Asset Manager

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Pelham S2K

Pelham S2K is a direct lender that invests debt and structured equity capital into small and medium sized U.S. companies. It invests debt and equity capital...

Pelham S2K logo

Pelham S2K

Pelham S2K is a direct lender that invests debt and structured equity capital into small and medium sized U.S. companies. It invests debt and equity capital into middle market companies generating $3-$15 million of EBITDA. Investments are typically in the form of senior secured unitranche loans or second lien loans, often with an equity coinvestment.

General information

Firm type

Generalist

Year founded

2015

Location

Region

North America

Country

United States

City

New York

Corporate office

330 Madison Avenue, 29th Floor, New York, NY 10017, United States

Principals

Jonathan Terzi

Team Member

Juan Alva

Team Member

Venita Fields

Team Member

Kurt Nyman

Team Member

Ruth J. Huet

Team Member

Mary Lou Malanoski

Team Member

Scott Sobel

Team Member

Sector focus

Private Credit

Frequently asked questions

What type of financing does Pelham S2K provide?

Pelham S2K invests debt and structured equity capital primarily through senior secured unitranche loans and second-lien loans. The firm targets companies generating $3 million to $15 million in EBITDA. Most transactions include an equity co-investment component, aligning its returns partially with borrower equity upside.

Which sectors does Pelham S2K target or avoid?

The firm states it invests across a wide range of industries and does not publish a sector exclusion list. Its middle-market, EBITDA-driven credit mandate is generalist, with investment decisions driven by capital-structure seniority, cash-flow durability, and sponsor quality rather than sector specialization.

What is Pelham S2K's known posture on co-investments alongside external GPs?

Pelham S2K's typical deal includes an equity co-investment alongside its senior secured loan. The firm acts as a direct lender, not a fund-of-funds, so it does not invest into external general partner funds. Its relationship is direct with borrower companies and, often, their private equity sponsors, who value its ability to provide committed, non-syndicated capital.

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