Houlihan Lokey Advises Hunter Point Capital

Houlihan Lokey is pleased to announce that Hunter Point Capital (Hunter Point) acquired a GP Stake in MidOcean Partners (MidOcean) on October 28, 2021. Hunter Point is the new GP Stake firm founded and led by Bennett Goodman, the Co-Founder of GSO Capital Partners, and Avi Kalichstein (formerly of J.C. Flowers). This transaction represents Hunter Point’s first GP Stake acquisition. Houlihan Lokey served as exclusive financial advisor to Hunter Point.

Hunter Point, an independent GP Stake investment firm led by Bennett Goodman (Co-Founder of GSO Capital Partners) and Avi Kalichstein (formerly of J.C. Flowers), has acquired a strategic, minority GP Stake in MidOcean Partners. The transaction represents Hunter Point’s inaugural transaction, establishing itself as a key participant in the GP Stake buying market.

Headquartered in New York, Hunter Point seeks minority stakes in middle-market alternative asset managers in private equity, credit, real estate, and infrastructure strategies around the world. Hunter Point aims to provide its GP Stake partners with value-added capabilities, including strategic advice, LP capital formation, and other enterprise-enhancing services.

MidOcean Partners is a premier New York–based alternative asset manager specializing in middle-market private equity and alternative credit investments. Since its inception in 2003, MidOcean has raised >$10 billion of assets. MidOcean Private Equity targets investments in high-quality middle-market companies in the consumer and business services sectors. MidOcean Credit Partners manages a series of alternative credit strategies, collateralized loan obligations (CLOs), and customized separately managed accounts.

MidOcean intends to leverage Hunter Point’s strategic capital and expertise to build upon its 20-year track record, continue to develop high quality private equity and alternative credit franchises, and add to its deep bench of talent. There will be no changes in the strategy, management, investment process, or day-to-day operations of MidOcean or any MidOcean managed products as a result of Hunter Point’s investment.

Houlihan Lokey served as the exclusive financial advisor to Hunter Point. The transaction represents another successful engagement for Houlihan Lokey’s market-leading GP Advisory platform.