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Mizzen Capital primarily invests debt into U.S. based lower middle market companies. We tailor capital structures to fit company's needs and objectives. We prioritize transparency and aligned goals.

Our Team

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Managing Partner

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Managing Partner


Managing Director

DEI Policy

Diversity, Equity and Inclusion are core tenets of Mizzen Capital’s priorities across every level of our firm in everything that we do - across gender, culture, ethnicity, disability and veteran status, among others. As a certified women and minority owned firm, our team is highly diverse. We embrace different perspectives and believe this leads to better decision making. We foster a collaborative culture based on trust, respect and integrity. 

Sailing on Sea


A company's success is our success. Our interests must be aligned and our commitments to each other must be clear and achievable.

Investment Characteristics

  • Targeting companies with EBITDA of $1M to $15M

  • Emphasis on business models with  free cash flows, recurring revenues and lower capex and consistent historical financial performance

  • Strong, Experienced Management team with demonstrated commitment to success

  • Defensible industry leadership or distinguished market niche

  • Growing market with fundamental value proposition

  • Asset base or reliable cash flows to support loans.

  • Located in the United States or its territories

Industry Sectors

  • Manufacturing

  • Industrial

  • Business Services

  • Healthcare Services

  • Information Technology

  • Software

  • Energy Transition

Transaction Structures

  • Senior Secured First Lien, Senior Secured Second Lien, Mezzanine With Warrants and Equity Co-Investment.

  • Under 4x leverage

  • Use of Proceeds: Including but not limited to providing working capital, recapitalizations, acquisitions, and growth

  • Investment Size can range up to $30M, larger loans will be syndicated. Smaller transactions will be considered if they are integral to a larger relationship

Mizzen Philosophy and ESG Impact

Mizzen employs ESG approach to investing

  • The success of Mizzen Management, LLC (“Mizzen”) depends on the success of our portfolio companies, our investors, our colleagues and our communities and we consider all of them in our decisions.

  • Small businesses provide the vitality and foundation of communities and Mizzen is dedicated to supporting the growth of small U.S. based businesses. 

  • Mizzen is a women-owned SBIC fund with a diverse and inclusive team that connects us to diverse ownership teams seeking investment. Mizzen:

    • Value honesty and integrity in everything we do.

    • Strive to act responsibly and to communicate clearly.

    • Build long term relationships based on trust and respect.

    • Empower our team and companies with aligned goal.

Mizzen commits to U.N. PRI

  • Incorporate ESG issues into our investment analysis and decision-making processes.

  • Be active owners and incorporate ESG issues into our ownership policies and practices.
  • Seek appropriate disclosure on ESG issues by the entities in which we invest.
  • Promote acceptance and implementation of the Principles within the investment industry.
  • Work together to enhance our effectiveness in implementing the Principles.
  • Report on our activities and progress towards implementing the Principles

Mizzen is committed to uphold the U.N. principles of responsible investing (“U.N. PRI”) in the following manner:

Download Mizzen Impact Report

Current Portfolio

A Data Engineering and Business Intelligence Company


Debt and Equity

Jun 7, 2024

A Test and Measurement Company


Term Loan

Nov 22, 2023

A Commercial Landscaping Company


Debt and Equity

May 31, 2024

Four Summer Camps


Term Loan

Oct 6, 2023

An Electrical Testing Company


Dec 28, 2023

Debt and Equity


Mar 15, 2024

A Government IT Solutions Provider


Debt and Equity

Jul 17, 2023

A Pest Control Company


Apr 5, 2023

Term Loan


Aug 4, 2023


Oct 13, 2023


Dec 15, 2023

A Solar Installation Company


Debt and Equity

Jun 16, 2023

Mizzen News


Mizzen Capital Completes Financing for a Data Engineering and Business Intelligence Company

Jun 26, 2024


Mizzen Capital Completes Financing for a Commercial Landscaping Company

Jun 25, 2024


Marilyn Adler will be a featured speaker at DealCatalyst's June 17th Securitization in Fund Finance Conference.

Jun 12, 2024


Ms. Adler will be speaking at The JWE She Leads conference June 3rd at the DoubleTree by Hilton Hotel Newark Airport. We are excited for her panel "Scaling: Is all growth good growth? What is a responsible loss? When to take on debt"!

May 21, 2024


Ms. Adler will speak at the Private Credit Industry Conference on Direct Lending and Middle Market Finance in Fort Lauderdale on May 9th – 10th, where she'll be on the following panel Fund ‘Shark Tank’: How are Newer Firms/Funds/Platforms Delivering Alpha and Finding Their Niche Amid a Crowded Field?

Apr 16, 2024

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