Dawson Partners, a specialized investment manager focused on providing structured liquidity solutions to the alternative asset class, held a successful final close for Dawson Portfolio Finance 4 at its US$4.0 billion hard cap. This is in excess of its US$3.0 billion target and double Dawson’s US$2.0 billion PF3, which closed in October 2019.
We are delighted to announce the final closing of our oversubscribed PF4. In a year that challenged us all, we are grateful for how our investors adapted to a virtual world
With the closing of PF4, Dawson has now raised over US$7.5 billion in commitments, deployed over US$6.3 billion across over 75 transactions and grown to 85 professionals since inception in 2015.
Our unique approach has enabled us to help create a sizeable and growing market opportunity, one that we believe we are just beginning to explore
We remain very thankful to our limited partners for the support we received in an environment that required us all to adapt and remain flexible
Dawson welcomed a total of 112 investors into PF4 comprised of leading insurance companies, public and corporate pension plans, family offices, financial institutions and individual investors.
As we raised capital, we also maintained our focus on deployment. Dawson deployed US$3.0 billion (pre-syndication) in 2020 making it our largest deployment year ever
Our fund sizes have grown in parallel with the growth of the market opportunity. We continue to provide liquidity to investors in an otherwise illiquid asset class
Over the past year, we have more than doubled the size of our firm. We remained committed to scaling the business successfully alongside the market opportunity
Kirkland & Ellis LLP and Goodmans LLP served as legal counsel for Dawson and PF4.
