Capitala, a non-public markets funding agency for US small companies, has reported its newest fundraise was oversubscribed with over $1bn (£777m) in commitments.
This contains leverage, and individually managed accounts.
Capitala added 42 new financial institution companions to its platform throughout this fundraise, along with many blue-chip institutional international buyers, it stated.
“Reaching $1bn in commitments is a serious achievement for our agency, which displays the power of our platform and the belief positioned in us by our buyers,” stated Joe Alala III, founder and chief government of Capitala Group.
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Capitala invests each debt and fairness capital into small companies situated all through the US.
The agency’s technique helps family-owned, entrepreneur-owned, and unbiased sponsor-owned corporations searching for non-control development capital for his or her companies.
Capitala presently has over $300m of equity-focused commitments out there to co-invest alongside its debt capital.
“With 79 banking companions fuelling our proprietary origination platform, we imagine we’ve got a aggressive edge in figuring out and sourcing high-quality funding alternatives,” stated Alala.
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Capitala operates beneath a versatile capital mandate, offering capital options to decrease middle-market corporations via unitranche first-lien loans and fairness co-investments.
“These companies usually face challenges accessing versatile capital, and Capitala’s distinctive method bridges that hole by offering tailor-made monetary options,” the corporate stated.
“By partnering with companies throughout numerous industries, Capitala continues to play a pivotal position in driving financial development and creating worth for its buyers.”
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