Asset Manager

Updated:

Lineage

Lineage is an SEC-registered investment adviser, established in 2025. The firm oversees $295 million in regulatory assets. It has 3 employees and 2 investment...

Lineage

Lineage is an SEC-registered investment adviser, established in 2025. The firm oversees $295 million in regulatory assets. It has 3 employees and 2 investment advisers.

General information

Firm type

Asset Manager

Location

Region

North America

Country

United States

City

Boston

Corporate office

399 Boylston Street, Suite 450, Boston, MA 02116, United States

Principals

Bill McKinley

Founder

Erik Dykema

Principal

Sector focus

Private Equity

Frequently asked questions

What kind of business owner is the right fit for Lineage's model?

Owner-managers of closely-held middle-market businesses who want substantial cash liquidity without losing board control. The firm states it targets owners who wish to continue operating their business, protect their culture, and retain legacy influence post-transaction.

Who runs investment decisions at Lineage?

Bill McKinley, who founded the firm after a tenure as a Principal at Heritage Partners, leads the investment process. Erik Dykema, a Principal who joined in 2007, handles sourcing and execution. The firm maintains a small investment team with backgrounds in investment banking and consulting.

Does Lineage participate in fund commitments or only direct deals?

All publicly available information points to a direct equity model. The firm does not describe itself as a fund-of-funds or as a participant in LP positions; every stated transaction type involves writing direct equity checks into operating companies.

Which sectors does Lineage explicitly avoid?

The firm does not publish an exclusion list. Its marketing states it invests across numerous sectors and geographies, with the common thread being owner-manager passion rather than sectoral specialization. Negative screening is not advertised.

Where does Lineage's investment capital come from?

Lineage has not publicly disclosed its capital sources. There is no named family office, institutional LP, or permanent balance sheet revealed in its own materials. The firm's website frames itself as an independent partnership without citing a parent entity or capital backer.

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