Summit Partners Raises $520 Million Credit Fund
Summit Partners announced today that it has raised a $520 million credit fund to address the borrowing needs of growing middle-market companies. This brings Summit’s total equity and credit capital base to nearly $15 billion. The fund will be run in Boston by Managing Directors Todd Hearle and Jamie Freeland who joined Summit in 2010.
Surpassing its initial target of $300 million, Summit Partners Credit Fund will target credit investments in profitable companies with proven business models, a record of stable growth, and the leadership capable of sustaining that growth… vollständiger Artikel