Breakaway Capital has closed its second direct-lending fund after hitting its upper limit, juiced by commitments from individuals and family offices.
The Los Angeles-based mid-market lender announced the investment vehicle, Breakaway Capital Partners Fund II, hit the $100 million hard-cap, surpassing the initial $75 million fundraising goal. The second fund is twice the size of its debut fund, which made its initial investment in January 2015.
