Harlan Capital Partners, a leader in opportunistic private credit investments, has officially announced a successful closing of Harlan Special Opportunities Fund V LP (“HSOF V” or the “Fund”) and its associated vehicles, raising approximately $130 million. Besting the previous HSOF IV, which raised approximately $115 million, HSOF V saw the reflected participation coming from a diverse group of investors, including family offices, high-net-worth individuals, wealth management firms, fund-of-funds, and nonprofit endowments. As for where the raised funds are likely to go, they will be used alongside Harlan Capital’s proprietary network, as well as its extensive market expertise, to identify and exploit market inefficiencies. Markedly enough, the focus here will be on supporting non-traditional companies, borrowers, and asset types, and that too, across diverse sectors such as media, technology, telecommunications, and specialty finance etc. This the company will do to basically become a clear-cut leader in delivering tailored financial solutions at the disposal of underrepresented markets. More on the same would reveal how, even with wider focal point, the company is approaching the whole effort with a particular interest in high-growth sectors, including technology, digital media, and intellectual property. In fact, across these sectors, Harlan has already invested in certain companies. These companies include, for starters, Connext Networks. Connext Networks happens to be a rapidly growing fiber-to-the-home network which targets over 100,000 homes in the Interstate 15 corridor outside of Salt Lake City.
Next up, the company has backed Collective Ace Group, a video game aggregator that specifically focuses on acquiring and operating leading independent video game development studios and game IP.
“We are thrilled to have raised $130 million for HSOF V, which we feel reflects our commitment to sourcing and investing in niche alternatives,” said Josh Harlan, Founder and Managing Partner of Harlan Capital. “We believe our deep experience in private credit enables us to navigate and capitalize on the current market landscape and provide our investors with unique opportunities that are uncorrelated to mainstream markets. We look forward to the opportunities ahead and remain committed to identifying and investing in unique and underrepresented markets.”
Another company that already has Harlan Capital as its investor would be Gray Cube Sports. In simple terms, Gray Cube Sports is a specialty finance platform which provides structured credit to soccer teams. This credit line, on its part, is collateralized by non-traditional revenue streams, such as player transfer fee receivables. Joining all these investments is the one Harlan has made in Augusta Distillery. This one brings a Kentucky Bourbon inventory finance facility in partnership with a distillery that won Best Bourbon in the World for 2023 at the San Francisco World Spirits Awards.
