Willow Tree Credit Partners, a credit alternatives platform focused on providing capital structure services and value add services to family-owned and financial sponsor-backed middle market businesses, has closed its most recent direct lending fund complex.

The fund focuses on senior secured, floating-rate loans to middle-market companies that are either undergoing a change of control or recapitalization or in need of growth capital. The fund, which includes parallel accounts and leverage, was supported by a group of limited partners including public and corporate pension plans, insurance companies, registered investment advisors, family offices, foundations and endowments.

“We are excited for the next phase of growth at Willow Tree as we rapidly deploy capital in what we believe to be an attractive vintage for floating rate private credit strategies,” states Tim Lower, Willow Tree chief executive officer and chief investment officer.