News

Arlington, VA (May 19, 2025) – LNC Partners, a founder-oriented private equity firm specializing in business and professional services companies, is pleased to announce the successful closing of LNC Partners III – SBIC, L.P. (“Fund III” or the "Fund") at its hard cap of $325 million in total commitments (including leverage).

Fund III will operate as a licensed Small Business Investment Company and continue LNC’s successful investment strategy of providing control equity, minority equity, and debt capital to smaller enterprises.

The Fund was oversubscribed and received strong support from both existing and new investors, including a diverse group of financial institutions, fund of funds, university endowments, family offices, and high-net-worth individuals. With the closing of Fund III, LNC Partners has now managed over $1 billion of capital across six investment funds since its founding in 2012.

On behalf of the firm, Managing Partners Matt Kelty, Robert Monk, and Mark Raterman commented.

“We are grateful for the ongoing support of LNC’s limited partners in our latest fund. Their commitment reflects a shared belief in the strategy of supporting middle market businesses as the first institutional investor, and in the potential to accelerate growth and build market leading platforms.”

Contact Us

Matt Kelty (703) 651-2147 [email protected]	Robert Monk (703) 651-2148 [email protected]
Mark Raterman (703) 651-2149 [email protected]	Kevin Cunningham (703) 650-0165 [email protected]
Dan Higgins (703) 651-9168 [email protected]	Matty Gardiner (Business Development) (703) 552-4431 [email protected]