Brookside Mezzanine Partners has closed its fourth fund at $375 million, beating its $250 million target. As with its previous funds, Brookside Mezzanine Fund IV will provide subordinated debt, second lien, unitranche financing and minority equity capital to support leveraged buyouts, strategic acquisitions, recapitalizations and growth initiatives of small and mid-sized companies in the U.S.
Brookside Mezzanine Partners is pleased to announce the final closing of Brookside Mezzanine Fund IV, L.P. (“Fund IV”) at $375 million, well in excess of its $250 million target. Fund IV will continue the same investment strategy of its three predecessor funds by providing subordinated debt, second lien, unitranche financing and minority equity capital to support leveraged buyouts, strategic acquisitions, recapitalizations and growth initiatives of leading small and mid-sized companies across the United States.
“The Brookside team is grateful for the overwhelming support from both our existing and new limited partners,” said David Buttolph, Founder and Co-Manager of Brookside Mezzanine Partners. “Since inception, our firm has raised $900 million from a broad investor base, which consists of banks, institutional investors, family offices and high net worth individuals. We look forward to continuing our strategy of providing flexible capital solutions to leading companies in the lower-middle market where we believe we can continue to achieve the strongest returns for our limited partners.”