01

Investment
Portfolio &
Process

Direct access to loans sourced by a
leading middle market lender

We believe the best way to invest in middle market credit is as a lead lender. Lead lenders see opportunities first and benefit from enhanced diligence, greater control, and an active role in structuring transactions.

Only a select group of lenders have the relationships, capabilities, and credibility to be a ‘first-call’ partner to leading private equity firms. We have invested to build a platform that consistently delivers these opportunities to our investors

Disciplined underwriting by a team of
seasoned professionals

We are committed to protecting and growing our investors’ capital. Our team has decades of investment experience and applies a rigorous buy-side underwriting approach to every opportunity we consider.

Each investment undergoes a multi-step underwriting process that begins with a thematic view of industry fundamentals and market conditions. Opportunities are screened by senior credit officers and, if pursued, analyzed by a team of professionals. Finally, our Investment Committee thoroughly reviews each opportunity to identify the investments that deliver the most compelling risk-adjusted returns.



We offer flexible investment solutions with deep
transparency, not one-size-fits all products

Market-leading unitranche partnership
with Ares Capital

Varagon has partnered with Ares Capital Corporation to create the Senior Direct Lending Program, a joint venture that combines the strength of both firms in unitranche lending.

02

Solutions
for Investors

Products tailored to meet the needs of
every investor we serve

Middle market credit appeals to many investors, but Varagon recognizes that each has unique needs, priorities, and investment preferences. Accordingly, we offer a wide range of products to accommodate different investors, as well as customized strategies tailored to specific needs.

We have special expertise working with insurers and offer products designed to optimize capital efficiency and meet other requirements of these investors.

A manager grounded in transparency,
alignment, and service

Our commitment to service and transparency applies to every investor we serve. We believe that all investors should have access to clear, useful information about our strategies and their portfolio.

We were built on a core principle of alignment that ties our success to the results we deliver to investors.

 
03

Philosophy

“Varagon was built with a long-term perspective of the direct lending market. We believe that to be successful, we must go beyond originating attractive investments. We must also provide investors with the transparency, service, and flexibility of an in-house investment team.”