Permanent capital,committed where weknow the risk.
WRG invests its own balance sheet across four platforms: senior living, real estate, equipment finance and opportunistic capital. One firm, one standard, no fund clock.
Wirt Financial Services, Bay City, 1985. The Wirt Rivette Group today.
Most investors allocate capital. WRG has also owned and operated the assets it finances. That is why our underwriting is a judgment, not a model.
Four decades of operating senior living communities, developing property and financing the equipment that operating businesses depend on taught us what a spreadsheet cannot: where the risk actually sits. The four platforms are not a diversification strategy. They are the four places our operating knowledge is deep enough to justify putting our own money at risk, and the reason a counterparty gets a firm answer from the person who will live with it.
The architecture
Fig. 01 · Four platforms, one spineFour platforms enter on one side, one underwriting method on the other. Both terminate on the same governed spine, which is why a commitment in senior living and a commitment in equipment finance carry the same signature.
One committee · One standard · Principals onlySenior Living
Owner · Operator · Capital
Communities owned and operated for the long term, underwritten on care quality first and census second.
- Role
- Owner & operator
- Geography
- Michigan & the Midwest
- Hold period
- Indefinite
Real Estate
Developer · Owner · Landlord
Ground-up development, adaptive reuse and long-hold ownership across mixed-use, commercial and multifamily assets.
- Role
- Developer & owner
- Asset types
- Mixed-use · Commercial · Multifamily
- Core market
- Michigan
Equipment Finance
Lender · Lessor · Asset owner
Asset-backed capital against the equipment that operating businesses actually run on, underwritten to collateral and cash flow.
- Role
- Lender & lessor
- Security
- Hard, titled collateral
- Structures
- Loans · Leases · Sale-leasebacks
Opportunistic Capital
Principal · Structured capital
Structured, credit and special-situation capital for businesses and partners that do not fit a defined mandate.
- Role
- Principal investor
- Instruments
- Equity · Credit · Structured
- Sourcing
- Four decades of relationships
Where the capital goes
Four decades of deployment across operating companies, real assets, private credit and external managers. One balance sheet, no single-asset-class mandate.
Operating businesses
Control and minority equity in companies where our capital and operating perspective are additive, held without a fund clock.
Direct equity
Real assets
Commercial, multi-family, senior living and government-tenanted property, developed and held alongside long-standing partners.
Owned & developed
Private credit
Senior and junior positions in situations we understand, underwritten to the downside case rather than to a rating.
Yield & downside
Structured & hybrid capital
Recapitalizations, succession and shareholder liquidity for owners who need certainty rather than a process.
Situation-driven
Co-investment
Alongside sponsors and managers we already know, sized to conviction and closed on the sponsor's timeline.
Sponsor-side
External manager allocations
Long-dated LP commitments across strategies and vintages, including anchor positions for emerging managers.
Fund & vehicle LP
Real assets · Representative holdings
One line of the book
Senior living community
Owner-operator · Synergy Senior Management
Michigan
Waterfront mixed-use
Development · Commercial & residential
Traverse City, MI
Multifamily residences
Development · Multi-family
Michigan
Commercial facility
Development · Build-to-suit
Michigan
Real assets are one expression of the mandate, not the mandate itself. Operating equity, structured and credit positions, and manager allocations are held privately and disclosed under NDA. Ownership structures vary by vehicle.
Where capital sits
Platform mapThe firm in depth
IndexThe people behind the balance sheet
Principals
Principals originate, underwrite and hold. There is no committee between you and a decision.
The full teamEngage the firm
For an investment, a financing request, a joint venture, or a partnership introductions, our relationship team responds directly.
Contact WRG