MSD Partners has held a final closing of MSD Special Investments Fund LP with $825 million in capital. The new fund had a target of $500 million.
MSD Partners was formed in 2009 by the principals of MSD Capital, a family office formed to manage the capital of Michael Dell and his family.
The new special investment fund (SIF) has opportunistic criteria that allows it to target investments in liquid and illiquid credit, structured finance, and equities. Activities of the SIF is led by Robert Platek, the head of credit at MSD Partners, and co-portfolio managers Jeremy Herz, Matthew Olim and Scott Segal.
“We are honored to receive strong support from our existing and new investment partners in the MSD Special Investments Fund,” said Mr. Platek. “Since launching SIF, we have been investing in a substantially expanded opportunity set, and we continue to find very attractive entry points in businesses and industries we know well.”
“The success of the SIF fundraise represents another important milestone in the development of MSD’s credit platform, which also included the closing last month of our MSD Real Estate Credit Opportunities Fund,” said John Phelan, managing partner and co-founder of MSD Partners. “As MSD’s business evolves, we will continue to evaluate growing our broad investment platform not only in credit, but in the equities of public and private companies, real estate and other asset classes and securities.”
MSD Partners is headquartered in New York City with additional offices in Santa Monica, California and West Palm Beach, Florida.
Private Equity Professional | August 4, 2020