26North
26North is a direct lender on Termgrid, founded in 2023. It is active in United States across 2 distinct strategies.
Lender profiles are only available to Sponsors on Termgrid.
About 26North
26North is a direct lender founded in 2023, active in United States. The firm deploys arr loans, co-invest and gp financing with sector activity in Aerospace & Defence, Business Services and Education.
26North is geographically focused on United States rather than running a multi-region strategy, and has 5 verified press mentions from tracked finance publishers in the last 12 months.
Compared to other direct lenders active in United States profiled on Termgrid, 26North is one of 213 firms in this segment, with a published ticket band of $50M – $200M.
Investment Strategies
Strategy Summary
| Strategy | Products | Ticket | AUM | Latest Fund |
|---|---|---|---|---|
| Direct Lending | ARR Loans, Co-invest | $50M – $200M | $9B | — |
| Special Situations Fund | ARR Loans, Co-invest | $50M – $200M | — | — |
Sector Focus
Products
Currency Capability
Relationship Management
Termgrid's platform allows sponsors to track activity across their deals and portfolio with 26North automatically. Subscribers can see their live relationship trackers.
Deal Execution
Termgrid subscribers execute and manage their transactions with 26North end to end, from NDA through negotiation to signing.
Precedents
Termgrid automatically builds a precedent database across your transactions with 26North, so your team gets to insights faster.
Why Termgrid
Termgrid is the end-to-end platform for private capital markets. It is used to run deals, manage portfolios and track relationships across the capital markets ecosystem.
In the News
- AllianzGI PE head departs for 26North - Buyouts
- 26North Re to acquire Independent Life Insurance Group - pehub.com
- Apollo co-founder Josh Harris’ 26North Partners seals $5.9bn debut fundraise - AltAssets Private Equity News
- Josh Harris’ 26North closes $5.9bn debut fund above target in strong market entry - Private Equity Insights
- 26North Partners tops target by almost 50% in Fund I - Buyouts
External Coverage
Frequently Asked Questions
What investment strategies does 26North run?
26North operates 2 distinct investment strategies on Termgrid: Direct Lending, Special Situations Fund. Each strategy has its own criteria, ticket-size band and sector appetite, and is profiled separately on the firm's Termgrid page. Sponsors evaluating 26North typically look at the specific strategy that fits the deal type — the right contact and capital pool varies by strategy.
Which debt instruments does 26North provide?
26North deploys ARR Loans, Co-invest, GP Financing, NAV Financing, PIK Financing, Preferred Equity, Special Situations, and Unitranche / Senior Debt Direct Lending across its 2 strategies. These instruments are used in sponsor-backed transactions and direct corporate financings where 26North participates as a lender, with the breadth (8 distinct products) suggesting flexibility on capital structure. Specific tranching, pricing and structuring are negotiated per transaction; the standard band sits in the Investment Criteria section.
Where does 26North lend?
26North is active in United States. The firm concentrates its lending activity on United States. Regional focus reflects current deployment patterns recorded by Termgrid; firms periodically extend their mandate, so check the platform for the most current view.
Which sectors does 26North finance?
26North has shown lending activity in Aerospace & Defence, Business Services, Education, Financial Services, Healthcare, Renewables, Software, Technology (ex Software), Transportation & Logistics, indicating broad sector coverage rather than a vertical-specialist mandate. Sector appetite can shift fund to fund and from year to year, so it is worth confirming current appetite with the deal team before running a process. 26North's recent deal activity is referenced in the news section above.
When was 26North founded?
26North was founded in 2023, giving the firm 3 years of track record and currently has around 20 investment professionals. Firms with longer track records typically have multiple fund vintages and deeper precedent libraries; newer firms can be more flexible on terms but offer less historical performance data.
How do I connect with 26North?
Termgrid subscribers can route opportunities to 26North directly via the platform's deal execution workflow. The platform manages introductions, NDA exchange, materials sharing and term-sheet collaboration end-to-end. If you are not a Termgrid subscriber, request a demo to see the routing options and what the workflow looks like for 26North specifically.
See 26North on Termgrid
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