Northleaf Raises Over US$1 Billion for its Global Cross Capital Structure Private Credit Strategy

March 3, 2025

Source: Northleaf Capital Partners

Northleaf Capital Partners (“Northleaf”), a leading global private markets investment firm, today announced that it held the final closing for Northleaf Private Credit III (“NPC III” or the “Fund”). In aggregate, Northleaf raised more than US$1 billion in capital commitments for NPC III and separately managed accounts that invest alongside the Fund. The closing also included a rated note that was structured to meet the needs of insurance companies investing in the Fund.

“NPC III has a unique value proposition for investors with a focus on delivering strong risk-adjusted returns by investing across the capital structure in mid-market private equity-backed companies and asset-based specialty finance portfolios,” said David Ross, Managing Director and Head of Private Credit at Northleaf. “Our integrated, global private markets platform and longstanding private equity sponsor relationships provide informational advantages and differentiated access for our investors.”

If you would be interested in discussing the successful close of NPC III, which focuses on mid-market private equity-backed lending and asset-based specialty finance investments, with Northleaf's David Ross, please let me know.