are on record, tiered core and minor.

• Mana InvestmentscoreStrategic or Co-development Partner · 12 June 2018Joint venture partnership with California-based real estate investment firm for acquisition and repositioning of Sunset Office Plaza in Livermore, California (The Well at Sunset project).
• Bridges MNcoreStrategic or Co-development PartnerPartnership to purchase single- and multi-family residential properties for individuals with intellectual and developmental disabilities (IDD). Portfolio grew from 22 to 51 properties.
• All-Star Equipment RentalcoreStrategic or Co-development PartnerAcquisition of All-Star Equipment Rental of Naples and subsequent expansion to three Florida locations (Naples, Sarasota, Orlando) to create equipment rental investment platform.
• Asset Based Lending LLCcoreStrategic or Co-development PartnerAcquisition to expand residential loan investment platform. ABL provides fast-bridge financing to real estate investors and has closed loans exceeding $1 billion.
• Kirkpatrick Dental GroupcoreStrategic or Co-development PartnerAcquisition of dental support organization platform with 8 locations in Tennessee and Georgia to build platform across the Southeast region.
• The Wolff CompanyminorStrategic or Co-development PartnerPartnered for senior housing development at The Well at Sunset project in Livermore, CA (128 unit senior housing complex).
• Calson ManagementminorStrategic or Co-development PartnerSale of 9-acre parcel at The Well at Sunset for development of 130,000 square-foot senior housing complex.
• HercRentalsminorOthersSale of All-Star Rents platform (3 Florida locations) to HercRentals, a leading equipment rental supplier with 333 locations in North America.

Scale indicators5 records

Recent moves7 records

Expansion highlights4 records

Emerging players

• Castlelake: Minneapolis-headquartered alternative investment manager with significant asset-based lending and specialty finance capabilities. Geographically and strategically adjacent to Hunter Street, with similar focus on dislocated credit and asset-oriented opportunities across corporate finance and real estate.

Direct peers

• Värde Partners: Global alternative investment firm focused on special situations, distressed, and asset-based investments across credit and equity. Highly comparable to Hunter Street given overlapping mandate and shared talent pedigree (CEO Neal Johnson spent 10 years at Värde, and Managing Directors Carol Racine and Michael Pohl also came from Värde).
• Wayzata Investment Partners: Minneapolis-based alternative asset manager investing in special situations, distressed, and private credit. Highly comparable given shared Minneapolis roots and overlapping mandate; Senior Advisor Steve Adams was a founding Partner and General Counsel at Wayzata.
• CarVal Investors: Global alternative investment manager focused on credit and special situations, with strong capabilities in asset-based lending and loan portfolio acquisitions. Closely comparable to Hunter Street's specialty finance vertical and asset-based financing solutions; Managing Director Sean Rohland previously worked at CarVal.
• Pine River Capital Management: Multi-strategy alternative investment manager with focus on fixed income, credit, and structured opportunities. Closely comparable to Hunter Street's specialty finance and asset-based financings strategy; COO/CFO Jason Hegrenes and Senior Advisor Jeff Stolt both came from Pine River.
• Merced Capital: Special situations and distressed credit-focused alternative investment manager. Directly comparable to Hunter Street's corporate finance and special situations mandate, and Partner Andrew Platt previously opened and ran Merced's London office as Managing Director.
• Whitebox Advisors: Multi-strategy alternative asset manager employing fundamental long/short equity, global credit, and structured products. Directly comparable given overlapping special situations focus; President Peter Hommeyer was previously Head of Business Development at Whitebox.
• Goldner Hawn Johnson & Morrison: Minneapolis-based private investment firm focused on control-oriented equity and special situations in the lower middle market. Comparable to Hunter Street's lower middle market and special situations strategy; Senior Advisor Van Zandt Hawn founded the firm.

Broad incumbents

• Silver Point Capital: Large, established credit-focused alternative investment manager specializing in special situations, distressed, and opportunistic lending. A scaled incumbent operating in overlapping special situations and asset-based finance space where Hunter Street competes.
• Greenlight Capital: Established value-oriented alternative investment manager. While more focused on equities than Hunter Street, it represents a comparable alternative investment brand; Senior Advisor Justin Lepone was previously a Partner and Director of Partner Relations at Greenlight.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles14 records

Funding overview

Funding rounds

Investors

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

M&A1 record

Investments2 records

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

Frequently asked questions about Hunter Street