We’ve had an active start to the year, headlined by receiving our SBIC license for Fund IV, alongside continued fundraising, multiple new platform investments, follow-on investments, successful realizations, and continued growth in our team.
NorthCoast is pleased to announce that Burke Anderson joined the firm in April 2026 as a Controller to support the continued growth of the business.
Burke is responsible for fund accounting, financial reporting, and operations across NorthCoast’s investment funds and management company.
He has nearly a decade of experience serving asset management clients across private credit, private equity, real estate, and venture capital. Prior to joining NorthCoast, Burke was an Audit Senior Manager at KPMG in Minneapolis, advising fund and management company clients on investor reporting, investment valuation, and partnership accounting with complex capital structures.
Burke is a licensed CPA and holds a Bachelor’s degree in Accounting from the University of Saint Thomas.
Minneapolis, MN based NorthCoast Mezzanine provides subordinated debt and non-control equity to businesses in a variety of industries across the United States. We finance leveraged acquisitions backed by private equity sponsors, management and family driven ownership transitions, add-on acquisitions, recapitalizations, and growth initiatives.
Investments
- Investments generally range from $4 – 20 million, or larger through co-investment partners
Transaction Types
- Private equity sponsored buyouts
- Management and family-driven ownership transitions
- Acquisitions
- Recapitalizations
- Growth capital
Company Characteristics
- EBITDA of $3 million+
- Stable, growing end-market demand
- Diversified customers, markets, supplies
- Demonstrated recurring revenue
- Sustainable free cash flow
- Proven management team
- U.S. based
Investment Structures
- All-coupon, fixed rate, subordinated debt
- Subordinated debt with equity upside
- Minority equity co-investments
Mark McDonald
Founding Partner
612-843-1547
mark@northcoastmezz.com
Stacy Harmsen
Founding Partner
612-843-1542
stacy@northcoastmezz.com
Ryan McKinney
Partner
612-843-1556
ryan@northcoastmezz.com
Alex Travis
Managing Director
612-843-1569
alex@northcoastmezz.com
Stephen Hann
Managing Director
612-843-1549
stephen@northcoastmezz.com
Ann Fugleberg
Director
612-843-1540
ann@northcoastmezz.com
Grant Robinson
Senior Vice President
612-843-1561
grant@northcoastmezz.com
Mitch Nelson
Vice President
612-371-0376
mitch@northcoastmezz.com
Julia Weyandt
Senior Associate
612-843-1558
julia@northcoastmezz.com
R. Burke Anderson
Controller
612-843-1557
burke@northcoastmezz.com
Toni Williams
Accounting & Administration Manager
612-843-1554
toni@northcoastmezz.com
Shirak Torosian
Business Intelligence Analyst
612-843-1559
shirak@northcoastmezz.com