Michael Kreger

Michael Kreger is a Senior Partner at Gamut Capital Management, a New York-based private equity firm that manages over $3 billion in assets and focuses exclusively on the middle market. At Gamut he is responsible for all aspects of leading an investment and serves as the firm's Sector Lead for Automotive, Industrials (Manufacturing & Services), Metals & Mining, and Paper/Packaging. Gamut was founded in 2015 by Stan Parker and Jordan Zaken, both former Senior Partners at Apollo Global Management; the firm typically commits between $100 million and $300 million of equity per deal in companies with enterprise values of roughly $250 million to $750 million.

Before joining Gamut, Kreger was a Senior Vice President at Oaktree Capital Management, where he focused on distressed-debt investing. Earlier he was a Director at Madison Dearborn Partners, a Chicago-based private equity firm, where he worked on private equity investments, and he began his career at UBS in its Investment Banking Division. This blend of distressed-credit and control private-equity experience aligns with Gamut's flexible, value-oriented strategy of investing across a company's debt and equity capital structure with an emphasis on downside protection.

Kreger sits on numerous portfolio-company boards. He currently serves as a director of PaperWorks Industries, IAC Group, Grede, Davis-Standard, Extreme Reach (XR), Hoffmaster, and Airtron, and has previously been a director of Aleris International, BWAY Corp, Chassix Holdings, Multi Packaging Solutions, Schrader International, and Tribune Media.

He graduated from Amherst College with a BA in Economics and Political Science and earned an MBA from Harvard Business School.

• Invests in control and control-like positions across the full debt and equity capital structure of middle-market companies, reflecting Gamut's "flexible, value-oriented" and contrarian approach with a focus on downside protection.
• Sector concentration on Automotive, Industrials (Manufacturing & Services), Metals & Mining, and Paper/Packaging — capital-intensive, often complex or out-of-favor industrials where operational and structuring expertise creates value.
• Comfortable with complex, special-situations and distressed transactions, drawing on Kreger's Oaktree distressed-debt background and Gamut's ability to offer "flexibility, value and capital certainty."
• Targets enterprise values of ~$250M–$750M with equity checks of ~$100M–$300M — squarely lower/core middle market, not venture or seed.