Morningside Capital is pleased to announce the successful realization of its NAV loan investment in Project Bloomingdale. This transaction, initially closed in June 2021, provided liquidity and follow-on capital to a US middle-market buyout investment firm. Following the recent exit of a portfolio company, Morningside’s investment was fully repaid in October 2024.
Project Bloomingdale is representative of Morningside’s NAV-based financing investment strategy. By providing bespoke financing solutions to high performing private equity sponsors, we are able to deliver compelling risk-adjusted returns to our investors.