A Track Record of Discipline
Investments led with management teams. Returns earned through rigor.
The results below reflect two parts of INDY Capital Partners' history. First, the historical performance of the original income-generating fund INDY (formerly known as Glen Road Fund #1) has operated since 2014. Second, the investments that built the foundation of INDY's discipline — businesses where INDY's founder, Steve Meehan, partnered with management teams and boards to build, scale, and exit successful companies. Past performance does not guarantee future results.
0%
ASSET MANAGEMENT FEE
7.5%
PREFERRED RETURN HURDLE
100%
INDY INVESTS ITS OWN CAPITAL ALONGSIDE INVESTORS IN EVERY DEAL
HISTORICAL TRACK RECORD — INCOME-GENERATING STRATEGY (2014–PRESENT)
A Decade of Disciplined Income Generation
11%+
Annualized Returns
Target 8–10%
>100%
Original Capital Returned
To Early Investors
10+
Years of Consistent
Quarterly Distributions
Since 2014, INDY's original income-generating strategy (formerly known as Glen Road Fund #1) has consistently exceeded its 8-10% mandate, delivering reliable quarterly distributions to investors for over a decade. Original investors have received more than 100% of their original invested capital back, and they continue to collect yield.
This is what disciplined, investor-first capital deployment looks like across a full market cycle.
HISTORICAL
Investments That Built INDY's Discipline
Before founding INDY Capital Partners, Steve Meehan led and partnered with management teams across multiple investments that demonstrated the same discipline INDY applies today: rigorous selection, hands-on partnership, and patience for the right exit. Below is a sample of some of the results achieved;
2,200%
Lorne Park Capital
Return to original investors over 14 years
1,300%
IPC Financial Network
Return to original public shareholders over 5 years
800%
Intrigue Technologies (Harmony Remote)
Return over 4 years
200%+
NVT Phybridge
Return on original invested capital — ongoing
Returns reflect investments led by Steve Meehan, working alongside management teams and boards prior to and including INDY Capital Partners. Past performance does not guarantee future results.
PHILOSOPHY
What These Results Tell Us
People Over Products
We're investing in management teams, not just business models. The right people can pivot; the wrong people can ruin a great product.
Buy Right, Not Just Buy
We walk away from more deals than we entertain. Discipline in entry price creates downside protection.
Add Value, Don't Just Add Capital
We help companies work ON the business, not just IN it. Process, systems, and strategic direction matter as much as money.
“We only make money when you make money. More specifically, we don't earn a dollar until you have received at least 7.5% first. That is the clearest way I can explain what alignment actually means." — Steve Meehan