PhenixFIN Corp

PhenixFIN Corporation operates as a business development company focused on providing debt and equity capital to small and middle-market enterprises across North America. The firm primarily originates and manages privately negotiated debt instruments, targeting companies with enterprise values between $25 million and $250 million. Its investment approach emphasizes first lien and second lien senior secured loans, alongside senior subordinated notes, unitranche loans, and structured instruments that may include warrant or equity participation.

The company maintains broad sector exposure, with stated investment interests spanning business services, real estate, healthcare, aerospace and defense, telecommunications, retail, manufacturing, and consumer products, among others. Typical debt investment sizes range from $10 million to $50 million per transaction. PhenixFIN typically holds investments to maturity or repayment with an expected exit horizon of three to seven years, though the firm may realize or sell positions earlier under certain conditions. The company occasionally takes board representation at portfolio companies and provides managerial assistance where appropriate.

PhenixFIN operates with a small organizational footprint of 11 full-time employees and maintains headquarters in New York, New York. The firm was incorporated in Delaware and has been operating since 2010.