News

Everside Milestone: Close of 30th Investment & Final Close of Fund II

September 23, 2020

Everside is pleased to announce that our dedicated lower middle market investment team has completed and closed 30 investments across all of Everside verticals (i. Primaries, ii. Secondaries, iii. Directs).

Earlier this year, Everside was pleased to announce the closing of its second fund, which closed ahead of target and earlier than anticipated. As a firm, Everside now manages over $370M in assets out of two dedicated funds that offer onshore and offshore investors the opportunity to participate in our unique lower middle market credit strategy. We are privileged to count many leading global institutional investors, including endowments, foundations, pension funds and other financial thought leaders as our partners as we continue to work hard every day to manage their investment in us.

Everside remains in constant contact, diligently monitoring our portfolio and constructively working with our fund managers and management teams throughout the COVID-19 pandemic to successfully execute on our strategy. We are actively looking for great opportunities to support lower middle market businesses in the U.S. If you are a lower middle market business owner, investor, fund manager, investment banker or other participant in the lower middle market and want to learn more about Everside, please feel free to get in touch.

The firm invests primarily in lenders (mainly Small Business Investment Companies) and in debt securities encompassing a range of senior, subordinated, as well as structured equity securities. Everside works in partnership with fund managers, management teams, business owners, independent sponsors and private equity firms to finance growth initiatives, recapitalizations and ownership transitions. The firm is based in New York City.

 

About Everside

Everside, an SEC Registered Investment Advisor (RIA), is a New York based asset management firm focused exclusively on the lower middle market. The firm is led by a team with extensive backgrounds in credit, direct investing and origination from top global institutions. Everside focuses exclusively on partnering with Small Business Investment Companies (SBICs), primarily by providing partnership capital (“Primaries”), the purchase of secondary investments (“Secondaries”), as well as by participating in select credit co-investments (“Directs”).

For more information please contact: info@everside.com