Jan. 10, 2013
/PRNewswire/ -- CapX Partners (CapX), a leading specialty finance company, announced today the close of its latest fund with total commitments of
. CapX IV closed at the end of 2012 with
of private capital. With their SBIC Debenture License, CapX IV now has access to an additional
in debenture leverage funding from the SBIC.
According to CapX Managing Partner Jeffry Pfeffer, "We are pleased to be able to continue to help more companies achieve their growth goals. Small and medium sized companies often have specific capital needs and therefore limited financing options—CapX's investment focus provides these companies the fixed asset oriented financing that stimulates their growth and corresponding vital job creation."
"These additional funds showcase the confidence our investors have had in our capabilities and strategies," added CapX Founding Partner James Hallene. "We look forward to putting their dollars to work, creating superior returns on their investments."
The SBIC program is a federally funded, public-private program created in 1958 to enhance access to investment capital for small business. Total financings to businesses through the SBIC debenture program grew to a 54-year record high of
in fiscal year 2012.
Founded in 1999, CapX Partners is a specialty finance company that focuses on private equity and venture backed portfolio companies looking for debt financing in the
range. CapX favors manufacturing, distribution, technology, energy and healthcare industries with an emphasis on revenue producing fixed assets. For more information on CapX, visit
SOURCE CapX Partners