Star Mountain Lower Middle-Market Capital Corp. is an externally managed, closed-end BDC that seeks to generate current income and capital appreciation. The Company invests primarily in privately negotiated loans and equity investments to U.S. small and medium-sized businesses, generally with annual revenues greater than $15 million and EBITDA of less than $50 million. It is managed by Star Mountain Fund Management, LLC and may conduct quarterly repurchases of its common stock.
News and Notices
Star Mountain Capital
2020
'40 Act
Non-Traded BDC
USD
Quarterly
December 31
News and Notices
Portfolio Holdings
Portfolio Composition
Growth
Capital Flows
Tender Offers
Share Classes
Returns
Fees
Ownership
Operating Metrics
Per Page
10
Notices
Oct 31, 2023
12:48
Redemptions
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Star Mountain Lower Middle-Market Capital launched a tender offer to repurchase up to 248,117 shares, or 2.5% of June 30, 2026 shares outstanding, at September 30, 2026 net asset value. Accepted investors will receive cash within 60 days.
Nov 19, 2023
11:36
Debt Issuances
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Star Mountain Lower Middle-Market Capital amended its revolving credit facility, reducing aggregate commitments from $200 million to $185 million and extending scheduled maturity from June 30, 2028 to July 3, 2029. Borrowing availability terms and lender participation changed.
May 12, 2025
14:30
Debt Issuances
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Star Mountain Lower Middle-Market Capital issued $25 million of additional floating-rate senior unsecured notes with a 3.75% spread, increasing the series from $25 million to $50 million. Debt carries quarterly interest and a 1.50 to 1.00 asset coverage covenant.
Jan 13, 2025
17:15
Other
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Star Mountain Lower Middle-Market Capital adjourned its vote on changing from a Delaware corporation to a Delaware statutory trust until August 7, 2026, to solicit additional votes. Valid proxies remain usable unless changed or revoked.
Jan 01, 2026
09:54
Redemptions
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Star Mountain Lower Middle-Market Capital offered to repurchase up to 250,425 common shares, 2.5% of March 31, 2026 outstanding shares, at June 30, 2026 net asset value. Holders of accepted shares receive non-interest-bearing promissory notes paid within 60 days.
Jun 29, 2024
15:59
Subscriptions
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Star Mountain Lower Middle-Market Capital sold 45,587 Class I common shares on May 29, 2026 for $1.1 million. Investors must fund drawdowns up to capital commitments with at least eight business days’ notice.
Sep 30, 2025
09:27
Ownership
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Star Mountain Lower Middle-Market Capital seeks approval to convert from a Delaware corporation to a Delaware statutory trust and rename as Star Mountain Lower Middle-Market Capital Company. If approved, it could issue unlimited common and preferred shares without shareholder approval.
Jun 10, 2024
16:41
Ownership
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Star Mountain Lower Middle-Market Capital Corp. seeks approval to convert from a Delaware corporation to a Delaware statutory trust, changing authorized common shares from 200 million to unlimited. If approved, each common share becomes one same-class beneficial-interest share.
Jun 30, 2023
16:07
Fees
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Star Mountain Lower Middle-Market Capital registered four share classes, with 10.1 million shares outstanding on March 31, 2026. The shares are not listed; Class S and Class D carry 0.75% and 0.25% annual servicing or distribution fees.
Feb 03, 2025
16:02
Redemptions
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Star Mountain Lower Middle-Market Capital commenced a tender offer to repurchase up to 252,639 shares, or 2.5% outstanding, at March 31, 2026 net asset value. Accepted tenders are paid through non-interest-bearing promissory notes within 60 days.
Preview
Star Mountain Lower Middle-Market Capital Corp
Star Mountain Capital is responsible for managing Star Mountain Lower Middle-Market Capital Corp.
Star Mountain Lower Middle-Market Capital Corp launched in 2020.
Star Mountain Lower Middle-Market Capital Corp is registered as a '40 Act fund.
Star Mountain Lower Middle-Market Capital Corp is structured as a Non-Traded BDC fund.
You can redeem shares of Star Mountain Lower Middle-Market Capital Corp quarterly, subject to redemption limits and notice requirements.
Shares of Star Mountain Lower Middle-Market Capital Corp can be purchased in USD.
Star Mountain Lower Middle-Market Capital Corp's fiscal year end is December 31.
Star Mountain Lower Middle-Market Capital Corp's net asset value was $231.7 million and its portfolio had a fair value of $411.1 million as of June 30, 2026.
Among other deal types, Star Mountain Lower Middle-Market Capital Corp primarily makes Debt Investments.
Among other asset classes, Star Mountain Lower Middle-Market Capital Corp primarily invests in Direct Lending.
Among other regions, Star Mountain Lower Middle-Market Capital Corp primarily invests Globally and in the USA.
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