Maranon Capital has held the final close of Maranon Mezzanine Fund at USD207m.
In combination with Maranon Senior Notes, Maranon now has approximately USD557m of committed capital under management.
“We are extremely pleased with the successful close of the Mezzanine Fund,” says Tom Gregory, managing director and co-founder of Maranon Capital. “In a very challenging fundraising environment, we garnered significant interest from top tier institutional limited partners. We are grateful for their support and look forward to building a long and mutually rewarding relationship with each of them.”
Limited partners in the Mezzanine Fund include public and corporate pension plans, insurance companies, family offices and individuals.
Mallory Capital Group acted as Maranon’s placement agent. Kirkland & Ellis served as legal counsel.
Maranon Capital provides senior financing, mezzanine debt and equity co-investments for private equity-backed and non-sponsored middle market transactions.
