Yukon Partners is pleased to announce the successful final closing of Yukon Capital Partners IV, L.P., and its associated parallel funds (collectively “Fund IV”). Fund IV, a $625,945,000 fund, will provide mezzanine capital to middle market businesses: a continuation of its strategy from prior funds, most recently Yukon Capital Partners III, L.P., a 2017 vintage, $558,740,000 fund. Investors in Fund IV include domestic and international pension funds, international banking conglomerates, insurance companies, endowments, foundations, consultants, and family offices. Dorsey & Whitney LLP served as legal counsel and Credit Suisse’s Private Fund Group acted as advisor and exclusive placement agent for Fund IV.
“We are pleased to have the opportunity to continue investing on behalf of our investor base, and excited to work with our new limited partners. We are especially pleased with the increased support we received from our existing limited partners who again increased their overall commitments to Yukon. Despite the pandemic, we also expanded our investor base to now include investors from Asia. All of this is testament to the consistent and strong performance of the Yukon team,” said Michael Hall, Managing Partner of Yukon.
“Since founding Yukon, we have remained focused on our middle market niche and our development of an engaging and inclusive culture. We are extremely proud of the team we have built which will continue to provide top quartile stewardship in the future,” stated William Dietz, Managing Partner of Yukon.
The firm continues to grow and expand its capabilities. Adam Moorse, Nathan Weekly, and Laura Vanic joined the firm as associates bringing valuable experience in investment banking, transaction advisory, accounting, and due diligence services to underwriting and portfolio management activities. Yukon also welcomes a new special advisor, Lee Alvarez, Senior Managing Director at Marwood to assist with its healthcare related investments. Taylor Walters has also joined the firm as a senior accountant, bringing further depth and expertise to the back-office team. Yukon continues to expand its geographic footprint, adding a new office in West Palm Beach, FL as well as expanding into a new space in Minneapolis, MN.
Since its inception in 2008, Yukon has raised over $1.8 billion in total capital commitments across four funds. Fund IV will be invested by Yukon’s partner group; Michael Hall, William Dietz, and Michael Furey who, combined, have executed more than 102 investments representing nearly $2.0 billion of invested capital since 2000. Yukon Partners primarily serves the middle market in private equity sponsor- led business transactions including buyouts, growth and platform strategies, recapitalizations, mergers/acquisitions, and public-to-private buyouts. Yukon typically invests $10 to $60 million per transaction.
For more information, please visit www.yukonpartners.com, or contact:
Michael Hall
Managing Partner
Yukon Partners
612-435-7802