Caspian
Caspian is a direct lender on Termgrid. It is active in United States, United Kingdom, W.Europe.
Lender profiles are only available to Sponsors on Termgrid.
About Caspian
Caspian is a direct lender, active across United States, United Kingdom and W.Europe. The firm deploys others, direct lending fund and subordinated / junior debt / mezzanine with sector activity in Business Services, Healthcare and Software.
Caspian 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, Caspian is one of 213 firms in this segment, with a published ticket band of $10M – $75M.
Investment Criteria
Sector Focus
Products
Currency Capability
Relationship Management
Termgrid's platform allows sponsors to track activity across their deals and portfolio with Caspian automatically. Subscribers can see their live relationship trackers.
Deal Execution
Termgrid subscribers execute and manage their transactions with Caspian end to end, from NDA through negotiation to signing.
Precedents
Termgrid automatically builds a precedent database across your transactions with Caspian, 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
- Putin Views Military Drills Against Aggression on Land, Caspian - Bloomberg.com
- TotalEnergies, XRG make FID for Absheron gas field development in Caspian Sea - S&P Global
- The return of the caspian tiger: how a species feared extinct has come back to Kazakhstan - The Guardian
- Ukraine war briefing: Iran accuses Kyiv of deadly attack on Iranian vessel in Caspian Sea - The Guardian
- Iran says Ukrainian attack on vessel in Caspian Sea killed sailor - Financial Times
External Coverage
Frequently Asked Questions
What strategy does Caspian run?
Caspian runs a single direct lending strategy on Termgrid. Its criteria, ticket sizes and sector preferences are documented in the Investment Criteria section above. Single-strategy firms typically concentrate deployment within a defined mandate rather than spreading capital across multiple fund vehicles.
Which debt instruments does Caspian provide?
Caspian deploys Others, Direct Lending Fund, Subordinated / Junior Debt / Mezzanine, and Unitranche / Senior Debt Direct Lending across its strategy. These instruments are used in sponsor-backed transactions and direct corporate financings where Caspian participates as a lender, with the breadth (4 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 Caspian lend?
Caspian is active in United States, United Kingdom, and W.Europe. Sponsors running cross-border processes can include Caspian where any of these geographies match the borrower or transaction. 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 Caspian finance?
Caspian has shown lending activity in Business Services, Healthcare, Software, Technology (ex Software), Agriculture & Food, Consumer Goods, Industrials, Retail, 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. Caspian's recent deal activity is referenced in the news section above.
How do I connect with Caspian?
Termgrid subscribers can route opportunities to Caspian 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 Caspian specifically.
How current is this profile?
This profile was last updated on 2025-09-16. Profile data is refreshed on a rolling basis from verified sources: firm-published materials, regulatory filings, and direct submissions from the lender. Press coverage from tracked finance publishers is aggregated nightly and shown in the news section above.
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