Star Mountain Capital Closes its Oversubscribed SBIC Fund at $290 Million Including SBA Leverage
This fund provides Star Mountain with additional capital to make value-added debt and equity investments in established U.S. small and medium-size businesses that generally have between $15 million and $250 million in annual revenues.
- This fund provides Star Mountain with additional capital to make value-added debt and equity investments in established U.S. small and medium-size businesses that generally have between $15 million and $250 million in annual revenues.
- We are honored and delighted to have such strategic and high caliber investors to partner with us and the SBA in our SBIC fund, said Brett Hickey, Star Mountain Capital Founder & CEO.
- Our team at Magnetar has known the Star Mountain team for many years and we are delighted to make this strategic investment with them.
- Star Mountain and the SBIC program is a winning combination for investors, businesses owners, and the US economy.