Direct Lending

Cercano

Cercano is a direct lender on Termgrid. It is active in United States, Asia.

Primary Market:United States, Asia
Active on TermgridVisit Website

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

Criteria for Cercano's Direct Lending strategy
Ticket Size
USD 10.00 MILLION to 100.00 MILLION
Target EBITDA
20.00 MILLION
AUM
10000.00 MILLION
Latest Fund Size
Subscriber only

Sector Focus

Industries Cercano actively finances
HealthcareSoftwareTechnology (ex Software)

Products

Products Cercano deploys across strategies
Direct Lending FundUnitranche / Senior Debt Direct Lending

Currency Capability

USD
Learn more →

Relationship Management

Manage your relationship with Cercano on Termgrid
Subscriber access required

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

Execute your transaction with Cercano on Termgrid
Subscriber access required

Termgrid subscribers execute and manage their transactions with Cercano end to end, from NDA through negotiation to signing.

Precedents

Manage your precedents with Cercano
Subscriber access required

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.

$1tn+
Financing volume managed on the platform
30,000+
Investment professionals on the platform
1,600+
Financial institutions on the platform

In the News

Cercano in the financial press
See more on Google News →

External Coverage

Find Cercano on third-party platforms

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

Join the private credit professionals using Termgrid to source, execute and manage deals.

Request a DemoSee the Profiles Hub