Yukon Partners has held the successful final closing of Yukon Capital Partners IV and its associated parallel funds (collectively Fund IV) at USD625,945,000.
Fund IV will provide mezzanine capital to middle market businesses and is a continuation of the strategy from prior funds, most recently Yukon Capital Partners III, a 2017 vintage, USD558,740,000 fund.
Investors in Fund IV include domestic and international pension funds, international banking conglomerates, insurance companies, endowments, foundations, consultants, and family offices. Dorsey & Whitney LLP served as legal counsel and Credit Suisse’s Private Fund Group acted as advisor and exclusive placement agent for Fund IV.
“We are pleased to have the opportunity to continue investing on behalf of our investor base, and excited to work with our new limited partners. We are especially pleased with the increased support we received from our existing limited partners who again increased their overall commitments to Yukon. Despite the pandemic, we also expanded our investor base to now include investors from Asia. All of this is testament to the consistent and strong performance of the Yukon team,” says Michael Hall, Managing Partner of Yukon.
“Since founding Yukon, we have remained focused on our middle market niche and our development of an engaging and inclusive culture. We are extremely proud of the team we have built which will continue to provide top quartile stewardship in the future,” says William Dietz, Managing Partner of Yukon.