Onset Capital Partners, LLC is a Chapel Hill, North Carolina-based asset management firm. Onset Capital was founded in 2010 by Wendell McCain, who previously co-founded Parish Capital Advisors, LLP, a private equity fund-of-funds manager with more than $2 billion in assets under management. Prior to Mr. McCain’s departure, Parish Capital was one of the most respected and fastest growing managers in alternative assets.
Onset Capital’s goal is to generate excess returns for our investors by building an asset management firm that capitalizes on constantly evolving market conditions and develops innovative investment strategies through a global lens.
Today, Onset is the largest shareholder in a distressed US residential whole loan group. That group has secured pledge fund commitments exceeding $5 billion. Onset Capital and its partners are currently attempting to invest that corpus of capital. Onset Capital is also executing on a plan to be a significant player in some niche areas within the real assets, credit, emerging markets and special situations arena.