Great Elm Group is an alternative asset management company that manages external capital across two primary investment platforms: alternative credit and real estate. Under alternative credit, the company operates Great Elm Capital Management, which manages Great Elm Capital Corporation, a publicly traded business development company that invests in senior secured loans to middle-market companies. Under real estate, Monomoy CRE manages Monomoy REIT, a private real estate investment trust focused on industrial outdoor storage properties leased on a net-lease basis. Great Elm Group also operates Monomoy BTS, which develops build-to-suit properties for tenants, and Monomoy Construction Services, which provides construction capabilities and consulting. Great Elm Group generates revenue primarily through management and incentive fees based on assets under management, rental collections, and investment performance. The company also earns income from dividends on equity stakes in its managed vehicles, development gains from property sales, and construction service fees. Great Elm Group's strategy focuses on expanding fee-paying assets under management by scaling its credit and real estate vehicles, expanding its development pipeline, and acquiring or launching new alternative strategies.
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