July 29, 2011 — Yukon Partners (Yukon) announced today that it has held its final closing of Yukon Capital Partners, L.P.
When discussing the final closing, Bill Dietz, a Managing Partner at Yukon, stated “We are very pleased to have garnered the support of the institutional limited partner community during a choppy period of time. Our investors approximate 30 in number and represent pension funds, financial institutions, fund of funds, insurance companies, family offices, and select individual investors from North America and Europe.”
“We are also excited to have long-term committed capital to invest in the current attractive market conditions and to continuing our successful strategy of partnering with private equity sponsors, many of whom generously supported us in our fundraising efforts and throughout the years before.” said Michael Hall, a Managing Partner at Yukon.
Glen Vanic, a Senior Managing Director of Thrivent stated that “We chose to invest with Yukon due to the long and successful track record and the focused strategy.”
Credit Suisse Securities (USA) LLC was the exclusive placement agent for the limited partnership interests.
Patton Boggs served as fund counsel.
About Yukon Partners
Yukon Partners is a mezzanine finance firm dedicated to serving middle market private equity sponsored business transactions with a typical investment range of $10 to $40 million. The transactions in which Yukon invests include Buyouts, Growth and Platform Strategies, Recapitalizations, Mergers/Acquisitions, Public to Private Buyouts, and Refinancings. For more information about Yukon Partners, please visit www.YukonPartners.com or contact Michael Hall at 612.435.7802 or William Dietz at 612.435.7804.