MCP Capital

James Pople serves as Chief Investment Officer, overseeing underwriting and portfolio construction. David Mace, the CEO, sets firm strategy and investor relations. Both were senior underwriters at ICG-Longbow before founding MCP in 2015, giving the investment committee deep legacy experience in UK mid-market real-estate credit (per the firm's official communications).

MCP originates loans through direct relationships with UK and European property sponsors, regional brokers, and insolvency practitioners. The firm does not rely on bank-led syndications or loan-auction platforms as a primary channel. This intermediary-light model reflects the founders' network built over two decades of mid-market real-estate lending.

MCP exclusively manages closed-end funds with finite lives — typically 5 to 7 years — which require full capital return to investors by the fund's termination date. The firm does not operate an open-ended evergreen structure. Fund III, which held a first close in May 2024, continues this closed-end series (per the firm's official communications, 2024).

MCP focuses on senior stretch, whole-loan, and mezzanine positions secured against UK and Western European commercial and residential real estate. Asset types include offices, industrial estates, retail parks, multifamily housing, and purpose-built student accommodation. Development finance is available on a selective basis, requiring experienced local sponsors and significant pre-let coverage.

The firm's limited partners include UK pension schemes, insurance companies, and European institutional allocators. MCP does not publicly market to retail investors or operate a mass-affluent distribution channel. Commitments are raised on a fund-by-fund basis rather than through a perpetual capital vehicle.