#USA #New York #BC Partners #Briarcliffe Credit #Freeport Financial

Briarcliffe Credit Partners Makes Waves in North America

In a remarkable achievement, Briarcliffe Credit Partners has emerged as a leading placement agent, successfully securing over $3.4 billion in investable capital for their partners, BC Partners Credit and Freeport Financial. This funding marks a significant milestone in the private credit space, showcasing Briarcliffe's exceptional ability to connect institutional investors with lucrative opportunities in the market.

The Special Opportunities Fund III (SOF III), managed by BC Partners Credit, successfully closed recently, amassing over $1.4 billion — exceeding its funding targets. Similarly, Freeport Financial's First Lien Loan Fund VI achieved an impressive $2.0 billion in capital, further solidifying its position as a strong player in direct lending.

Strategic Insights from Briarcliffe

Jess Larsen, the founder and CEO of Briarcliffe, expressed his enthusiasm for partnering with both BC Partners Credit and Freeport Financial. He stated, "Briarcliffe was pleased to partner with BC Partners Credit and Freeport Financial on the fundraises of SOF III and Fund VI. These strategies reflect the unique opportunities available to institutional investors in the market today." This collaboration highlights Briarcliffe's role in enhancing investor access to quality fund opportunities through rigorous selection processes.

BC Partners, an established investment firm founded in 1986, has a rich history in private equity, private debt, and real estate. The firm launched BC Partners Credit in February 2017 to discover attractive credit opportunities, even within complex market frameworks. SOF III aims to offer consistent, all-weather returns by extending capital solutions to entrepreneur-led businesses and sponsor-supported ventures across North America.

On the other hand, Freeport Financial's Fund VI focuses on senior-secured first lien, floating-rate loans tailored for private equity-owned companies in the US lower middle market. With almost 25% of its capital deployed across diverse sectors such as business services, industrial components, and healthcare, Freeport is committed to providing flexible financing solutions.

The Diligence Advantage

Briarcliffe takes pride in its meticulous diligence process, which only selects about 2% of the nearly 250 General Partners it evaluates annually. This disciplined approach ensures that clients like BC Partners and Freeport, who possess proven track records and seasoned leadership, consistently achieve their fundraising goals. Larsen noted, "LPs have once again indicated their confidence in Briarcliffe's highly selective diligence with clients like BC Partners and Freeport Financial."

About the Funds

1. BC Partners Credit: The firm leverages its extensive industry knowledge and operational resources across various sectors, including business services and healthcare. By emphasizing flexible financing solutions, BC Partners aims to cater both to investors and to the companies requiring financial support.
2. Freeport Financial: With a history that dates back to 2005, Freeport has provided over $10 billion in loan commitments to more than 600 companies. Their experience and industry insight allow them to serve the unique financing needs of private equity guardians and the management teams involved.

Conclusion

Briarcliffe Credit Partners has established itself as an influential player in North America's financial landscape. The agency's ability to raise substantial capital and its selective approach to fund opportunities position it as a trusted partner for institutional investors seeking quality investments. As the market continues to evolve, Briarcliffe is likely to remain at the forefront, aligning leading financial organizations with effective funding solutions.