About This Fund
The fund, Pathlight Capital Fund III LP, focuses on providing asset-based financing solutions to companies for working capital, refinancing, growth, acquisition, dividend, and turnaround strategies. This includes providing asset-based loans secured on a first or second lien basis against tangible and intangible assets. The fund received capital commitments from a diverse group of investors, including insurance companies, a health care system, and corporate and public pension funds. There is a strong emphasis on providing creative financing solutions to allow management teams to access incremental liquidity for various purposes. The fund has a significant GP commitment and employee participation, showing their confidence in their mission to create value for investors. In terms of target investments, the fund operates in various sectors and geographies, providing financing solutions to companies in need of capital for different strategic initiatives.