MGG Investment Group LP

Background

Founded in 2014 by Kevin Griffin and Greg Racz, MGG Investment Group LP is a New York-based private investment firm specializing in providing flexible capital solutions to middle-market companies across various industries. The firm's mission is to build lasting value, address immediate needs, and solve complex situations for its clients, aiming to deliver superior risk-adjusted returns to its limited partners.

Key Strategic Focus

MGG focuses on businesses with annual EBITDA between $10 million and $40 million, offering growth or transition capital. The firm employs a disciplined investment approach, leveraging its extensive network to source opportunities and maintain investing discipline across the capital structure in all market environments.

Financials and Funding

As of July 29, 2024, MGG reported assets under management (AUM) of approximately $5.6 billion. In January 2025, Generali Investments, the investment arm of Italy's top insurer Generali, agreed to acquire a 77% stake in MGG for $320 million, with the deal expected to close within the year.

Technological Platform and Innovation

MGG has integrated financial technology solutions to enhance its investment processes. In September 2022, the firm partnered with Canoe Intelligence to automate and streamline alternative investment data management, improving operational efficiency and data accuracy.

Leadership Team

Kevin F. Griffin: CEO & CIO. Griffin co-founded MGG in 2014 and has been instrumental in shaping the firm's investment strategy and growth.

Greg Racz: President & Co-Founder. Racz has played a pivotal role in establishing MGG's market presence and operational framework.

Eran Cohen: Managing Director. Cohen joined MGG in May 2020, bringing extensive experience from his previous role as Managing Director at Wells Fargo Capital Finance.

Leadership Changes

In May 2020, MGG appointed Eran Cohen as Managing Director, enhancing the firm's expertise in loan originations and structured finance.

Competitor Profile

Market Insights and Dynamics

The private investment sector focusing on middle-market companies is highly competitive, with firms vying to provide tailored capital solutions. The market is characterized by a demand for flexible financing options and strategic partnerships to support business growth and transitions.

Competitor Analysis

Tenex Capital Management: Founded in 2009 and headquartered in New York, Tenex Capital focuses on middle-market investments across various industries, offering both equity and debt financing solutions.

Capital Dynamics: With a global presence, Capital Dynamics specializes in private equity and private credit investments, managing a diverse portfolio across multiple sectors.

Strategic Collaborations and Partnerships

In September 2022, MGG partnered with Canoe Intelligence to enhance its data management capabilities, reflecting the firm's commitment to leveraging technology for operational excellence.

Operational Insights

MGG's strategic focus on middle-market companies, combined with its flexible capital solutions and disciplined investment approach, positions the firm competitively within the private investment sector. The recent acquisition by Generali Investments is expected to further strengthen MGG's market position and expand its capabilities.

Strategic Opportunities and Future Directions

The acquisition by Generali Investments presents opportunities for MGG to leverage Generali's global network and resources, potentially expanding its investment reach and enhancing its service offerings to middle-market companies.