– Freeport Financial Partners, LLC has closed Freeport First Lien Loan Fund VI with $2.0 billion in investable capital, including targeted leverage and separately managed accounts.
– Fund VI exceeded its $1 billion equity target by over $200 million, closing with $1.2 billion in equity commitments and $800 million in targeted leverage.
– The fund attracted a broad base of institutional investors across North America, Europe, and Asia, including public and private pension plans, insurance companies, endowments, and foundations.
– Fund VI focuses on directly originated, senior-secured first lien loans to private equity-owned U.S. lower middle market companies with EBITDA of $3–25 million.
– Approximately 25% of the fund’s capital has already been deployed across industries such as business services, industrial components, and healthcare services.
– Josh Howie, Managing Director at Freeport, expressed gratitude for investor support and a diversified base of limited partners.
