MINNEAPOLIS (June 5, 2024) — Yukon Partners (“Yukon”) is pleased to announce the final closing of Yukon Capital Partners V, L.P., and its associated parallel funds (collectively “Fund V”) with total commitments of $765.2 million. Fund V was oversubscribed, exceeding its $700.0 million target, and closing at its hard cap.
Fund V will provide mezzanine capital to middle market businesses; a continuation of its strategy from prior funds, most recently Yukon Capital Partners IV, L.P., a 2020 vintage, $626.0 million fund.
Investors in Fund V include domestic and international pension funds, international banking conglomerates, insurance companies, endowments, foundations, consultants, and family offices. Dorsey & Whitney LLP served as legal counsel.
“We are honored to receive such strong support from existing and new investors. The successful fundraise of Fund V is testament to our team, track record, and market positioning, and we are deeply appreciative of the confidence entrusted in us by our investors,” said Michael Hall, Managing Partner of Yukon.
“Since founding Yukon, we have remained focused on our middle market niche, while promoting an engaging and inclusive culture that relentlessly develops our team’s capabilities and leadership. We are extremely proud of the team in place and are confident we will continue to provide top quartile stewardship for years to come,” stated William Dietz, Managing Partner of Yukon.
Since its inception in 2008, Yukon has raised $2.6 billion in total capital commitments across five funds. Fund V will be invested by Yukon’s partner group, Michael Hall, William Dietz, Michael Furey, and David Sampair, who combined, have executed more than 105 investments representing nearly $2.3 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 from its locations in Minneapolis, Boston, and West Palm Beach. Yukon typically invests $10 to $75 million per transaction with the ability to arrange and commit to larger transactions.
For more information, please contact:
Michael Hall
Managing Partner
Yukon Partners
612-435-7802