Providence Investment Partners Announces Final Close of $185 million SBIC Fund

Providence Investment Partners Announces Final Close of $185 million SBIC Fund
Providence Investment Partners has announced the final closing of Providence Investment Partners I LP (SBIC Fund I) with $185 million of committed capital, well above the targeted amount. Our fundraising success is purely a reflection of the graciousness of our investors, and we are humbled by their willingness to entrust us with their capital. Investors include commercial banks, asset managers, family offices and high net worth individuals.
Providence is a Texas-based private capital firm that provides creative, flexible and patient debt and equity capital for lower middle market companies ($2–$10 million in EBITDA) primarily in Texas and the Southwest.
Read full press release here.
Powered By GrowthZone