Cadma Capital Partners

What Cadma Capital Partners does

Cadma Capital Partners LLC is a credit solutions firm that designs, structures, and delivers creative financing for the innovation economy. The company operates in alliance with Apollo Global Management — which holds approximately $840 billion in AUM as of June 30, 2025 — and serves six institutional counterparty types: private credit firms, equity sponsors, expansion-stage companies, bank lenders, limited partners, and general partners. Cadma was effectively founded in 2023 when Apollo installed its executive leadership team (CEO Jon Beizer, President Josh Brody), and it addresses a credit gap that has widened following the collapse of Silicon Valley Bank and a broader pullback by regional banks from technology lending.

The platform comprises eight core credit products: Fund Finance, Warehouse Vehicles, Partnership Loan Finance, GP & LP Liquidity Solutions, NAV Lending, Strategic Acquisitions, Mezzanine Financing, and Special Situations. These offerings span fund-level financing, portfolio-company support, and bespoke transaction structuring, and are delivered through a combination of direct institutional sales and co-lending joint ventures — notably a $200M JV with Runway Growth Finance Corp. (March 2024) and a $500M JV with Viola Credit (September 2024). No proprietary technology platform or AI/ML capability is disclosed; the firm's primary intellectual property lies in credit structuring expertise and Apollo-backed balance-sheet access.

Cadma earns revenue through credit origination, management, and structuring fees on facilities deployed via direct deals and joint ventures, with the economics shared between Cadma and its JV partners. The team is small — approximately 12–13 personnel disclosed across headquarters in New York and offices in Silicon Valley and Boston — which is consistent with a high-skill, relationship-driven origination model rather than a high-volume transactional one. Distribution is direct and relationship-based, targeting global innovation-economy participants across the Americas, UK, Western Europe, and Australia, and the company has begun to extend its mandate into adjacent verticals such as American industrial innovation through its 2025 partnership with 8VC.

Name

Cadma Capital Partners

Legal name

Cadma Capital Partners LLC

Website

https://cadma.com

Company type

Private

Operating status

Operating

Headcount range

1–10 employees

Short description

Cadma Capital Partners is a credit solutions firm operating in alliance with Apollo Global Management that delivers creative financing — including fund finance, NAV lending, and mezzanine financing — to private technology companies, venture/PE funds, and their GPs and LPs.

Ownership category

akta.pro rank

Product category

Private Credit / Specialty Finance

NAICS

Credit Intermediation and Related Activities (522)

SIC

Miscellaneous Business Credit Institution (6159)

akta.pro primary industry

Independent Venture Debt Funds / Platforms (FSANAIAB)

akta.pro secondary industry

Warehouse / Facility Providers to Venture Lenders (FSANAIAL)

Keywords

• Venture debt financing
• Innovation economy credit
• Private credit solutions
• Fund finance services
• Growth-stage lending

Headquarters

HQ city

New York

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Asset-Based Lending: Provides creative credit solutions including fund finance, warehouse vehicles, partnership loan finance, GP & LP liquidity solutions, NAV lending, strategic acquisitions, mezzanine financing, and special situations financing to the innovation economy.

Distribution channels1 record

Marketing channels1 record

Core offering

Cadma Capital Partners designs, structures, and delivers creative financing solutions for the innovation economy, including Fund Finance, Warehouse Vehicles, Partnership Loan Finance, GP & LP Liquidity Solutions, NAV Lending, Strategic Acquisitions, Mezzanine Financing, and Special Situations. The firm serves expansion-stage technology and growth companies, private credit funds, equity sponsors, and fund managers with non-dilutive, tailored credit solutions that scale with venture and growth-stage businesses.

Product overview

Cadma Capital Partners operates as a unified credit platform offering creative financing solutions for the innovation economy. The company's core products include Fund Finance, Warehouse Vehicles, Partnership Loan Finance, GP & LP Liquidity Solutions, NAV Lending, Strategic Acquisitions, Mezzanine Financing, and Special Situations. These offerings are designed to work together as an integrated suite of credit solutions that scale with venture and growth-stage companies, from fund-level financing to portfolio company support and strategic transactions.

Differentiator

Problem solved

Functional benefit

Products and services

• Fund Finance Financing solutions designed for investment funds, providing capital for fund operations and deployment, targeted at private credit firms and fund managers in the innovation economy.
• Warehouse Vehicles Structured financing facilities that allow for the aggregation and financing of portfolios of assets, designed for private credit firms and fund managers.
• Partnership Loan Finance Credit solutions tailored for partnership structures, enabling financing for private equity and venture capital partnerships, available to bank lenders and equity sponsors.
• GP & LP Liquidity Solutions Liquidity facilities for general partners and limited partners seeking to access capital without exiting their fund positions, targeted at private equity and venture capital fund managers.
• NAV Lending Net asset value-based lending that uses portfolio company valuations as collateral for financing, designed for private equity and venture capital funds.
• Strategic Acquisitions Financing Financing solutions to support strategic acquisition strategies for growth-stage companies, targeted at expansion-stage technology companies and equity sponsors.
• Mezzanine Financing Hybrid debt financing that combines elements of senior debt and equity, positioned between senior debt and equity in the capital structure, for expansion-stage companies.
• Special Situations Financing Customized financing solutions for complex, non-standard transactions requiring bespoke structuring, available to innovation-economy participants across Cadma's partner segments.

Segments6 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• 8VCcoreStrategic or Co-development Partner · 29 October 2025Apollo and Cadma partnered with 8VC to accelerate the next wave of American industrial innovation. This partnership represents a strategic alliance to support industrial technology companies through creative credit solutions and collaborative investment approaches.

Scale indicators2 records

Recent moves4 records

Expansion highlights5 records

Emerging players

• Stellus Capital Investment Corp. Stellus Capital is a publicly traded business development company providing senior and unitranche debt to middle-market and growth-stage companies. Comparable as a mid-sized specialty lender with overlap in creative financing for growth companies.

Direct peers

• Hercules Capital: Hercules Capital is a publicly traded specialty finance company providing venture and growth-stage debt to technology and life-sciences companies. Directly comparable to Cadma's asset-based and growth-capital lending focus on the innovation economy.
• TriplePoint Capital: TriplePoint Capital is a venture lending specialist serving venture capital-backed technology, life sciences, and cleantech companies with growth capital and equipment financing. Comparable in its focus on creative, non-dilutive financing for VC-backed growth-stage technology companies.
• Trinity Capital: Trinity Capital is a specialty lender providing debt, equipment financing, and venture debt to growth-stage companies, with strong focus on technology and life-sciences sectors. Directly comparable in product set and target borrower profile.
• Viola Credit: Viola Credit is the credit arm of Israel's Viola Group, providing credit facilities and asset-based lending to technology and growth companies globally. Cadma's $500M JV partner (announced September 2024), with directly overlapping technology-credit product offerings and borrower segments.
• Western Technology Investment (WTI): WTI is one of the longest-standing venture debt providers, offering loans to venture-backed technology and life-sciences companies. Highly comparable to Cadma in its specialization in non-dilutive debt capital for VC-backed growth companies.
• Runway Growth Finance Corp. Runway Growth Finance is a publicly traded lender providing senior secured term loans to venture and non-venture-backed companies. