Investment Criteria
Company Size (EBITDA)
Maximum Commitment
Target Investment
$10 mm - $100 mm
Up to $500 mm
$75 mm - $300 mm
Streamlined Investment Process:
We foster a rigorous underwriting of credit. Our deep middle market sponsor relationships enhance our due diligence process.
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Transaction screening
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Deep due diligence
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Investment Committee approval
Recent Senior Transactions
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AmerCare Royal
AmerCare Royal
Lead Left Arranger
- Senior Secured Credit Facility
HCI Equity Partners
September 2024
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Clean Solutions Group
Clean Solutions Group
Lead Left Arranger
- Senior Secured Credit Facility
Wind Point Partners
September 2024
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CLEAResult
CLEAResult
Co-Lead Arranger
- Senior Secured Credit Facility
Kohlberg & Company
August 2024
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AWP Group Holdings
AWP Group Holdings
Co-Lead Arranger
- First Lien Credit Facility
Kohlberg & Company
August 2024
News & Press
The Promise and Pitfalls of Permanent Capital
NEW YORK, April 2, 2015 – We’re seeing a rush to pound out new publicly-traded (and private) business development companies, with many launched and more lined up in registration. Managers have correctly identified the virtues of BDCs: one-to-one fund leverage, tax advantages for investors, access to permanent capital, double-digit return potential, the fact that banks can own them under Dodd-Frank… Need we go on?
No Payback Time for Leveraged Borrowers
NEW YORK, March 5, 2015 – One tenet of sound lending practices is establishing the borrower’s capacity to repay its debt over the contractual life of the obligation. So it’s not surprising that regulators have taken banks to task in recent reports highlighting a growing number of leveraged loan issuers which lack that capacity.
Credit Due: Deposit Clamp-Down Will Boost Alternative Lenders
NEW YORK, February 5, 2015 – For some time, US regulators have been discouraging banks from making “risky loans”. Now we’re learning of their concerns about banks taking “risky deposits” as well. There’s no mention yet of any plans to clamp down on giving away free toasters.