Deerpath Beats Fund VII Target with $2 Billion in Capital

Deerpath Capital has closed its seventh flagship fund, Deerpath Fund VII, exceeding a $2 billion equity target and positioning approximately $3.5 billion of investable capital with anticipated leverage. The financing vehicle attracted commitments from more than 70 limited partners globally.

“The success of Fund VII reflects the strong, long-term partnerships we’ve built with our global investor base,” said Antonella Napolitano, Global Head of Investor Relations and Capital Formation. “Investors continue to value our disciplined underwriting, private equity-style diligence, careful monitoring, and consistent performance throughout market cycles. We thank our partners for their continued trust and support.”

New York City-headquartered Deerpath provides cash-flow-based senior secured lending, collateralized loan obligation issuance, and related structured credit to sponsor-backed U.S. lower middle market companies, serving borrowers and financial sponsors. Founded in 2007, the firm manages about $9 billion and operates regional origination teams across major U.S. markets that have invested over $14 billion across more than 1,200 transactions. James H. Kirby is CEO and Chairman.