Yukon is led by founding partners Michael Hall and William Dietz, who together have closed more than 55 investments representing over $820 million of invested capital since 2000. Fund II represents the fourth fund Mr. Hall and Mr. Dietz have invested together.
Fund II will continue Yukon’s strategy of providing mezzanine capital to middle market businesses primarily in transactions controlled by private equity sponsors. “Since founding Yukon, we have remained focused on our middle market niche and have consistently generated attractive investments across all business cycles,” said Mr. Dietz. Fund II has already invested $70 million through five completed transactions since the fund began investing in December 2013.
“We are pleased to have the opportunity to continue investing on behalf of our loyal and supportive investor base, and excited to work with our new limited partners participating in Fund II. Investors include both domestic and international pension funds, insurance companies, endowments, foundations, consultants, and family offices,” said Mr. Hall.
Yukon Partners makes subordinated debt and equity investments of $10 to $40 million in middle market, private equity sponsored business transactions. The types of transactions that Yukon invests in includes buyouts, growth and platform strategies, recapitalizations, mergers & acquisitions, public to private buyouts, and refinancings. The firm is based in Minneapolis (www.yukonpartners.com).
Squire Patton Boggs served as legal counsel and Credit Suisse Asset Management’s Private Fund Group acted as an advisor and exclusive placement agent for Fund II.
2014 PEPD • Private Equity’s Leading News Magazine • 11-12-14