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- Leonid Capital Partners Surpasses $265M AUM, Exceeding 2024 Goals
Leonid Capital Partners Surpasses $265M AUM, Exceeding 2024 Goals
Slice of Finance Team
25 Nov
Key Highlights:
Leonid surpasses $265M in assets under management (AUM) for 2024, exceeding fundraising goals.
Advanced $125M in capital this year to high-growth, mission-critical technology firms.
Average investment size increased from $2.1M to $8.3M, reflecting larger deal sizes.
Over 75% of borrowers doubled revenue, leveraging Leonid's capital to secure new contracts.
Donates 50% of after-tax profits to military family and veteran support organizations.
Source: Business Wire
Notable Quotes:
“This milestone marks a belief in our work and the continued demand for credit investment among companies that do mission critical and groundbreaking work across the government ecosystem.”
“We are successful when our clients are successful, and we believe we’re well positioned to continue advancing our goal of being the preferred lender for companies at the forefront of innovation in government and defense technology.”
Our Take:
Leonid Capital Partners’ ability to surpass its 2024 fundraising goal and grow its average investment size signals a strong demand for non-dilutive capital solutions in the government technology sector. The firm’s unique approach to accepting government contracts as lendable assets positions it as a critical player in bridging public-private innovation. Furthermore, Leonid’s philanthropic commitment strengthens its reputation and demonstrates alignment with its mission to support national security initiatives. This achievement underscores Leonid’s growing influence in shaping the future of defense technology financing.