Hunter Point Capital, an independent investment firm, has made a strategic minority investment in MidOcean Partners, a New York-based alternative asset manager who specializes in middle-market private equity and alternative credit investments.

MidOcean’s investment process, management and day-to-day operations will not change. MidOcean will leverage HPC’s capital and expertise to continue to create enduring private equity and alternative credit franchises.

“I have long admired Ted Virtue and the entire MidOcean team for the differentiated sector focus and operating partner model they have leveraged to great success in the private equity business, their significant credit investing expertise, and the overall value proposition they bring to their stakeholders,” said Avi Kalichstein, CEO of HPC.

“We are excited to work with the Hunter Point Capital team as we embark on the next phase of MidOcean’s evolution,” added Ted Virtue, CEO of MidOcean. “This partnership will lay the groundwork for our future success through significant investment in our business and our people.”