Stellus Closes $1.5 Billion Credit Fund IV, Eyes Ridgepost Acquisition
SCM•Stellus Credit Fund IV closed with $1.5 billion of investable capital on April 1, 2026, having already invested in 44 portfolio companies. Stellus will join Ridgepost Capital in mid-2026 while retaining its current partner-led management and investment committee processes.
1. Final Close of SCF IV
Stellus Credit Fund IV achieved a final close on April 1, 2026, securing approximately $1.5 billion of investable capital and meeting its fundraising target. The fund has already deployed capital across 44 portfolio companies.
2. Strategy and Portfolio Focus
SCF IV continues Stellus’s lower middle market direct lending strategy, originating and underwriting senior secured loans across a diverse range of industries in the United States and Canada.
3. Diverse Investor Commitments
The fund received commitments from new and returning institutional and high-net-worth investors, including public and private pension plans, insurance companies, foundations, family offices, global investment banks and consultants.
4. Acquisition by Ridgepost Capital
Stellus entered into a definitive agreement to be acquired by Ridgepost Capital, with the transaction expected to close in mid-2026. Current partners will retain control of day-to-day operations and investment decisions post-acquisition.
