portfolio companies
$B
investment portfolio1
%
of investments as lead junior capital provider
Investment Criteria
Company Size (EBITDA)
Maximum Commitment
Average Investment
$10 mm - $100 mm
Up to $150 mm
$10 mm - $75 mm
Highly Selective Investment Process:
We have stringent underwriting standards focused on relative value, strong credit statistics and a high level of portfolio diversity.
-
Initial vetting & structuring
-
Early assessment
-
Full due diligence
Recent Junior Capital Transactions
-
-
Revolution Dancewear
Revolution Dancewear
Lender
- Subordinated Note
Audax Management Company
August 2024
-
American Restoration
American Restoration
Lender
- Equity
- Subordinated Note
Morgan Stanley Capital Partners
July 2024
-
News & Press
Middle Market Lenders Fight to Wear Cargo Pants
NEW YORK, December 22, 2014 – How much direct lending capacity is in the middle market? Welcome to one of the most frequently asked (and most challenging) questions in the world of leveraged lending.
Credit Due: Keeping Pests Under Control
NEW YORK, December 4, 2014 – Cutting through Central Park on our way to a meeting recently, we encountered a worker fiddling with what looked like a centrifuge for uranium enrichment. Somewhat alarmed, we slowed our pace.
1. Includes both junior and structured capital.