Key Takeaways
- • Colbeck Capital Management has launched Colbeck Strategic Income (CSI), a direct lending strategy with $400m (£303.8m) in initial capital commitments.
- • CSI will focus primarily on first-lien senior secured loans to middle-market companies in their "next stage transition."
- • CSI has already completed six investments, backed by both existing and new Colbeck investors, according to the firm.
- • The launch sits alongside the flagship Colbeck Strategic Lending (CSL) strategy, which has more than $1.7bn in invested and committed capital.
- • Colbeck, headquartered in New York, has invested more than $5bn since its inception.
Summary
Private credit manager Colbeck Capital Management has launched a new direct lending strategy, Colbeck Strategic Income (CSI), with $400m (£303.8m) of initial capital commitments, according to Alternative Credit Investor. The strategy will focus primarily on first-lien senior secured loans to middle-market companies that are entering what the firm describes as their "next stage transition."
The firm said CSI has already made six investments, supported by both existing and new Colbeck investors. The launch complements Colbeck's flagship Colbeck Strategic Lending (CSL) strategy, which has more than $1.7bn in invested and committed capital. Colbeck's third CSL fund closed in December 2024 at more than 40 per cent above its fundraising target, the firm added.
Co-founders and managing partners Jason Colodne and Jason Beckman said the firm has seen a growing pipeline of high-quality opportunities in larger, more established middle-market companies offering an attractive risk-adjusted profile. They noted that, as alternative markets have matured and sourcing capabilities have deepened, these opportunities have expanded. Despite remaining a focused, single-strategy firm, they argued that two complementary verticals, CSL and CSI, provide investment optionality and diversification in a dynamic market backdrop.
Headquartered in New York, Colbeck has invested more than $5bn since its inception.
The firm said CSI has already made six investments, supported by both existing and new Colbeck investors. The launch complements Colbeck's flagship Colbeck Strategic Lending (CSL) strategy, which has more than $1.7bn in invested and committed capital. Colbeck's third CSL fund closed in December 2024 at more than 40 per cent above its fundraising target, the firm added.
Co-founders and managing partners Jason Colodne and Jason Beckman said the firm has seen a growing pipeline of high-quality opportunities in larger, more established middle-market companies offering an attractive risk-adjusted profile. They noted that, as alternative markets have matured and sourcing capabilities have deepened, these opportunities have expanded. Despite remaining a focused, single-strategy firm, they argued that two complementary verticals, CSL and CSI, provide investment optionality and diversification in a dynamic market backdrop.
Headquartered in New York, Colbeck has invested more than $5bn since its inception.
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