Six Twelve Capital Management

Don Miller, the firm's founder and managing partner, drives all investment decisions. Miller built Six Twelve specifically to avoid layers of committee approval, giving him sole investment discretion. This structure is designed for speed in complex credit negotiations.

The firm relies on a network of regional bankers, turnaround consultants, and private-equity sponsors in the Midwest who encounter credits too small or too complex for institutional desks. Miller's own relationships, built over a career in specialty finance, are the primary funnel, making sourcing highly relationship-dependent.

The firm focuses on asset-based lending, commercial real estate bridge loans, and secondary purchases of loan portfolios. It targets situations where borrowers need speed and lenders need to understand non-standard collateral, such as equipment, receivables, or litigation claims.

Six Twelve primarily underwrites and holds its own originated credits. It is not widely known to syndicate or invite co-investors into its core lending deals, preferring a bilateral relationship with borrowers that avoids the delays of syndication.

The firm tends to avoid venture-stage lending and pure-equity technology exposure. Its credit model requires hard assets, contractual cash flows, or real property to underwrite, so pre-revenue or speculative-growth companies fall outside its mandate.

Minneapolis places the firm at the center of a dense middle-market economy with fewer competing alternative lenders than Chicago or New York. This geographic choice gives Six Twelve access to a wide pool of family-owned manufacturers, regional real estate developers, and niche financial-service companies.