About This Fund
Peninsula Fund VI, LP is a mezzanine and structured junior capital fund managed by Peninsula Capital Partners, LLC, headquartered in Southfield, Michigan. The fund completed its final closing in August 2016 with $402 million in committed capital, representing the sixth vehicle in Peninsula Capital's fund series and continuing a credit strategy focused on providing customized financing solutions to lower middle-market companies across the United States.
Peninsula Fund VI focuses on non-sponsored and independently-sponsored transactions in the lower middle market, investing subordinated debt or equity in amounts ranging from $5 million to $50 million per transaction, and pursuing both controlling and non-controlling positions. The fund deploys capital in connection with leveraged buyouts, recapitalizations, growth financings, buy-and-build strategies, and equity repurchases across a diversified range of industries including healthcare, food and beverage, business services, industrials, manufacturing, and automotive—sectors characteristic of the Midwestern middle market Peninsula Capital has served since its 1995 founding.
Peninsula Fund VI builds on the track record established across predecessor vehicles in a fund family that has collectively deployed approximately $2.4 billion through eight funds, completing more than 150 platform investments and more than 120 successful exits. The fund's $402 million final close exceeded fundraising expectations for the vintage cycle and reinforced Peninsula Capital's position as a specialist mezzanine investor whose flexible, multi-tranche capital approach and active ownership model have attracted consistent institutional support throughout multiple market cycles.