Established in 2003, MidOcean Partners is a premier New York-based alternative asset manager that specializes in middle market private equity and alternative credit investments. Since inception, the focus of MidOcean Private Equity has been on high-quality middle market companies with attractive strategic, operational and financial growth opportunities in the consumer and business services sectors. Established in 2009, MidOcean Credit manages approximately $8 billion across a series of alternative credit strategies, collateralized loan obligations (“CLOs”), and customized separately managed accounts as of June 30, 2018.

Businesses

Private Equity

MidOcean Private Equity focuses on transfomative growth opportunities in US middle-market companies within the consumer and business services sectors.

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Credit

MidOcean Credit creates value for our investors through research-driven alternative credit strategies.

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Core Principles

Compass
Our priority is always to act in the best interests of our clients
No one will ever outwork or outhustle us for business
We conduct business with the highest level of honesty and integrity
We constantly strive to generate superior returns in our chosen markets
Creativity is at the core of our investment approach
We are a trusted fiduciary of client assets
Our most important asset is our people. We always strive to recruit and retain the best talent
We stress teamwork in everything we do
We value the opinion of every member of the firm and seek consensus across all investment decisions
We give back to the communities in which we work and live

Leadership

Ted Virtue

Ted Virtue

CEO

Ted Virtue is Chief Executive Officer of MidOcean Partners and leads MidOcean Private Equity

Steve Shenfeld

Steve Shenfeld

President

Steve Shenfeld is President of MidOcean Credit and responsible for the strategic development activities of the Firm

Deborah Hodges

Deborah Hodges

Chief Operating Officer, Managing Director

Debbie Hodges, Chief Operating Officer and Managing Director, joined MidOcean Partners at its inception.

Andrew Spring

Andrew Spring

Chief Financial Officer, Managing Director

Andrew Spring, Chief Financial Officer and Managing Director, joined MidOcean Partners at its inception.

History

  • 2018

    Closed on $1.2 billion for MidOcean’s fifth private equity fund – MidOcean Partners V, LP and closed two additional CLOs bringing our total count to 9 CLOs under management

  • 2017

    MidOcean Credit Partners AUM crosses the $5 billion threshold

  • 2016

    Raised capital for a closed-end credit strategy targeting less liquid names – MidOcean Tactical Fund I, LP

  • 2015

    Closed MidOcean’s fourth private equity fund – MidOcean Partners IV, LP and raised CLO IV

  • 2014

    Closed CLO II and CLO III

  • 2013

    Launched MidOcean Credit’s Structured Product Business with the closing of its first CLO

  • 2010

    Launched MidOcean Credit’s second strategy – MidOcean Absolute Return Fund

  • 2009

    MiOcean Credit Partners formed and launched MidOcean Credit’s first strategy – MidOcean Credit Opportunity Fund

  • 2006

    Raised $1.3+ billion for third private equity fund, MidOcean Partners III, LP and its parallel vehicles

  • 2004

    Closed MidOcean’s second private equity fund, MidOcean Partners II, LP

  • 2003

    MidOcean Partners formed through the management buyout of Deutsche Bank’s $1.8 billion private equity business

Corporate Responsiblity

seedling growing out of the ground

Environmental and social governance is at the core of our investment philosophy in both our private equity and credit businesses

Download our ESG Policy (PDF)