Colbeck Capital Raises $700 Million for Latest Vintage Strategic Lending Fund

Colbeck Strategic Lending III Significantly Surpasses Target Demonstrating Strong Demand for Colbeck’s Sponsor-Like Approach to Financing Unsponsored Middle-Market Companies

NEW YORK--(BUSINESS WIRE)--Colbeck Capital Management (“Colbeck”), a leading middle-market private credit firm focused on strategic lending, today announced that it has raised $700 million in capital commitments for its third flagship fund, Colbeck Strategic Lending III (the “Fund” or “CSL III”), exceeding its target by 40%. The Fund received strong support from both existing Colbeck clients and new investor relationships globally, including public and private pensions, insurance companies, endowments, foundations, consultants, registered investment advisors and family offices. The Fund’s successful final close brings Colbeck’s current invested and committed capital to $3 billion.

CSL III builds on the firm’s 15-year+ track record of originating, structuring and financing senior secured loans to unsponsored, asset-heavy and cash flow generating middle-market companies undergoing transition. Colbeck leverages its extensive underwriting, investing and restructuring experience, deep sourcing networks, and private equity-style engagement to seek to create value for both its borrowers and investors at all points of the credit cycle.

"We are grateful for the tremendous support we have received for the Fund from both new and existing investors. We believe it reflects investors’ confidence in our differentiated approach and team, as well as underscores growing institutional appetite for time-tested and specialized private credit strategies," said Colbeck’s Managing Partners and Co-Founders, Jason Beckman and Jason Colodne. "As we start the new year, we see compelling opportunities to create highly structured capital solutions that can provide unsponsored businesses with the flexible financing they require and our investors with the results to which they are accustomed. We look forward to executing on new investments and further scaling our platform and portfolio."

The closing of CSL III follows the continued expansion of Colbeck’s team. In late 2024, Gregory Budetti and Henry Chang joined the firm as Head of Business Development and Senior Vice President on the investment team, respectively.

About Colbeck Capital Management

Colbeck Capital Management (colbeck.com) is a leading, middle-market private credit manager focused on strategic lending. Colbeck lends to companies going through periods of transition, providing creative capital solutions and risk mitigation strategies. Leveraging its deep relationships, Colbeck sponsors its portfolio companies through consistent engagement with management teams in areas such as finance, capital markets and growth strategies, distinguishing itself from traditional lenders. Colbeck was founded in 2009 by Jason Colodne and Jason Beckman, and its principals have extensive experience investing through different market cycles at leading institutions, including Goldman Sachs and Morgan Stanley.