Park Cities Asset Management

Park Cities Asset Management was an alternative credit manager providing asset-based financing, focusing on private lending across specialty finance and FinTech sectors. The firm specialized in originating privately negotiated, secured loans, offering flexible capital structures to counterparties. This approach delivered tailored financial solutions, particularly to the lower middle market, addressing complex funding requirements.

Founded in 2018 by J. Andrew Thomas and Alex Dunev, the company aimed to establish a premier investment platform dedicated to serving the lower middle market. Thomas and Dunev leveraged their extensive financial backgrounds, building a firm capable of capitalizing on niche opportunities within private credit.

Park Cities Asset Management served diverse counterparties within specialty finance and FinTech industries. The firm's mission was to foster growth and stability in these sectors through specialized lending products. Ultimately, its asset-based finance business was acquired by Bow River Capital, integrating its team and strategy into a broader alternative asset management platform.