Audax Group Closes Senior Loan Fund III with $1.6 Billion of Investable Capital

audaxgroup_150x150Audax Group (“Audax”), a leading alternative asset management firm specializing in investments in North American middle market companies, today announced the successful final close of Audax Senior Loan Fund III (“SLF III” or “the Fund”) at its hard cap of $500 million of committed equity. SLF III was oversubscribed and exceeded its fundraising target of $400 million of equity. The Fund will employ modest leverage, utilizing a credit facility of over $1.1 billion in commitments, bringing the total investable capital of the Fund to over $1.6 billion.

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