Direct Lending Practice

Direct Lending Practice

Portman Ridge invests in performing, well- established middle market businesses that operate across a wide range of industries. It employs fundamental credit analysis, targeting investments in businesses with relatively low levels of cyclicality and operating risk.
Portman Ridge originates transactions from middle market financial sponsors and various intermediaries. We have the ability to lead financings or partner with other investors.


  • EBITDA size of $5 to $25 million
  • History of generating consistent cash flows and stable financial performance
  • Identifiable and defensible market positions in industries with favorable dynamics
  • Management teams with demonstrated track records and aligned incentives



  • Unitranche loans (including last out)
  • First lien loans
  • Second lien loans
  • Subordinated debt
  • Equity co-investment



Portman Ridge is a generalist investor with experience in the following sectors:

  • Aerospace/Defense
  • Business Services
  • Consumer Products
  • Education
  • Food & Beverage
  • Healthcare
  • Industrial & Environmental Services
  • Logistics & Distribution
  • Manufacturing
  • Media & Telecommunications