Praesidian Seals SBIC License

Praesidian Capital, which provides mezzanine capital for small and medium-sized companies, has received approval for its Praesidian Capital Opportunity Fund III to operate as a Small Business Investment Company, the firm announced. New York-based Praesidian Capital partners with small and mid-sized businesses, providing private debt capital. The firm managed more than $500 million in committed capital.

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