Stillwater Asset Management

Stillwater Asset Management is a wealth management firm in Stillwater, Minnesota, operating as an alternative investment firm focused on private credit and private debt. The firm applies a value investment approach to acquire, manage, and divest portfolios of commercial real estate mortgages, commercial loans, and commercial and industrial loans, with the goal of preserving the principal investment. It serves institutional investors and high net worth clients, pursuing absolute returns through due diligence and underwriting coupled with active investment management and creative exit strategies. The firm also provides loan valuation using proprietary mark to model financial models, opportunities to dispose of loans through negotiated deals, and commercial loan servicing and workout through Willow River LLC, covering performing, non-performing and sub-performing commercial real estate loans including CRE, C&I, Agriculture, and church loans. Stillwater Asset Management was founded by Lena Motz in 2017 as a woman-owned asset management firm. Lena Motz serves as Founding Principal, Chief Executive Officer and Chief Investment Officer, with twenty years of credit experience, and built out the investment team, back office, and affiliated loan servicing company. The team includes Nick Olson as CFO, Raemi Gubrud as President of Willow River LLC, Henry Bensen and Matt Bentson as Vice Presidents, Mary Gonzaga and Madeline Motz as Senior Investment Analysts, Ben Hinderer as Accounting and Financial Reporting Manager, Brooke Backlund as Investor Relations Analyst, Mackenzie Huber as Commercial Loan Workout Analyst, Kayley Gehrels as Commercial Credit Specialist, Jessica Berglund as Collateral Specialist, and Laurel Cunningham as Accounting Manager. The firm describes itself as large enough to advise on a broad range of topics and small enough to provide personalized services, with a client-driven focus on bespoke financial and investment advice. The office is located in the Bour Daghs Professional Building at 106 Chestnut St E, about 0.2 miles from Main Street South, Downtown Stillwater, the Stillwater Post Office, Veteran's Memorial, Main Street North, and Teddy Bear Park. Stillwater Asset Management is headquartered in Stillwater, the birthplace of Minnesota, where the first territorial convention began the process of making Minnesota a state in 1848. From this base the firm has established access to deal flow from local, regional and big banks and a network of countrywide brokers.