Hudson Ferry Capital Launches New $200 Million SBIC Fund for Growth Investments
Hudson Ferry Capital Launches a New SBIC Fund
Hudson Ferry Capital, a reputable private equity firm, has announced the successful licensing of its latest investment vehicle, Hudson Ferry Capital III, L.P. Known as HFC III, this new fund has been approved as a Small Business Investment Company (SBIC) by the US Small Business Administration. This marks a significant milestone for the firm and signifies its commitment to investing in the lower middle-market segment.
With an impressive capital pool of over $200 million, HFC III will focus on making strategic control-oriented investments in founder and family-owned businesses, particularly within the business service, industrial, and niche manufacturing sectors. The firm aims to provide essential growth capital while fostering sustainable growth in these companies, which play a critical role in the American economy.
Tim Ross, a partner at Hudson Ferry Capital, expressed pride in achieving the SBIC license, emphasizing the firm's gratitude for the unwavering support from private investors and the SBA. He stated, "This milestone enables us to continue creating value for investors while also advancing the SBA's core mission. By partnering with exceptional management teams, we can support the growth of high-quality American businesses in the lower middle market." This sentiment reflects Hudson Ferry's dedication not only to its investors but also to the broader economic landscape.
The licensing of HFC III also sets the stage for a new chapter in Hudson Ferry's evolution as a private equity firm. The experienced partners, including Tim Ross himself, Andrew Fleiss, and Dean Pernisie, will lead the charge in identifying and nurturing new investments, further solidifying the firm's reputation and commercial success.
Hudson Ferry Capital, established in 2006 and based in Stamford, Connecticut, focuses primarily on lower middle-market firms that exhibit an EBITDA between $3 to $7 million. The firm's investment strategy revolves around deep collaboration with management teams, driving operational improvements, and ultimately cultivating significant value creation. As they embark on this new journey with HFC III, the firm anticipates expanding its portfolio in line with its growth-focused vision.
Moreover, this SBIC licensing underscores not only Hudson Ferry's corporate growth ambitions but also highlights the essential role that private equity firms play in nurturing smaller businesses, ensuring they receive the necessary investment to thrive. By aligning with the SBA's mission, Hudson Ferry is positioned to make impactful investments that contribute to economic growth and job creation in its targeted sectors.
As they move forward, Hudson Ferry Capital plans to leverage its extensive network and resources to propel the companies in which they invest toward greater successes. With the backing of substantial capital and a seasoned team, HFC III is set to pursue unique opportunities that may shape the future of the lower middle-market segment. Ultimately, the firm aspires to continue making a transformative impact, not just for investors but for the American economy at large.
In summary, the launch of Hudson Ferry Capital III marks a significant step forward for the firm as it seeks to strengthen its presence in the lower middle-market investment landscape. With a clear strategy and a dedication to quality partnerships, Hudson Ferry Capital is poised to create lasting value in the years to come.