CMG Capital Management Group

Stephen M. Coleman, the founder, serves as CEO and chief investment officer. He retains authority over asset allocation and senior investment hires. Before founding CMG in 1992, Coleman worked at Merrill Lynch in institutional sales and trading, experience that shaped the firm's early focus on structured products and manager-of-managers platforms. No public succession plan has been disclosed.

CMG deploys capital across private credit, real estate equity, hedge fund strategies, and structured products. The private credit arm originates senior secured loans to lower-middle-market US companies. The real estate group targets value-add multifamily and senior housing acquisitions. Its hedge fund sleeve historically included long/short equity and event-driven sub-strategies. The structured products group has managed CLO equity tranches.

CMG's private credit strategy emphasizes directly originated, floating-rate senior secured loans to US lower-middle-market borrowers. The firm targets companies with stable cash flows and hard asset collateral, typically lending at hold sizes below $50 million. Loan structures include revolving credit facilities, term loans, and delayed-draw term loans. The strategy seeks current income with downside protection through seniority in the capital structure.

No. CMG Capital Management Group is an institutional alternative asset manager, not a family office. It was founded in 1992 by Stephen M. Coleman as an alternatives platform serving public pension funds, foundations, and other institutional allocators. The firm does not manage capital for a single family or individual.

CMG operates commingled funds and separately managed accounts spanning its strategy suite. In private credit, the firm structures direct loans through dedicated credit vehicles. The real estate group has used both fund structures and deal-by-deal co-investment models. Its hedge fund sleeve historically included fund-of-funds allocations, though the firm has wound down certain manager-selection vehicles to prioritize direct strategies.

Public pension plans form the core of CMG's institutional client base, with a smaller number of foundations and endowments. The firm has historically marketed its emerging-manager status and alternatives capabilities to allocators seeking diverse general partner relationships. Specific named institutional clients are not publicly disclosed, though the firm's SEC filings confirm a concentrated capital base.

Stephen M. Coleman has served as CEO and CIO since the firm's 1992 founding, creating significant key-person concentration. No public succession plan or named next-generation leadership exists. The firm's concentrated client relationships and founder-led governance model are typical of boutique alternatives managers but present a transition risk that institutional allocators evaluate during operational due diligence.