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MidOcean

Private equityoperating company · company profile

New York · Growth · 103 people tracked

Also known as Midocean Credit Fund Management, L.P. · MIDOCEAN US ADVISOR, L.P.

Find your way into MidOcean

1,892 people in our graph share verified history with the MidOcean team — schools, employers, funds. One of them is your warm intro.

Aryo Tehranianunlockedknows Pat Delay · together at Columbia University - Columbia Business School (overlapped)
knows the team · via UBS Investment Bank
knows the team · via Standard Chartered Bank
knows the team · via Credit Suisse
×3knows the team · via Bankers Trust
×2knows the team · via The Carlyle Group
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Investment thesis

MidOcean pursues value creation across two integrated strategies: middle-market private equity and alternative credit. In private equity, it applies a theme-driven sector focus supported by dedicated operating resources and collaborative partnerships with founders, entrepreneurs and leadership teams. Its credit business invests across the capital structure, drawing on a specialized credit research team and the wider MidOcean platform. The firm emphasizes disciplined, rigorous and imaginative investing to generate returns, while stressing stakeholder alignment, a people-first culture, teamwork and using business as a positive force in the communities where it operates.

Source: firm website, verified Sep 15, 2026.

Stage
Growth
HQ
New York, NY, US
Instruments
Equity · Debt
Founded
2003
AUM
$3.7B
Tracked investments
61
Acquisitions
1

Team · 103 people

from the firm's website & curated & public directories
Steve Shenfeld· Chairmanin
Ted Virtue· CEOin
Brian Finnie· Managing Director
Carol Chung· Managing Director
Daniel Penn· Managing Director, Consumerin

Serves as the deal lead for MidOcean's investment in Casper's.

David Levine· Managing Director
Eric Roth· Managing Director
Frank Schiff· Managing Director, Business Services / Private Equity Portfolio
Graham Clempson· Managing Directorin
Jamil Nathoo· Managing Director
Joe Reid· Managing Director
Leslie Tanca· Managing Directorin
Michael Considine· Managing Director
Michael Odell· Managing Director
Sara Parker Badham· Managing Directorin
Steven Gilbert· Vice Chairman, Executive Board
Steven Loeffler· Managing Directorin
Anthony Rubeo· Principalin
Joe Dentici· Principal
Victoria Li· Principal
Aleksander Horvat· Analystin
Andrew Rose· Vice Presidentin
Damion Brown· Chief Operating Officer, Creditin
David Kieselstein· Operating Partner
Dennis "DJ" Jenson· Operating Partner
Elliott Portnoy· Operating Partner
Emily Medvin· Analyst
Eric Gordon· Operating Partner
Erik Oken· Operating Partner
Gabrielle Wells· Vice Presidentin
George Stamas· Operating Partner
Hugh Charvat· Operating Partner
Jack Bourassa· Associate
Jack Marsh· Associatein
Jeff Bell· Operating Partner
Jen Eisemanin
John Guccione· Vice President
John Kahan· Operating Partner
John Struckell· Vice Presidentin
John Wong· Associatein
Laura Garrisonin
Marc Graham· Operating Partner
Mark Manoff· Operating Partner
Matteo Valle· Senior Associatein
Maxwell Baker· Vice Presidentin
Mia Moss· Associatein
Michael Isakson· Operating Partner
Michelle Sonntagin
Miles Shaheen· Analyst
Natan Nagdimov· Associate
Nick Paskalides· Vice President
Nikki Herook· Controller
Ravi Saligram· Operating Partner
Robert Perry· Associatein
Robert Rivenburgh· Operating Partner
Sandy Li· Associatein
Steve Spinner· Chairman, Operating Partners
Sydney Bauman· Associate, Accountingin
Tony DeLio· Operating Partner
J. Edward Virtue· Director
John Cullinane· Director
Michael R. Apfel· Director
Pearse Griffith· Director

Founder mafia

2 people who came through MidOcean went on to found or lead other companies.

What they invest in

from 26 of 61 portfolio companies

Consumer ×12FoodTech ×6Direct to Consumer ×5Enterprise Software ×5SaaS ×5Data & Infrastructure ×4Healthtech ×4Media & Entertainment ×4

HQs:United States×14United Kingdom×1

Who they back

founder profiles across 10 portfolio companies
80%
solo founders
8 of 10 mapped founding teams

Founding team size:solo founder×82 founders×2

Investments · 61 tracked

founders shown can be your intro path
Agilex Fragrancesagilexfragrances.comin

Agilex Fragrances is a regional consumer brands company that develops and delivers fragrance solutions by combining independent creative agility with integrated ingredient mastery and supply chain capabilities from dsm-firmenich.

