Configure Capital

Description

Configure Capital is an alternative asset manager focused on core and lower middle-market private credit. Our objective is to build resilient portfolios designed to weather cycles while delivering compelling risk-adjusted returns for LPs and long-term partners. Founded by seasoned credit professionals Jeremy Phipps and Shawn O’Leary and affiliated with Configure Partners, a leading middle-market investment bank with a focus on debt placement, Configure Capital benefits from a broad network of relationships with private credit managers, private equity sponsors, and other market participants. This connectivity creates a durable sourcing advantage and underpins our strategy of offering investors highly diversified exposure to corporate private credit. Our approach features: Deal Flow Sourcing: Configure Partners’ relationships provide access to a wide range of direct lending and private credit opportunities with leading managers. As an agile partner, we deliver efficient diligence, timely feedback, flexibility on allocation size, and a low-risk partnership model. Diverse Portfolio Construction: Investments are driven by rigorous credit selection, downside protection, and diversification across industries, sponsors, tranche sizes, structures, and private credit managers. Target exposures include first-lien sponsor and non-sponsor deals, with selective participation in unitranche and last-out structures. Active Approval & Oversight: Each investment undergoes a multi-layer review, first by the originating manager and then by Configure Capital’s independent assessment. Post-close, we maintain oversight alongside GP reporting to ensure consistency and governance. Continuity & Expertise: Configure Capital combines institutional rigor with entrepreneurial agility. The founding partners have worked together for 19+ years and bring 45+ years of combined experience in private debt origination, direct lending, asset management, alternative investments and structured credit.

AI Sector Summary

Configure Capital is a specialized private credit manager and permanent capital vehicle focused on financing core and lower middle-market debt rather than equity-led vertical buyouts. They operate as a generalist debt provider across various structures like first-lien and unitranche, prioritizing credit diversification over specific industry vertical themes.

Financials