Star Mountain Capital, LLC (Star Mountain), a private credit and secondaries specialist investment firm with approximately $3.75bn in assets under management, has closed its Value-Added Direct Lending Fund IV above its $750m LP capital target at approximately $1.2bn.
Fund IV provides strategic financing to assist high quality, established private businesses finance acquisitions and organic growth, often capitalizing on the aging demographic universe of business owners looking to exit at potentially compelling valuations for buyers.
The Fund was supported by both existing and new investors, including public pension funds, insurance companies, asset managers, banks, endowments, foundations, family offices and RIA/wealth management platforms and their clients.
There was strong support from new and longstanding clients from 25+ U.S. states, and approximately 20 countries including from regions such as Canada, Europe, the Middle East, Australia, South America, and Asia.
