HISTORY

McKinley Management is a privately-held Alaska-based investment, lending, and research firm and has been since its founding.

Robert B. (Bob) Gillam

1946-2018

McKinley Capital Management, LLC was founded in 1990 by Bob Gillam, a second-generation Alaskan.  Bob believed that computationally-driven investing could be done from anywhere in the world, including his spectacular home state. He worked with Nobel Laureate and Modern Portfolio Theory author the late Dr. Harry Markowitz, Ph.D., CFA to develop the investment model still used at McKinley Capital today. Bob passed away unexpectedly in 2018. His son, and longtime McKinley Chief Investment Officer, Rob Gillam, was appointed CEO. Under Rob’s leadership, the firm became McKinley Management in 2021. McKinley Alaska Private Investment, LLC began in 2019 as an initiative of McKinley Capital. In 2021, the company was created to formalize McKinley’s private investment business and acknowledge its specific products and services. In 2020, the firm acquired McKinley Research Group (formerly McDowell Group), Alaska’s oldest and largest research, consulting and advisory group. In 2022, the firm added McKinley Alaska Growth Capital, an innovative non-bank lending business. In 2023, the firm announced that McKinley Capital Management, LLC was acquired by Denali Advisors, LLC. 

Eric McDowell

McKinley Research Group, LLC (formerly McDowell Group) was founded in 1972 by the late Eric McDowell. Eric, a lifelong Alaskan with roots in Haines and Juneau. Eric translated his passion for people and community into building a firm known for our high-quality, personalized services. In 2020, McDowell Group was purchased by McKinley Management and today has staff based in Juneau, Anchorage, and Washington State.

Alaska Growth Capital BIDCO, Inc. (McKinley Alaska Growth Capital) was founded in 1997 by Arctic Slope Regional Corporation as Alaska’s first and only Business and Industrial Development Corporation (BIDCO). The Company was acquired by McKinley and Bristol Bay Native Corporation in 2022 and is Alaska’s leading non-bank business lender, providing innovative credit solutions designed to fill the financing gap unmet by banks, while delivering an outsized community impact as a certified Community Development Financial Institution (CDFI).

McKinley Alaska Private Investment, LLC began in 2019 as an initiative of McKinley Capital Management.  In 2021, the firm was created to formalize McKinley’s private investment business and its specific products and services. The team creates value for investors by using our capability, credibility, creativity, capital and connectivity to source Alaska-relevant investment opportunities and co-invest with best-in-class capital and strategic partners, while aiming to generate returns for our investors.