About This Fund
Pine Street Capital Partners IV, LP is the fourth mezzanine investment vehicle managed by Pine Street Capital Partners, an experienced lower middle market credit firm headquartered in Albany, New York with additional offices in Wellesley, Massachusetts. The fund received approval from the U.S. Small Business Administration (SBA) for a Small Business Investment Company (SBIC) license, enabling it to leverage government-backed capital alongside its own equity to provide subordinated debt and minority equity to qualified small businesses across the United States.
Pine Street Capital Partners IV targets investments of $3 million to $15 million per transaction, serving companies seeking capital for change of control transactions, corporate growth initiatives, acquisitions, and recapitalizations. The fund focuses on high-quality lower middle market businesses in manufacturing, business services, consumer products, healthcare, and media, while excluding real estate, biotechnology, and oil and gas industries. Individual transactions may be executed as sole investor or alongside private equity sponsors and management teams in larger deal structures.
Building on three prior funds and more than $425 million in aggregate assets under management, Pine Street Capital Partners IV represents an evolution in the firm's mezzanine capacity, with increased per-transaction thresholds compared to predecessor vehicles. The SBIC license provides structural advantages in cost of capital and investment flexibility. Pine Street Capital Partners has supported growth and value creation in over 60 platform companies since its 2004 founding, deploying subordinated capital at the critical inflection points that lower middle market companies often face when accessing traditional bank financing channels.