About This Fund
Dawson Portfolio Finance 6 LP (PF6) is the sixth flagship portfolio finance fund of Dawson Partners, a Toronto, London, and New York-based global alternative asset manager with over US$25 billion in AUM that specializes in structured liquidity solutions for private markets participants. The portfolio finance strategy provides bespoke capital solutions including preferred equity, structured debt, and portfolio liquidity mechanisms to institutional limited partners and general partners seeking flexible alternatives to traditional secondary sales or standard NAV lending facilities — an approach that preserves optionality for LPs while generating yield-like risk-adjusted returns for the fund's investors. PF6 closed oversubscribed at its US$7.0 billion hard cap on October 23, 2025, raising over US$7.7 billion including affiliated co-investment vehicles, well above the US$6.0 billion original target, making it Dawson's largest fund to date and one of the largest fundraises ever dedicated solely to structured private-markets liquidity solutions. The fund attracted over 100 unique institutional and private wealth investors across 17 countries and 4 continents, including public pension plans such as the Minnesota State Board of Investment, Maryland State Retirement and Pension System, the Los Angeles City Employees' Retirement System, and Fresno County Employees' Retirement Association, reflecting broad global institutional demand for portfolio finance solutions as PE portfolios age and traditional exit routes remain constrained. Kirkland & Ellis served as legal counsel to Dawson on the closing.