Millington Securities

Jennifer Millington founded the firm and serves as its CEO. Her career prior to Millington included senior capital-raising and distribution roles at firms focused on alternative investments, specifically real estate and private credit products. Her FINRA registration history reflects extensive experience in institutional distribution, which forms the operational backbone of the firm's GP-advisory model.

The firm concentrates on emerging and lower-middle-market alternative fund managers — often first- or second-time funds — running strategies in real estate equity, real estate debt, and private credit. Its target GP clients are typically raising vehicles between $100 million and $1 billion and have strong track records but lack the internal distribution bandwidth or gatekeeper relationships to reach institutional allocators efficiently.

Millington runs a concentrated book of business, representing a small number of fund managers at any given time. This structure allows the firm to operate more like a strategic, embedded capital-formation partner than a high-volume intermediary. The approach contrasts with larger agents who service dozens of mandates simultaneously and often lean heavily on standardized RFP distribution to consultants.

Yes. Millington Securities operates as a FINRA-registered broker-dealer and files an annual Form ADV with the SEC. Its regulatory filings specify its business as private fund placement, and its registration history is publicly viewable via BrokerCheck and the SEC's IAPD database.

The firm's capital-raising activity is focused primarily on North America, representing US-based real estate and credit managers to domestic institutional investors. Select mandates have extended the geographic scope to include European real estate strategies seeking US-based limited partners.

Millington does not manage proprietary investment portfolios or sponsor its own funds. It operates exclusively as a registered placement agent, earning fees for capital it raises on behalf of third-party alternative fund managers. The firm does not make direct principal investments alongside the funds it represents.

The firm is highly selective about mandates and does not publicly solicit new GP clients through broad marketing. Engagement typically begins through a direct referral or an inbound inquiry from a fund manager with a demonstrated institutional-quality track record. Millington then conducts a diligence and fit assessment before agreeing to represent the manager in a formal capital-raising mandate.