StillBlue Financial Partners

David Green and Jonathan Green, both managing partners, lead investment decisions at the firm. They founded StillBlue in 2007 and are supported by a team of roughly 30 professionals. The Greens are the key decision-makers for all direct and co-investment allocations (per firm communications, 2017).

StillBlue sources deals primarily through its network of institutional relationships and sponsor partnerships, focusing on direct investments and co-investments. The firm targets opportunities where it can serve as a lead or meaningful co-investor, often in middle-market private credit, real estate, or infrastructure transactions. It does not rely on fund-of-funds allocations, according to public descriptions of its strategy.

StillBlue operates as a multi-family office, serving a network of high-net-worth families rather than a single family. The firm was founded by the Greens and has a client base that is private but understood to include several families. This structure allows it to pool capital for larger direct investments while maintaining a focused, hands-on approach.

StillBlue primarily engages in direct investments and co-investments, avoiding traditional fund-commitment strategies. It will occasionally back a fund vehicle, such as a renewable energy infrastructure fund, but its core approach is to take meaningful minority stakes or lead financing structures. This gives it more control over deployment than a typical fund or fund-of-funds.

StillBlue focuses on middle-market opportunities across debt and equity, spanning growth-stage and buyout scenarios. In private credit, it targets senior and mezzanine debt facilities. In real estate, it pursues value-add and development projects. The firm does not typically engage in venture-stage or early-growth equity investing.

StillBlue avoids early-stage venture capital, pure technology startups, and high-leverage speculative assets, according to publicly available information. Its preference is for asset-backed real estate, credit with tangible collateral, and infrastructure with contracted cash flows. It also does not typically invest in commodity futures or public equities directly.

The specific wealth origin of the families served by StillBlue is not publicly disclosed. The firm presents itself as serving high-net-worth individuals and families, but no public documents identify the source of capital. The principals, David and Jonathan Green, have backgrounds in investment banking and private equity.