Launches & Fundraising

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Star Mountain Capital closes oversubscribed Strategic Credit Income Fund 3’s USD225m leverage facility led by ING

Star Mountain Capital closes oversubscribed Strategic Credit Income Fund 3’s USD225m leverage facility led by ING

Star Mountain Capital’s Lower Middle-Market Strategic Credit Income Fund 3, which closed in June 2020 above its target equity raise (over USD610 million of LP capital including separate accounts), closed a USD225 million asset-based leverage facility, led by ING Capital. to provide what the firm believes to be a modest amount of leverage for its sophisticated institutional and high-net worth investors in the fund.