Direct Lending

Principal

Principal is a direct lender on Termgrid. It is active in United States.

Primary Market:United States
Active on TermgridVisit Website

About Principal

Principal is a direct lender, active in United States. The firm deploys unitranche / senior debt direct lending and direct lending fund with sector activity in Business Services, Consumer Goods and Financial Services.

Principal 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, Principal is one of 213 firms in this segment, with a published ticket band of $25M.

Investment Criteria

Criteria for Principal's Direct Lending strategy
Ticket Size
USD 25.00 MILLION
Target EBITDA
5.00 MILLION
AUM
3400.00 MILLION
Latest Fund Size
Subscriber only

Sector Focus

Industries Principal actively finances
Business ServicesConsumer GoodsFinancial ServicesHealthcareIndustrialsSoftwareTechnology (ex Software)

Products

Products Principal deploys across strategies
Unitranche / Senior Debt Direct LendingDirect Lending Fund

Currency Capability

USD
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Relationship Management

Manage your relationship with Principal on Termgrid
Subscriber access required

Termgrid's platform allows sponsors to track activity across their deals and portfolio with Principal automatically. Subscribers can see their live relationship trackers.

Deal Execution

Execute your transaction with Principal on Termgrid
Subscriber access required

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

Precedents

Manage your precedents with Principal
Subscriber access required

Termgrid automatically builds a precedent database across your transactions with Principal, 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

Principal in the financial press
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External Coverage

Find Principal on third-party platforms

Frequently Asked Questions

What strategy does Principal run?

Principal 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 Principal provide?

Principal deploys Unitranche / Senior Debt Direct Lending and Direct Lending Fund across its strategy. These instruments are used in sponsor-backed transactions and direct corporate financings where Principal participates as a lender. Specific tranching, pricing and structuring are negotiated per transaction; the standard band sits in the Investment Criteria section.

Where does Principal lend?

Principal 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 Principal finance?

Principal has shown lending activity in Business Services, Consumer Goods, Financial Services, Healthcare, Industrials, Software, Technology (ex Software). 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. Principal's recent deal activity is referenced in the news section above.

How do I connect with Principal?

Termgrid subscribers can route opportunities to Principal 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 Principal specifically.

How current is this profile?

This profile was last updated on 2026-03-10. 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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