# MidOcean Partners

> MidOcean Partners is a New York alternative asset manager with more than $11 billion under management across middle-market private equity, alternative credit, and structured equity. Born in 2003 when Ted Virtue and colleagues bought Deutsche Bank's private-equity portfolio, it now backs North American consumer and business-services companies, lends across the non-investment-grade capital structure, and sells institutional investors access through funds, CLOs, and separately managed accounts.

- **Founded:** 2003
- **Headquarters:** New York, United States
- **Founders:** Ted Virtue (Founder and CEO)
- **Team size:** 51-200 employees on LinkedIn; the supplied company record estimates 140
- **Products:** Middle-market private equity, Alternative credit, Collateralized loan obligations, Separately managed accounts, Structured equity
- **Notable:** Grew from a 2003 management buyout of Deutsche Bank's $1.8 billion private-equity business to more than $11 billion in assets under management., Built an alternative-credit platform beginning in 2009 and launched its first CLO in 2013., Closed MidOcean Tactical Credit Fund III and related accounts with $765 million in commitments in 2024.

## Products & services

- **Middle-market private equity** — Majority-oriented and flexible equity investments in North American consumer and business-services companies, generally targeting $50 million to $300 million-plus equity checks.
- **Alternative credit** — Capital solutions, asset-based finance, opportunistic credit, loans and CLOs, high yield, and multi-asset credit focused on non-investment-grade U.S. markets.
- **Collateralized loan obligations** — Issuance and management of CLOs plus a dedicated CLO equity investment strategy.
- **Separately managed accounts** — Customized institutional credit mandates alongside commingled strategies.
- **Structured equity** — Flexible structured-capital investments for middle-market companies, including a $197.5 million EquipmentShare sale-leaseback transaction.
- **MPearlRock** — A consumer investment platform with Kroger, PearlRock, and 84.51° targeting emerging North American food and beverage brands.

## Achievements

- Grew from a 2003 management buyout of Deutsche Bank's $1.8 billion private-equity business to more than $11 billion in assets under management.
- Built an alternative-credit platform beginning in 2009 and launched its first CLO in 2013.
- Closed MidOcean Tactical Credit Fund III and related accounts with $765 million in commitments in 2024.
- Closed its inaugural CLO Equity Fund with $304 million in 2024, above its $300 million target.
- Recognized on BluWave's 2025 Top 50 Private Equity Firms for Executives list.
- Expanded Questex through seven add-on acquisitions and signed an agreement to sell the company to Apollo funds in 2026.
- Reported more than 25 operating partners across the platform.

## Latest updates

- **2026-07** — Portfolio company CRC-Oyster acquired Modern Regulatory Services, adding broker-dealer compliance and FinOp capabilities.
- **2026-05** — MidOcean signed an agreement to sell Zonda to CoStar Group.
- **2026-05** — MidOcean signed an agreement to sell Questex to funds managed by Apollo.
- **2026-05** — The firm closed an approximately $300 million single-asset continuation vehicle for Cloyes, led by Hamilton Lane.
- **2026-02** — MPearlRock added Mark Ramadan, Bill Toler, and Bob Ostryniec as operating advisors.
- **2026-01** — MPearlRock acquired The Good Crisp Company.
- **2025-12** — MidOcean agreed to purchase up to $600 million of home-equity investments from Point.

## Links

- Website: https://www.midoceanpartners.com
- LinkedIn: https://www.linkedin.com/company/midocean-partners
- Twitter/X: https://twitter.com/midocean_
- Facebook: https://facebook.com/profile.php?id=109479859078361&_rdr

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Profile page: https://yespress.io/midocean-partners
Published by YesPress — https://yespress.io
Last updated: 2026-08-16