– Colbeck Capital Management has raised $700 million in capital commitments for its third flagship fund, Colbeck Strategic Lending III (CSL III), exceeding its target by 40%.
– The Fund received strong support from a diverse group of investors, including pensions, insurance companies, endowments, foundations, consultants, registered investment advisors, and family offices.
– The successful final close brings Colbeck’s total invested and committed capital to $3 billion.
– CSL III continues Colbeck’s strategy of providing senior secured loans to asset-heavy, cash flow-generating middle-market companies undergoing transition.
– The firm leverages its underwriting, investing, and restructuring expertise to create value for both borrowers and investors.
– Jason Beckman and Jason Colodne, Managing Partners and Co-Founders: “We are grateful for the tremendous support we have received for the Fund from both new and existing investors. We believe it reflects investors’ confidence in our differentiated approach and team, as well as underscores growing institutional appetite for time-tested and specialized private credit strategies.”
– The closing of CSL III follows Colbeck’s continued team expansion, with Gregory L. Budetti, MBA and Henry Chang joining the firm in late 2024 as Head of Business Development and Senior Vice President on the investment team, respectively.
