MLG Capital Appoints Kelly Whetstone as New Chief Compliance Officer and Associate General Counsel

MLG Capital Welcomes Kelly Whetstone to Key Leadership Role

MLG Capital, a prominent player in the realm of private real estate investments, has announced the significant appointment of Kelly Whetstone as its new Chief Compliance Officer and Associate General Counsel. This strategic decision underscores the company's commitment to upholding the highest standards of regulatory compliance and ethical business practices as it continues to grow in the competitive investment sector.

A Seasoned Professional Joins the Team

Bringing over two decades of extensive legal and compliance expertise specifically within the financial services industry, Kelly Whetstone is expected to enhance the firm's compliance infrastructure. Prior to her new role, she served as the Deputy General Counsel at ACA Group, where her responsibilities included managing regulatory compliance and providing legal guidance across various investment management matters. Her impressive portfolio also features a tenure as Chief Compliance Officer for the investment adviser and distributor of Homestead Funds, alongside legal counsel positions at multiple prestigious law firms.

Whetstone's academic credentials are equally remarkable; she earned a Juris Doctor from the University of Virginia School of Law, complemented by an MBA from Florida State University. She is an active participant within the Association of Corporate Counsel and has earned widespread recognition for her leadership efforts aimed at advancing professional standards within the legal community. Additionally, she holds several financial licenses (series 6, 7, 26, 63, and 66), further attesting to her comprehensive qualifications.

Commitment to Regulatory Compliance

As MLG Capital's Chief Compliance Officer and Associate General Counsel, Whetstone will spearhead the firm's compliance programs, ensuring alignment with SEC, FINRA, and state regulations. She will also provide essential legal counsel on matters related to investment advisory responsibilities.

Billy Fox, Principal and President of MLG Capital, expressed enthusiasm about Whetstone's addition to the team, stating, "Kelly's appointment marks an important milestone for MLG. Her extensive experience in compliance and legal affairs will lead our compliance department with integrity and precision. At MLG, we believe that talent drives our ability to serve our clients, and Kelly exemplifies that standard. With her leadership, we are confident in reinforcing our commitment to regulatory compliance and trust among our investors and partners."

MLG Capital's Mission and Goals

Founded in 1987, MLG Capital has continuously focused on offering high-net-worth individuals, family offices, and investment advisors access to tax-advantaged, diversified private real estate strategies. The firm emphasizes elevating not just its property investments but also the surrounding communities, showcasing a holistic approach to real estate investment.

With a track record of acquiring around 50.9 million total square feet of commercial property, which includes over 44,200 multifamily units, MLG Capital boasts a substantial total estimated market value of approximately $7.9 billion as of June 30, 2025.

In conclusion, Kelly Whetstone's addition to MLG Capital not only strengthens the firm’s compliance framework but also signifies its dedication to fostering ethical business practices in an ever-evolving financial landscape.

For more information on MLG Capital and its investment strategies, please visit the firm's newsroom. Note that this release is intended for qualified investors and does not constitute an offer to sell any securities. Always consult with investment, tax, or legal professionals regarding specific investment opportunities and the associated risks. MLG Capital operates under the guidance of the U.S. Securities Exchange Commission.