Star Mountain Capital, LLC, a rapidly growing, employee-owned U.S. lower middle-market investment firm with approximately $4.5 billion in assets under management (AUM), has announced that it closed its second SBIC fund above its target at $286 million of investible capital, which is a fund size that optimizes the maximum amount of SBA debentures accessible for investors. As part of the Small Business Investment Company (SBIC) program, SBIC Fund II, like SBIC Fund I, benefits from the full $175 million of Small Business Administration (SBA) debentures per fund. SBIC Fund II shares the same investment strategy and will invest alongside Star Mountain’s other direct investment funds, leveraging the scale and resources of the entire 130+ person firm, which is one of the largest independent teams in the U.S. dedicated to the lower middle-market.

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