Overview

Deerpath Capital Management provides private credit and direct lending for lower-middle market U.S. companies, specializing in cash-flow-based senior debt. It offers customized first-lien, senior secured loans (typically $25–$75 million) funded through its multi-vehicle platform, including pooled funds and CLOs, with revenue from interest and asset management fees. The firm differentiates itself with a large, diversified platform (about $9 billion AUM and 1,100+ transactions) and a capital-preservation, cash-flow focus, supported by its independent operation after PGIM's majority investment and its UNPRI signatory status. Its goal is to deliver steady, risk-controlled private credit solutions to institutional investors by financing sponsor-backed acquisitions and other cash-flow positive businesses while expanding its global investor base.