NG MGG Strategic

Investment decisions are led by the three co-founders: Ned Gilhuly, Michael G. G. Merriman, and Gregory A. M. Merriman. Gilhuly spent 18 years as a partner at KKR focused on industrial and energy investments; the Merriman brothers bring operating experience from the MGG Group's industrial conglomerate. A small team of sector-specialist partners in enterprise software, climate technology, and healthcare supplement the core investment committee (public record).

The firm leverages Ned Gilhuly's network from his decade-plus at KKR, combined with the Merriman family's industrial and real estate operating contacts across the Midwest and Canada. NG MGG Strategic frequently acts as an anchor investor in special-purpose vehicles, allowing it to see deals before broader syndication. The firm's multi-city office footprint — from Menlo Park to Zurich — provides local sourcing in key industrial and tech clusters (per the firm's communications).

NG MGG Strategic is a multi-family office co-founded by two families — the Gilhuly family and the Merriman family — but it functions as an active deal-origination vehicle rather than a passive allocator. The firm takes lead or anchor positions in private equity and credit investments, similar to a mid-market buyout firm, yet maintains the permanent-capital, long-horizon ethos of a family office. It runs a lean team of about 86 professionals and deploys capital through direct investments, co-investments, and structured credit (public record).

The firm targets later-stage growth equity, buyouts, and structured credit — not early-stage venture. Typical deals involve companies in enterprise software, industrial technology, and climate infrastructure generating $10 million to $100 million in revenue. NG MGG Strategic will also invest in special-purpose vehicles for real estate and infrastructure assets with a North American focus (per the firm's communications, 2023).

NG MGG Strategic primarily invests directly or through co-investment vehicles alongside operating partners. The firm also commits capital to thematic special-purpose vehicles — for example, a 2023 vehicle targeting $200 million for climate infrastructure — but generally avoids committing to commingled blind-pool funds managed by external GPs. This structure gives the families complete control over asset allocation and exit timing (per the firm's communications).

The Merriman family wealth derives from the MGG Group, an industrial conglomerate with holdings in manufacturing, real estate, and asset management. Ned Gilhuly accumulated capital through his nearly two-decade career as a partner at KKR, where he led investments in energy, industrial, and healthcare sectors. The families have not publicly disclosed net worth figures, but together they have committed over $500 million in initial deployment (public record).

Yes. The firm operates a philanthropic arm focused on workforce development in Michigan and Kansas, where the Merriman family has historical operating ties. The specific vehicle name and grantmaking budget are not publicly disclosed. The firm's giving appears to be separate from its investment activity and is administered by family members rather than the investment team (public record).