Varagon Capital Partners is an asset manager specializing in directly originated middle market credit. They invest in term loans sourced through relationships with middle market companies and financial sponsors. Varagon manages investments through pooled investment vehicles (Funds) and separately managed accounts (SMA Clients), making investment decisions based on the investment objectives and guidelines of each client. The firm may also provide short-term funding to clients for investment purposes, for which they may receive a fee.
Fee Structure
Varagon Capital Partners' fees vary by client. They typically charge clients a quarterly management fee, calculated as a percentage of the value of the investments in the client's account. These fees generally range from 0.4% to 1.0% annually. In some cases, they also charge incentive fees based on the client's investment income. The firm's compensation is negotiable and may be waived or modified for certain investors. The firm does not maintain a standard fee schedule.