– Stellus Capital Management announced the final close of Stellus Credit Fund IV (SCF IV) with approximately $1.5 billion of investable capital.
– SCF IV is the successor to Stellus Credit Fund III and officially closed on April 1, 2026.
– The fund has already invested in 44 portfolio companies.
– SCF IV focuses on private credit opportunities across diverse industries in the
United States and Canada.
– Investments are originated and underwritten directly by Stellus.
– The fund attracted commitments from both new and existing institutional and high-net-worth investors globally.
– Stellus recently announced a definitive agreement to be acquired by Ridgepost Capital, formerly P10, Inc.
– The transaction is expected to close in mid-2026.
– The existing management team will retain control of day-to-day operations, investment decisions, and investment committee processes.
– Robert T. Ladd, Managing Partner at Stellus, said the strong support from new and returning investors reflects the firm’s 22-year track record in lower middle market direct lending.
