MGG: Niche Direct Lending

Sweet spots in mid-market

HAMLIN LOVELL
5

MGG Investment Group (MGG) was co-founded in 2014 by CIO and CEO Kevin Griffin, and President Greg Racz, with seed capital of $200 million from an affiliate of McCourt Global Capital (MG Capital), which is part of the McCourt Group that dates back to 1893. MGG opened to external capital in April 2016 and has so far taken in $600 million of equity. Some of its vehicles use leverage on top and capital managed is now roughly $1 billion, with more total capital deployed in MGG deals as some involve...

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