Cercano
Cercano is a direct lender on Termgrid. It is active in United States, Asia.
Lender profiles are only available to Sponsors on Termgrid.
About Cercano
Cercano is a direct lender, active across United States and Asia. The firm deploys direct lending fund and unitranche / senior debt direct lending with sector activity in Healthcare, Software and Technology (ex Software).
Cercano sits in the top 50 by reported AUM, and concentrates on a narrow sector set (Healthcare, Software, Technology (ex Software)).
Compared to other direct lenders active in United States profiled on Termgrid, Cercano is one of 213 firms in this segment, with a published ticket band of $10M – $100M.
Investment Criteria
Sector Focus
Products
Currency Capability
Relationship Management
Termgrid's platform allows sponsors to track activity across their deals and portfolio with Cercano automatically. Subscribers can see their live relationship trackers.
Deal Execution
Termgrid subscribers execute and manage their transactions with Cercano end to end, from NDA through negotiation to signing.
Precedents
Termgrid automatically builds a precedent database across your transactions with Cercano, 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
- Cercano fuori - YouTube
- Cercano Management - Financial Details - Crunchbase
- Inside Paul Allen’s $10.5 Billion Exit: Why Cercano’s Employee-Owned Pivot Matters for Elite Capital - CEOWORLD magazine
- Paul Allen estate exits Cercano as $10.5bn wealth manager goes employee-owned - Private Equity Insights
- Education finance platform EduFund raises $6 million from Cercano Management, MassMutual Ventures - The Economic Times
External Coverage
Frequently Asked Questions
What strategy does Cercano run?
Cercano 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 Cercano provide?
Cercano deploys Direct Lending Fund and Unitranche / Senior Debt Direct Lending across its strategy. These instruments are used in sponsor-backed transactions and direct corporate financings where Cercano participates as a lender. Specific tranching, pricing and structuring are negotiated per transaction; the standard band sits in the Investment Criteria section.
Where does Cercano lend?
Cercano is active in United States and Asia. Sponsors running cross-border processes can include Cercano 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 Cercano finance?
Cercano has shown lending activity in Healthcare, Software, Technology (ex Software), suggesting a relatively focused sector 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. Cercano's recent deal activity is referenced in the news section above.
How do I connect with Cercano?
Termgrid subscribers can route opportunities to Cercano 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 Cercano 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.
See Cercano on Termgrid
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