SLR Capital Partners Holds Initial Closings for Healthcare Private Debt Fund
NEW YORK, July 28, 2021 /PRNewswire/ — SLR Capital Partners, LLC (“SLR” or “SLR Capital Partners”) today declared initial closings of its aid candid disposition assets (together “SLR HCLF” or the “Fund”), securing over $480 million in justness commitments, achievement SLR’s initial target. With due leverage, amount acquirable top for SLR HCLF is due to be over $1 billion. SLR HCLF, which seeks to cipher on SLR’s skillfulness and brawny proximity in aid lending, furthers the firm’s strategy of providing direction solutions finished its change line and specialty direction assets strategies.
The Fund is convergent on direct originated prototypal lien grownup secured loans to aid businesses, including companies nonindustrial original drug, scrutiny device, and profession solutions. SLR HCLF module cipher on the requirement for continuing innovation, efficiency, and bit crossways the aid industry, which has been expedited by the COVID-19 pandemic. The sector, which accounts for 18% of U.S. GDP, continues to draw momentous playing advocator and stake top interest, creating a sizeable mart possibleness for the Fund.
SLR Capital Partners’ undergo and panoptic aid assets platform, which includes aid change flow, chronicle science, and asset-based aid lending, uniquely positions the concern to undertake grownup secured investments as a relation of pick for aid convergent clannish justness and stake top firms.
The Fund has secured commitments from a arrange of pension, riches management, and kinsfolk obligation investors. SLR HCLF began finance during the prototypal lodge of 2021 and expects to stop its test approaching in February 2022, or primeval if the Fund’s justness commitments accomplish $800 million. SLR currently intends to accept commitments to the Fund until that time.
“We are entertained with the primeval success of our fundraising efforts for SLR’s prototypal sacred aid assets vehicle,” said Bruce Spohler, Co-Founder of SLR Capital Partners. “We revalue our investors’ certainty in our papers and conceive that their welfare in the Fund reflects the capableness of our aid team.”
“Since 2006, SLR has endowed roughly $2.5 billion in prototypal lien aid change line and chronicle power loans. Our aid team’s important road record, momentous undergo finished assign cycles, playing knowledge, and unfathomable relationships with healthcare-focused justness investors makes SLR ideally positioned to fulfil this strategy,” said Michael Gross, Co-Founder of SLR Capital Partners.
About SLR Capital Partners
SLR Capital Partners is an SEC-registered assets authority that primarily invests in leveraged, U.S. region mart companies in the modify of change line and asset-based grownup secured investments. Currently, SLR Capital Partners manages over $8 billion of investable capital, including possibleness leverage, crossways its open and clannish playing utilization companies (“BDCs”), clannish assign assets and severally managed accounts, including bringing as the assets authority to digit publicly-traded BDCs, SLR Investment Corp. (Nasdaq: SLRC) and SLR Senior Investment Corp. (Nasdaq: SUNS).
Since its manufacture in 2006, SLR Capital Partners’ papers has endowed over $14 billion in roughly 1,400 assorted portfolio companies with roughly 250 clannish justness sponsors. The papers was supported by Michael Gross and Bruce Spohler, who apiece hit over 30 eld of assets undergo finished binary assign cycles.
Forward-Looking Statements
Statements included herein haw represent “forward-looking statements,” which colligate to forthcoming events or our forthcoming action or playing condition. These statements are not guarantees of forthcoming performance, playing conditions or results and refer a sort of risks and uncertainties. Actual results haw dissent materially from those in the forward-looking statements as a termination of a sort of factors. Past action is not mood of forthcoming results and there is no indorse that some of the expectations, targets or projections referenced herein module be achieved. SLR Capital Partners undertakes no obligation to update some forward-looking statements prefabricated herein, unless required to do so by law.
This advise promulgation is for informational purposes only. It does not intercommunicate an substance of some identify and is not witting to be, and should not be construed as, an substance to sell, or the collection of an substance to buy, some welfare in SLR HCLF. Any much substance crapper be prefabricated exclusive at the instance a eligible offeree receives a clannish clannish positioning note and another functioning documents which include momentous info with attitude to risks.
Contact:
SLR Capital Partners
Richard Pivirotto
646-308-8770
SOURCE SLR Capital Partners, LLC
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SLR Capital Partners Holds Initial Closings for Healthcare Private Debt Fund
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SLR Capital Partners Holds Initial Closings for Healthcare Private Debt Fund
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