St. Cloud Capital, LLC, a Los Angeles, CAbased based private investment firm, held the final closing of its fourth fund, St. Cloud Capital Partners IV SBIC, LP, with total capital commitments of $236m.
This included leverage from the Small Business Administration.
Fund IV will continue executing the same investment strategy as St. Cloud Capital’s predecessor funds, providing debt and equity growth capital to lower middle market companies in the U.S. St. Cloud typically invests $5 million – $20 million in companies across a wide range of industries in every layer of the capital structure, including senior secured debt, subordinated debt, and minority equity.
Led by Managing Partners Benjamin Hom, Kacy Rozelle, Robert Lautz, and Matt Smith, St. Cloud has already made three investments in Fund IV in Sentinel Offender Services, LLC, Clear Sight Partners, LLC, and Atomica Corp.
Since its inception in 2001, St. Cloud Capital has managed over $700 million in total capital across its four funds.
FinSMEs
12/07/2023