MidOcean Partners LLP
MidOcean Partners is a New York-based alternative asset manager founded in 2003 managing $11BN+ across middle-market private equity, alternative credit, and structured capital solutions for institutional investors.
- Company typePrivate
- Founded2003
- HeadquartersNew York, United States
- Headcount—
- GTM typeB2B
- OfferingServices
What MidOcean Partners LLP does
MidOcean Partners LLP is a New York-based alternative asset manager founded in 2003 that invests through three integrated strategies: Private Equity, Credit, and Structured Capital Solutions. The Private Equity business targets middle-market companies (typically $20-100M revenue or up to $50M EBITDA) in consumer and business services sectors using a theme-driven, sector-focused approach supported by 25+ dedicated operating partners. The Credit business, operated through MidOcean Credit Partners, runs opportunistic credit funds (Tactical Credit Fund III closed at $765M in June 2024), collateralized loan obligations (approximately $1.5B across four vehicles and a $300M inaugural CLO Equity Fund), and customized separately managed accounts. Structured Capital Solutions, launched in 2024, provides non-control capital such as the $197.5M EquipmentShare structured equity transaction (January 2025) and up to $600M in home equity purchases from Point (December 2025). MidOcean's go-to-market combines direct deal sourcing by investment professionals and operating partner networks with strategic partnerships such as MPearlRock (a January 2024 collaboration with Kroger and 84.51° leveraging retail data science for emerging CPG brands in the $30-100M revenue range). Fundraising is conducted through direct institutional investor relationships — pension funds, endowments, sovereign wealth, and family offices — with the firm's sixth private equity fund closing above $1.5B in April 2023. Revenue is generated from management fees (typically 1.5-2% on committed capital during the investment period, declining thereafter) and carried interest (typically 20% above hurdle) on realizations, plus structuring and credit-related fees; the firm manages $11BN+ in assets under management and reports a 25-year track record across multiple market cycles.
MidOcean Partners LLP firmographics
Firmographics- Name
- MidOcean Partners LLP
- Legal name
- MidOcean Partners, LP
- Website
- https://midoceanpartners.com
- Company type
- Private
- Founded year
- 2003
- Operating status
- Operating
- Short description
- MidOcean Partners is a New York-based alternative asset manager founded in 2003 managing $11BN+ across middle-market private equity, alternative credit, and structured capital solutions for institutional investors.
- Ownership category
- akta.pro rank
MidOcean Partners LLP industry classification
Industry- Product category
- Private Equity and Alternative Asset Management
- NAICS
- Portfolio Management and Investment Advice (523940), Other Financial Investment Activities (5239)
- SIC
- Investment Advice (6282)
- akta.pro primary industry
- Middle-Market Lending (FSANADAI)
- akta.pro secondary industry
- Private Credit / Direct Lending (FSAAAHAG)
Keywords
Where MidOcean Partners LLP is headquartered
LocationHeadquarters
- HQ city
- New York
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
MidOcean Partners LLP business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D
Revenue model
- Private Equity Management: Management fees from private equity funds (typically 1.5-2% of committed capital) and performance fees/carried interest (typically 20% of profits above hurdle rate). Sixth PE fund raised over $1.5 billion.
- Alternative Credit Management: Management fees from credit funds including CLO equity and tactical credit strategies. Tactical Credit Fund III raised $765 million. CLO issuance totaled $1.5 billion across four vehicles.
- Structured Capital Solutions: Non-control capital investments providing creative financing solutions to middle-market companies. First investment made in GridHawk.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Multi-year contract | Institutional Fund Investment |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels5 records
MidOcean Partners LLP product offering
Product offeringCore offering
MidOcean Partners is a private equity and alternative credit asset manager that invests in middle-market companies in consumer and business services sectors. The firm manages over $11 billion in assets through Private Equity, Alternative Credit, and Structured Equity strategies, raising institutional funds such as its sixth private equity fund ($1.5B+) and third Tactical Credit Fund ($765M). It partners with founders and management teams to provide growth capital, operational expertise, and acquisition support, while charging management fees and carried interest to institutional investors.
Product overview
MidOcean Partners LLP is a premier New York-based alternative asset manager offering three core investment strategies: Private Equity (targeting middle-market companies in consumer and business services), Credit (alternative credit strategies including opportunistic credit funds, CLOs, and structured solutions), and Structured Equity (non-control capital solutions for middle-market companies). The firm manages $11BN+ in assets under management across these strategies, serving institutional investors and partners.
Differentiator
Problem solved
Functional benefit
Brands
- MidOcean Tactical Credit Fund III: Third opportunistic credit fund targeting mid-sized direct lending, stressed, distressed and dislocated performing investments
- MidOcean Credit Partners
- MPearlRock
Products and services
- Private Equity (MidOcean Private Equity) Private equity fund strategy focused on middle-market companies in consumer and business services sectors. Combines theme-driven sector focus, engaged operating resources, and collaborative partnerships with founders and leadership teams. The sixth fund raised over $1.5 billion.
- Alternative Credit (MidOcean Credit) Alternative credit investment management including opportunistic credit funds, Collateralized Loan Obligations (CLOs), and customized separately managed accounts. Leverages specialized credit research and MidOcean's broader platform. Tactical Credit Fund III raised $765 million in June 2024 and CLO Equity Fund surpassed $300 million in December 2024.
