News
ReflectsCore Strengths of the Firm’s Long-Standing Structured Capital Strategy
NEW YORK, August 14, 2024 – VSS Capital Partners (“VSS”), a private investment firm investing in the healthcare, education, and business services industries, is pleased to announce that it was ranked #2 for all private debt funds globally, according to PitchBook’s 2023 Global Manager Performance Score League Tables, as of December 31, 2023 and published on July 30, 2024.
“We’re proud to be yet again recognized by PitchBook as a top performer in the Global Private Debt category, which is a testament to the success of our firm’s all-weather strategy that for two decades has supported U.S. lower middle market businesses throughout market cycles,” said Jeffrey Stevenson, Managing Partner at VSS.
VSS’s Structured Capital strategy represents a unique hybrid approach, providing a combination of debt and equity to growth-oriented, lower middle market companies within the firm’s target sectors. The strategy offers the combination of non-control junior capital with the benefits of active partnership and industry expertise. The Structured Capital funds aim to achieve attractive and consistent risk-adjusted returns with the downside protection associated with debt and traditional mezzanine investments and the potential for upside gain associated with private equity investing.
“The PitchBook ranking is indicative of VSS’s proven ability to consistently generate risk-adjusted returns across economic cycles, and fulfill the capital needs of lower mid-market businesses when other capital providers aren’t in a position to do so,” adds Trent Hickman, Managing Director at VSS.
“VSS’s decades-long history of investing in founder-owned, high-growth lower middle market businesses, coupled with our team’s understanding of their capital needs to accelerate growth through add-on acquisitions, makes us a reliable strategic partner for them,” said Patrick Turner, Managing Director at VSS.
In 2023, VSS made four platform investments, completed three successful exits, and twenty-six add-on acquisitions.
PitchBook’s annual report ranks an asset manager’s various fund families by strategy utilizing a proprietary, data-driven methodology. Leveraging the platform’s track record and benchmark data, PitchBook ranks the historical performance of each manager’s family of funds across vintage years relative to each fund family’s peer groups. No compensation (cash or non-cash) was provided in connection with obtaining the rating.
About VSS Capital Partners
Headquartered in New York, VSS is a private investment firm that invests in healthcare, business services and education companies. Since 1987, VSS has partnered with lower middle-market companies, working closely with management teams, to facilitate their next stage of growth. VSS provides capital for growth financings, recapitalizations, strategic acquisitions, and buyouts with the flexibility to invest control or non-control capital, based on the needs and objectives of each company. VSS has managed $4 billion in committed capital across 8 funds and has completed 99 platform investments and over 600 add-on acquisitions.
The information presented is for educational purposes only and does not intend to make an offer or solicitation to sell or purchase any securities. VSS’s website and associated links offer news, commentary, and generalized research, not personalized investment advice. Nothing on this website should be interpreted to state or imply that past performance is an indication of future performance. All investments involve risk and, unless otherwise stated, are not guaranteed. Investment Advisory Services are offered through VSS Fund Management LLC, a Registered Investment Advisor with the U.S. Securities & Exchange Commission. Registration does not imply a certain level of skill or training.
This press release contains forward-looking statements, which involve assumptions, future plans, strategies, and expectations; these are generally identifiable by the use of the words “may,” “will,” “should,” “expect,” “anticipate,” “estimate,” “believe,” “intend,” “target,” “goals,” “plan,” “forecast,” “project,” other variations on these words or comparable terminology, or the negative of these words. These forward-looking statements are based on assumptions that may be incorrect, and VSS Fund Management LLC cannot assure you that the projections included in these forward-looking statements will come to pass. You should not rely on forward-looking statements, which speak only as of the date they are made. VSS Fund Management LLC undertakes no obligation to update or revise any forward-looking statements made herein publicly.