- CEO
- None
- Sector
- Financial Services
- Industry
- Asset Management
- Address
- United States of America
- IPO Date
- Jun 24, 2019
- Business
- Great Elm Capital Group, Inc. operates as a publicly traded alternative asset manager focusing on credit, real estate, specialty finance, and other alternative investment strategies. The company manages Great Elm Capital Corp., a business development company (BDC) that invests in income-generating debt and equity securities with an emphasis on specialty finance companies, providing financing solutions such as receivables factoring, asset-based lending, lender finance, and equipment financing. It also oversees Monomoy Properties REIT, LLC, an industrial-focused real estate investment trust, and their fully integrated real estate platform includes acquisition, development, management, and construction services under the Monomoy brand.
The firm’s recent major developments include the February 2025 acquisition of Greenfield CRE, a construction management company, which was integrated into Monomoy Construction Services to bolster the company's full-service real estate capabilities. In July 2025, Great Elm entered a transformational strategic partnership with Kennedy Lewis Investment Management, an institutional alternative investment firm, which involved Kennedy Lewis purchasing a stake in Great Elm common stock and providing up to $150 million of capital to support Monomoy REIT's growth. Additionally, in 2025, Great Elm secured a $9 million equity investment from Woodstead Value Fund and added a new board member to strengthen management expertise and capital resources.
Great Elm Capital Corp. aims to generate current income and capital appreciation by investing in middle-market loans, mezzanine debt, and specialty finance companies, targeting durable risk-adjusted returns through cash-generating investments. Its specialty finance portfolio includes diverse financing options targeting small and medium-sized businesses and healthcare-focused entities. The company is headquartered in the United States, with operations spanning across its credit, real estate, and specialty finance verticals, serving institutional investors through public and private market investments. Founded in 2013, Great Elm Group continues expanding its assets under management through capital raises, equity programs, and strategic acquisitions to diversify its alternative asset portfolio and increase fee revenue streams.
Recent financial activities include a $100 million at-the-market equity offering launched in fiscal 2025 to enhance capital flexibility, and ongoing stock repurchase programs to optimize shareholder value. The company delivers a quarterly dividend with a notably high annualized yield, and its real estate platform and credit business both generate record investment income driven by its increased scale and specialized investment approaches. Great Elm leverages strategic partnerships and focused capital deployment to maintain growth momentum across its alternative assets and specialty finance segments.