Northstar Capital (Northstar), a provider of junior capital for middle market private equity transactions, has invested in Black Diamond Networks (Black Diamond), a portfolio company of Tenex Capital Management (Tenex).
Black Diamond is a provider of professional staffing solutions exclusively focused on scarce, high-end skill sets in advanced technical fields, specialising in life sciences and engineering and technology sectors.
Black Diamond is the eighteenth platform investment in Fund VII, a USD500 million committed parallel fund strategy consisting of Northstar Mezzanine Partners VII LP and Northstar Mezzanine Partners SBIC LP.