Beachwood-based TurnCap was formed last spring, but is now ready to go live. Its management features five internal partners including Bellwether president Ned Huffman and Kohrman Jackson & Krantz managing partner Jon Pinney, TurnCap’s co-founders, and Bellwether principal Jim Doyle, the new firm’s managing partner. They are currently working to build up an inaugural debt fund with a target size of approximately $50 million.
With some committed investors already on board and several potential deals already in the works, that’s expected to happen pretty quickly.
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