Multiplier Capital closes $227 mln for initial fund


Venture debt firm Multiplier Capital has closed its debut fund on $227 million. Liberty Peak Capital was the lead investor. Other LPs include a college endowment, a publicly traded bank and various family offices.

Founded by partners Ray Boone, Ezra Friedberg, Henry “Huck” O’Connor and Kevin Sheehan, the firm provides loans ranging from $3 million to $15 million to companies that are in the growing or expanding stage. According to the firm, it has already closed 16 loans across various growth industries, such as cyber security, digital media and healthcare IT.

On the closing of its firm’s first fund, Sheehan said: “Our strong capital base and nimble decision-making process consistently provide a solid financing alternative to shrewd company managers, and our venture debt experience offers very attractive risk-adjusted returns to our investors.”

Multiplier Capital has offices in New York, LA and Washington, D.C.

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