Advanced ManufacturingConsumerNew MaterialsNew Jersey, US

cheryl moranoin

Blokurblokur.com

Blokur operates a music rights conflict platform that enables music publishers and users to identify and manage ownership disputes and conflicts across songs and rights holders.

Marketing TechMedia & EntertainmentLondon, GB

Phil Barry(Founder)in

Co-investorsDigital Currency GroupFrontline VenturesAscension Ventures

Casper'scaspersicecream.com

Casper's Ice Cream produces ice cream and frozen confections under the FatBoy brand, sold to consumers across the United States.

ConsumerFoodTech

Casper Merrillin

Cloyescloyes.comin𝕏

Cloyes is a designer, developer, manufacturer, and distributor of timing drive systems and engine components for original equipment manufacturers and the automotive aftermarket.

Advanced ManufacturingHardwareMobility & TransportationCleveland, US

Raymond T. Cloyesin

Empower Brandsempowerfranchising.com

Empower Brands provides systems, processes, and support teams to help franchisees run their businesses from signing the franchise agreement through eventual sale.

Enterprise Software

Freshpetfreshpet.comin

Freshpet manufactures fresh pet food made with high-quality proteins and farm-fresh ingredients, offering multiple product lines including ready-to-serve meals, customizable delivery subscriptions, and retail options for dogs and cats.

ConsumerDirect to ConsumerFoodTechSecaucus, US

Scott Morris(Founder)inCathal Walsh(Founder)in

FullSpeed Automotivefullspeedautomotive.com

FullSpeed Automotive is a franchise operator and consolidator of automotive service centers providing quick lube, maintenance, and repair services across the United States.

ConsumerMobility & Transportation

GHR Healthcareghrhealthcare.comin

GHR Healthcare builds relationships between candidates and clients through personalized recruitment and career services.

HealthtechHR Tech

John Quirk(Founder)in

GSTVgstv.comin𝕏

GSTV operates a digital video network that delivers premium video content to consumers in transit, serving brands, agencies, and retailers seeking to reach audiences at key decision moments.

AdTechMedia & EntertainmentRetail Tech

Eric Kozik(Interim CEO)inCraig Abolt(COO & CFO)inAaron Olson(Chief Technology Officer)inScott Pawloski(Chief Revenue Officer)in

Co-investorsBeringea

Image Skincareimageskincare.comin𝕏

Image Skincare manufactures and sells skincare products including serums, moisturizers, and sunscreens for anti-aging and skin protection.

ConsumerDirect to ConsumerHealthtechWellness & Fitness

Janna Ronert(Founder)in

InterVisionintervision.comin𝕏

InterVision is a data and AI services consulting firm that delivers data management, machine learning, and predictive analytics solutions for enterprise clients.

AI & Machine LearningCloud ComputingCybersecurityData & InfrastructureDeveloper ToolsEnterprise SoftwareSaaS

Jostensjostens.comin𝕏

Jostens is a company with a long history dating back to 1897, founded as a watch repair business; it is now owned by Platinum Equity as of December 2018 and provides products and services across multiple business segments.

Advanced ManufacturingCircular EconomyConsumerE-commerceSector AgnosticOwatonna, US

Otto Josten

Co-investorsPlatinum

KidKraftkidkraft.com

KidKraft manufactures wooden outdoor playground equipment and playsets for children, including swing sets and clubhouse structures.

ConsumerDirect to ConsumerE-commerceHardware

Co-investorsStellus Capital Management

Louisiana Fish Frylouisianafishfry.com𝕏

Louisiana Fish Fry makes Cajun and Creole cooking products including seasoned coating mixes, seafood boils, sauces, and gumbo bases.

ConsumerDirect to ConsumerFoodTech

MPearlRockmpearlrock.com

MPearlRock is an investment partnership that provides growth capital and operational support to emerging consumer brands in food, beverage, and personal care, offering distribution access, data analytics, marketing, and supply chain resources.

ConsumerFoodTechNew York, US

Music Reportsmusicreports.comin𝕏

Music Reports provides copyright research, licensing operations, and music data management services for broadcasters, cable networks, OTT services, and digital music platforms.

Data & InfrastructureMarketing TechMedia & EntertainmentSaaS

Jason Walker(CEO)inBill Colitre(COO)inAaron Partington(CTO)in

Co-investorsABRY Partners

Nutraboltnutrabolt.comin

Nutrabolt develops sports nutrition and energy drink products designed to enhance physical and mental performance, including pre-workout supplements, energy beverages, and related sports nutrition brands sold through retail and direct-to-consumer channels.

ConsumerHealthtechWellness & Fitness

Co-investorsAMBERSTONECAVU Consumer PartnersDoehler VenturesTorch Capital

Pragmatic Institutepragmaticinstitute.comin𝕏

Pragmatic Institute offers a product management certification program designed to teach professionals how to identify market opportunities, align teams, and deliver products that meet customer needs.

