Friday, June 6, 2025

Disjointed Gaza Aid Tied to Chicago PEU


Jerusalem Post reported McNally Capital has an equity stake on SafeReach Solutions, a contractor on the Gaza Aid effort, woefully inadequate to safely meet the urgent, basic needs of a trapped population.  

McNally Capital, founded in 2008 by Ward McNally, helped "support the establishment" of Safe Reach Solutions, a McNally Capital spokesperson told Reuters. SRS is a for-profit company established in Wyoming in November.

The Grayzone added

Axios described Safe Reach Solutions as a “strategic planning and logistics company” and said it “drafted the operational plan for the checkpoint.”
JP noted:

"McNally Capital has provided administrative advice to SRS and worked in collaboration with multiple parties to enable SRS to carry out its mission," the spokesperson said. "While McNally Capital has an economic interest in SRS, the firm does not actively manage SRS or have a day-to-day operating role."

McNally Capital, a Chicago based private equity underwriter (PEU), specializes in two sectors, Aerospace & Defense (5 affiliates), as well as Industrial Technologies & Services (3 affiliates).  

Safe Reach Solutions is not one of the listed affiliates.  McNally defense affiliates provide strategic consulting, intelligence services, security advisory, engineered solutions and IT products.  They are fully capable of assisting SRS on its Gaza work. 

Flashback to the stoppage of United Nations food aid for Gazans.  Israel shut it down after ending the ceasefire in March.  

Somehow Trump's initiative found Safe Reach Solutions.  


There's more to this story than can be found in public records.  But that's the way it is in our PEU world.  

The PEU playbook involves affiliates serving Uncle Sam for access to his trillion $ wallet.  Politicians Red and Blue love PEU and increasingly, more are one. 

Update 7-10-25:  McNally Capital hired Boston Consulting Group for work on the Gaza aid project.  Two BCG partners were fired for an "off the books" project team reportedly "worked on a proposal to transform postwar Gaza into a regional trading hub and were involved in modeling the cost of relocating a quarter of the Palestinian population."  NYPo reported.

More than a dozen BCG staff worked on the effort, codenamed “Aurora,” between October 2024 and late May of this year, including senior figures such as the firm’s chief risk officer and the head of its social impact practice.

The article clarified BCG was originally hired by McNally affiliate Orbis for the Gaza aid work.  The work shifted from pro bono to paid in March under NcNally Capital on behalf of SafeReach Solutions.