LLCP Lower Middle Market Fund IV is a Delaware-registered limited partnership and the fourth fund in the Levine Leichtman series of funds, which focus on companies in the lower end of the U.S. mid-market. Levine Leichtman Capital Partners has been active since 1984 in establishing and managing private equity funds that execute buyout transactions. Over the course of its operations, the firm has raised approximately USD 18.3 billion.
The fund is a buyout fund. The firm invests in companies operating in the lower end of the U.S. mid-market, with a focus on sectors that are not exposed to seasonality and have a low correlation with the broader economy. The fund’s investment strategy is based on acquiring control positions in companies through a combination of equity investment and debt financing, enabling the generation of ongoing cash flow from interest payments alongside potential capital appreciation.