EdTechEnterprise SoftwareFuture of WorkSaaSSales Tech

QualiTechqualitechco.comin

QualiTech manufactures animal nutrition products including trace minerals, flavor systems, and rumen-protected micronutrients for livestock and aquaculture operations.

AgTechFoodTech

Questexquestex.cominAcquired

Questex is an information services company that produces industry events, publishes market insights, and provides data products.

AdTechB2B MarketplacesClimate TechData & InfrastructureMarketing TechMedia & Entertainment

Co-investorsShamrock Capital

Sbarrosbarro.com𝕏

Sbarro is a casual dining pizza and Italian food restaurant chain founded in 1956, operating over 630 locations across 28 countries.

ConsumerFoodTechColumbus, US

Carmela SbarroGennaro SbarroMark S. Inzetta(Chief Legal Officer and General Counsel)inJ. David Karam(Director and Chief Executive Officer)Anne E. Pritz(Director and Chief Marketing Officer)Rohan Kent Shearer(Chief People Officer)

Smith Systemsmith-system.comin

Smith System develops driver safety training and fleet safety programs based on The Smith5Keys®, a methodology focused on space, visibility, and time.

EdTechEnterprise SoftwareHR TechLogistics & Supply ChainMobility & TransportationSaaSDetroit, US

Harold L. Smith(Founder)

Co-investorsLevine Leichtman

The Carpenter Health Networkthecarpenterhealthnetwork.comin

The Carpenter Health Network provides integrated healthcare services across multiple care settings and service lines, serving patients seeking coordinated care throughout their health journey.

Digital HealthHealthtechWellness & FitnessAlexandria, US

The Planet Grouptheplanetgroup.comin𝕏

The Planet Group provides talent solutions and strategic advisory services for clients seeking workforce expertise and business strategy guidance.

Enterprise SoftwareFuture of WorkHR TechChicago, US

Travelprotravelpro.comin𝕏

Travelpro manufactures luggage and travel products, offering the MaxLite® 5 expandable spinner suitcase line for travelers.

ConsumerDirect to ConsumerE-commerceHardwareTravel & Hospitality

Zondahomezondahome.comin𝕏

Zonda provides housing market data and analytics tools to private equity firms, lenders, and capital markets participants for investment decision-making in residential real estate.

B2B MarketplacesData & InfrastructureFintechPropTechSaaS

Jeff Meyers(Chief Executive Officer)inAndy Reid(Chief Operating Officer)Melissa Billiter(Chief Financial Officer)inAmy Dudley(Chief Sales Officer)inDerin Bluhm(Chief Technology Officer)inMia Vallo(Chief Marketing Officer)in

Other

Tracked investments with no reachable website or further public details — typically companies that wound down, renamed, or were absorbed.

Affinity Dental ManagementAllantAlpha GuardianArnottBH CosmeticsBushnellFairwayGlobal KnowledgeGrandpointHolleyHunter FanInsight CommunicationsJenny CraigJF Petroleum GroupNeustarNorancoNoveonOneLink CommunicationsPalace EntertainmentPenton MediaPPLSI (LegalShield)Prestige BrandsSI SolutionsSouth Beach DietStrayer EducationSystem OneThe Re-Sourcing Group / ConexusThe Re-Sourcing Group / CRCThompson PublishingThompson Publishing Grouptotes»IsotonerVibrant Ingredients (formerly Florida Food Products)Vitaquest InternationalWater PikZonda

Portfolio news

latest coverage across their companies

Fund performance · per public LP disclosures · 3

as of Jun 2024
FundVintageCommittedNet IRRTVPIDPI
MidOcean Partners VI, L.P.LPs: Santa Barbara County Employees' Retirement System2021-31.8%0.71x0.00x
MidOcean Partners IIILPs: New York City Police Pension Fund200613.6%2.23x2.23x
MidOcean Partners III, L.P.LPs: New York City Employees' Retirement System, New York City Police Pension Fund, Teachers' Retirement System of the City of New York +1 more200613.6%2.23x2.23x

Source: public limited-partner disclosures (CalPERS, CalSTRS). Net IRR / TVPI / DPI as reported by the limited partner; a fund's early-year IRR is an interim estimate (J-curve).

Frequently asked questions

How many investments has MidOcean made?
MidOcean has 61 tracked investments, 1 of which have exited.
What stage does MidOcean invest at?
MidOcean invests at the Growth stage.
What sectors does MidOcean focus on?
MidOcean focuses on Consumer, Enterprise Software, Sector Agnostic.
Where is MidOcean located?
MidOcean is headquartered in New York, US.
Who does MidOcean co-invest with?
MidOcean most often shares deals with AMBERSTONE, Beringea, Digital Currency Group, among 12 tracked co-investors.

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