- Structured Equity (Structured Capital Solutions) Non-control creative financing solutions and structured capital for middle-market companies, combining debt and equity characteristics. Provides flexible capital structures, growth financing without dilution, and recapitalization options. Examples include a $197.5M structured equity investment in EquipmentShare (2025) and investments in Emergency Care Partners and Point.
- MPearlRock (CPG Investment Platform) Strategic CPG investment platform formed in partnership with Kroger and PearlRock Partners, leveraging 84.51° retail data science to identify emerging consumer packaged goods brands with $30-100M annual revenue for investment.
Quantifiable outcome
- Zonda achieved more than 50 consecutive quarters of year-over-year ARR growth
- +3 more outcomes
Companies that use MidOcean Partners LLP
Customer profileNamed customers8 records
Segments4 records
Ideal customer profiles2 records
MidOcean Partners LLP technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
MidOcean Partners LLP partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered core.
- Kroger (PearlRock Partners)coreFormation of MPearlRock, a strategic collaboration between MidOcean Partners and Kroger's consumer product investment platform PearlRock Partners. The collaboration combines MidOcean's private equity expertise with Kroger's retail experience and 84.51° data science capabilities to identify and invest in emerging CPG brands with $30-100M annual revenue.
- 84.51°coreKroger's retail data science and insights subsidiary providing consumer analytics to MPearlRock platform for identifying emerging CPG investment opportunities and understanding consumer purchasing patterns.
Scale indicators12 records
Recent moves8 records
Expansion highlights6 records
MidOcean Partners LLP competitors and assessment
Company assessmentDirect peers
- Audax Group: Middle-market private equity firm pursuing control buyouts in business services and consumer-related companies, with a comparable fund-size and operating-resource approach.
- Lightyear Capital: Middle-market private equity firm focusing on financial services and business services, with a similar fund profile and operating-partner engagement to MidOcean.
- Stone Point Capital: Middle-market private equity firm concentrating on financial and business services, with comparable fund size and an institutionally focused LP base that mirrors MidOcean's investor profile.
- Levine Leichtman Capital Partners: Middle-market private equity firm investing across consumer and business services; it sold Smith System to MidOcean, underscoring direct overlap in deal sourcing and investment themes.
- Madison Dearborn Partners: Long-established middle-market private equity firm with comparable sector focus on business services and consumer, making it a natural strategic peer for deal flow and fundraising.
- A&M Capital Partners: Middle-market private equity investor that hires from and competes with MidOcean's team (e.g., Joe Dentici), with a similar consumer and business services focus.
- New Mountain Capital: Middle-market private equity firm focused on defensive, growth-oriented sectors with a similar fund-size profile and operating-partner model, making it a closely comparable middle-market sponsor.
Broad incumbents
- Carlyle Group: Global alternative asset manager with middle-market U.S. private equity operations that overlap with MidOcean's sector coverage and competes for similar deals and LP relationships.
- Ares Management: Major alternative asset manager with extensive credit and private equity franchises; especially comparable to MidOcean's Tactical Credit and CLO Equity strategies and middle-market direct lending focus.
- Apollo Global Management: Large alternative asset manager spanning private equity, credit, and structured solutions; competes with MidOcean's full platform while also serving institutional investors with similar fund offerings.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks5 records
Key highlights6 records
Customer concentration
MidOcean Partners LLP social profiles
Digital presenceMidOcean Partners LLP financial estimates
Financial estimateRevenue estimate
Valuation estimate
MidOcean Partners LLP leadership team
Management profileNumber of profiles
Profiles14 records
MidOcean Partners LLP subsidiaries and ownership
Company hierarchySubsidiaries11 records
MidOcean Partners LLP funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
MidOcean Partners LLP M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about MidOcean Partners LLP
What does MidOcean Partners LLP do?
MidOcean Partners is a private equity and alternative credit asset manager that invests in middle-market companies in consumer and business services sectors. The firm manages over $11 billion in assets through Private Equity, Alternative Credit, and Structured Equity strategies, raising institutional funds such as its sixth private equity fund ($1.5B+) and third Tactical Credit Fund ($765M). It partners with founders and management teams to provide growth capital, operational expertise, and acquisition support, while charging management fees and carried interest to institutional investors.
Is MidOcean Partners LLP a public or private company?
MidOcean Partners LLP is a private company. It is classified as management employee owned and is currently operating.
When was MidOcean Partners LLP founded?
MidOcean Partners LLP was founded in 2003.
Where is MidOcean Partners LLP based?
MidOcean Partners LLP is headquartered in New York, United States, in the North America region.
How does MidOcean Partners LLP make money?
Three revenue lines are on record. Private Equity Management is the primary driver. The others are alternative Credit Management and structured Capital Solutions.
Who are MidOcean Partners LLP's main competitors?
Direct peers on record are Audax Group, Lightyear Capital, Stone Point Capital, Levine Leichtman Capital Partners, Madison Dearborn Partners, A&M Capital Partners and New Mountain Capital. Broad incumbents are Carlyle Group, Ares Management and Apollo Global Management.
Does MidOcean Partners LLP have an API?
No public API is recorded for MidOcean Partners LLP.
What industry is MidOcean Partners LLP in?
MidOcean Partners LLP's product category is Private Equity and Alternative Asset Management. Its primary akta.pro industry code is FSANADAI, Middle-Market Lending, with a secondary code of FSAAAHAG, Private Credit / Direct Lending. Its NAICS code is 523940 and its SIC code is 6282.