Canal Road Group, LLC

About Canal Road Group, LLC

Canal Road Group, established in 2023, is an alternative asset manager focused on sourcing, underwriting, and managing senior secured corporate debt investments. Founded by Don Young and Mike Damaso, who previously built CBAM Partners to over $15B in AUM before its sale to Carlyle in 2022, the company is supported by a team of 14 CBAM alumni.

Products & Services

Senior Secured Corporate Debt Investments:Specializes in sourcing, underwriting, and managing senior secured corporate debt investments.

Specialties

Alternative Asset Management Senior Secured Corporate Debt Investments

Funding History

Debug: View Raw Funding Data

#	Type	Amount Fields	Date Fields	Investors
1	RT: Credit Facility T: - FT: Credit Facility	A: 250000000 MR: - FA: $250 million FAN: 250000000	D: 2025-04-03 FD: 2025-04-03	1 investors
2	RT: Credit Facility T: - FT: Credit Facility	A: 250000000 MR: - FA: $250 million FAN: 250000000	D: 2024-10-15 FD: 2024-10-15	1 investors

Credit Facility Latest

2025-04-03

$250.0M

1 investor (Pro only)

Credit Facility 2024-10-15

$250.0M

View 1 more funding rounds with Pro

Unlock Full Funding History

Growth Metrics

+45%

Employee Growth

YoY

3.2x

Funding Growth

Last Round

12

Markets

Operating

10K+

Customers

Active

View 3 more growth metrics with Pro

Unlock All Metrics

Mock Up

Team & Leadership

M

Mike Damaso

Co-CEO / Co-CIO

D

Don Young

Co-CEO / Co-CIO

M

Mike Manfred

Head of Capital Markets

M

Matt Wheelock

Co-Head of Research

B

Brendan McCourt

Head of Trading

E

Eri Nosaka

Co-Head of Research

View 13 more team members with Pro

Unlock Full Team Directory

Recent News