Blue Torch Capital

Blue Torch Capital is a private investment firm based in New York City, specializing in providing bespoke credit solutions to middle-market companies across various industries. Founded in 2017, the firm focuses on direct lending strategies to companies in transition, offering financial and operational flexibility to build long-term value. Their extensive experience enables them to underwrite complex situations quickly, working efficiently alongside key transaction stakeholders. The firm primarily targets companies with a minimum of $50 million in annual revenue, with investment sizes generally ranging from $30 million to $250 million. Their portfolio spans a diverse array of industries, including technology, healthcare, real estate, financial services, consumer goods, energy, media, telecommunications, retail, manufacturing, transportation, logistics, education, hospitality, and construction. Blue Torch Capital has a proactive and disciplined approach to portfolio management, emphasizing active engagement by the investment team, disciplined portfolio monitoring, and diversification across the portfolio to mitigate risks. As of April 2024, the firm has deployed over $8.2 billion across 127 portfolio companies since its inception. Their most recent fund, Blue Torch Credit Opportunities Fund III, closed in January 2024 with total investor commitments of $2.3 billion, exceeding its $2.0 billion target. This fund continues the firm's focus on providing bespoke credit solutions to middle-market companies requiring capital support for growth, acquisitions, operational challenges, and financial distress. The firm's leadership, under CEO Kevin Genda, who has over thirty years of experience in the private credit markets, is committed to delivering attractive risk-adjusted returns for investors while supporting the growth and development of their portfolio companies.

Blue Torch Capital's investment strategy is centered on a flexible approach to lending, focusing on direct lending to companies in transition. This includes businesses undergoing operational, financial, legal, or regulatory transformations, or those requiring financing solutions within an accelerated time frame. The firm's flexible mandate allows it to adapt to market conditions and pursue opportunities in participation and secondary markets, alongside middle-market private equity firms and bank backlogs. Their target company characteristics include a minimum of $50 million in annual revenue, with no minimum EBITDA, primarily in the U.S. and Canada, with capacity for other geographies. The firm offers various products, including first lien term loans, asset-based revolvers, and first-in-last-out loans, with use of proceeds for acquisitions, growth, refinancings, recapitalizations, LBOs, rescue financings, DIP and exit financings, venture debt, and secondary debt purchases.

The firm's proactive and disciplined approach to portfolio management involves active engagement by the investment team, disciplined portfolio monitoring, and diversification across the portfolio to mitigate risks. The investment team monitors borrower performance, industry trends, and market conditions in real time, discussing formally at no less than weekly portfolio review meetings. Blue Torch Capital seeks to maintain portfolio diversity by industry, borrower, and underlying assets to de-risk loss potential associated with any one credit. As of April 2024, the firm has deployed over $8.2 billion across 127 portfolio companies since its inception. Their most recent fund, Blue Torch Credit Opportunities Fund III, closed in January 2024 with total investor commitments of $2.3 billion, exceeding its $2.0 billion target. This fund continues the firm's focus on providing bespoke credit solutions to middle-market companies requiring capital support for growth, acquisitions, operational challenges, and financial distress. The firm's leadership, under CEO Kevin Genda, who has over thirty years of experience in the private credit markets, is committed to delivering attractive risk-adjusted returns for investors while supporting the growth and development of their portfolio companies.