August brought a mix of strategic fund closings, exits, growth capital investments, and platform launches across our partner network. This month's roundup features updates from Post Road Group, Turning Rock Partners, Alterra IOS, Canopius, and Blue Owl—reflecting continued activity across real assets, digital infrastructure, insurance, and aviation finance.

‍

Alterra: A vertically integrated real estate company focused on deploying institutional discretionary capital to acquire and develop Industrial Outdoor Storage (IOS) throughout the United States and Canada.

‍

Alterra IOS purchased a 5.1 acre industrial outdoor storage (IOS) site with 30,000 square feet of accompanying warehouse space in the Otay Mesa neighborhood of San Diego. The property is fully leased to a national tenant in the building materials sector and offers convenient access to the region’s key domestic and international ports, highways and airports. Read More>>>

‍

The firm also acquired a 8.42 usable-acre site in the Birmingham metro area. The property is fully leased to a global leader in the equipment rental industry. With this acquisition, Alterra now owns two properties in the Birmingham metro area and four total across the state of Alabama. This addition reinforces the firm's strategy of targeting low-building coverage sites in high-demand logistics and transportation corridors. Read More>>>

‍

‍Blue Owl Capital: Blue Owl Capital is an alternative asset manager that provides private capital solutions and invests across three multi-strategy platforms: Credit, Real Assets, and GP Strategic Capital.

‍

Blue Owl announced a new joint venture with Crestone Air Partners to form Blue Crest Aviation Partners. The platform will seek to acquire mid-life commercial jet aircraft on lease to airlines globally, through a disciplined, income-oriented strategy. “This joint venture builds on years of successful partnership between Blue Owl’s Alternative Credit funds and Crestone,” said Ivan Zinn, Head of Alternative Credit at Blue Owl. “We’re excited to continue supporting the platform with a further investment of strategic capital.” Read More>>>

‍

Canopius: Canopius is a global specialty and Property & Casualty (re)insurer with offices in the UK, the US, Bermuda, Singapore and Australia.

‍

Canopius announced its financial results for the first half of 2025, reporting a net insurance revenue increase of 42% to $1.39B from $0.98B in H12024. At 84%, combined ratio (undiscounted) improved slightly in H1 2025, compared to 85.4% reported in the same period the year prior. Read More>>>

‍

The firm also hired Jinnan Tang as Casualty Treaty Underwriter in Singapore. Tang brings over 12 years of experience across underwriting, pricing, reserving, and actuarial analysis—most recently at MS Amlin, where he managed casualty and marine treaty portfolios across the Asia-Pacific and Middle East and North Africa regions. Read More>>>

‍

Post Road Group: An alternative investment advisory firm focused on private credit and private equity investments in digital infrastructure, telecommunications, media, business services, real estate and specialty finance.

‍

Post Road Group announced over $1 billion in new capital commitments across two of its flagship strategies. The firm closed Special Opportunity Fund III (SOF III) with $525 million to provide flexible growth capital to lower middle-market companies across digital infrastructure, TMT, software, and managed services sectors. It also closed Digital Infrastructure Fund II (PRDI II) with $500 million, dedicated explicitly to investing growth capital in a single data center platform, aiming to capitalize on the strong growth trends within the data center market. Read More>>>

‍

Turning Rock Partners: Turning Rock seeks to make long-term investments in debt and equity securities of North American small and mid-capitalization businesses.

‍

Turning Rock Partners (TRP) completed a $60 million growth financing round for Main Street Auto, which will aid in its expansion. Headquartered in Atlanta, GA, Main Street Auto is a founder-owned automotive after market services company with approximately 100 locations throughout the southern United States. The company offers essential auto repair, maintenance services, and tire sales for individual vehicle owners and fleets. The funds will support a buy-and-build strategy. Read More>>>

‍

Additionally, TRP announced the full realization of its investment in Capital Square. Capital Square is a national real estate investment and management company that is based in Richmond, VA. “This was the third in a series of successful financings completed over the last several years,” said Turning Rock CEO and Managing Partner Maggie Arvedlund. Read More>>>

‍

Finally, Next Level Aviation (NLA), a leader in the global distribution of used serviceable materials (USM) for all Boeing and Airbus commercial aircraft and associated jet engine platforms, has fully redeemed Turning Rock Partners' 2019 preferred equity investment. NLA completed the full redemption of TRP's stake, ahead of schedule, in mid- June 2025. Read More>>>

‍