Deerpath Capital announces final close

Deerpath Capital announced the closing of its sixth flagship debt fund.

Fund name: Deerpath Capital VI
Amount raised: $1.5 billion
Stage of fundraising: Final close
Predecessor fund: Deerpath Capital V

Deerpath Capital Management has held a final close of $1.5 billion for Deerpath Capital VI, according to a recent press release.

The New York-based asset manager’s sixth flagship senior debt fund was launched in September 2021 with a target size of $1.5 billion. The vehicle’s predecessor, Deerpath Capital V, held a final close in May 2021 with $1.1 billion in capital raised.

According to the firm’s press release, Deerpath Capital VI has invested 65 percent of its capital raised to portfolio companies. The fund’s provides senior debt investments to established organisations that are valued between $50 million to $150 million.

Platinum subscribers may click here for the investor’s full profile, including key contacts, allocation strategy and fund investments.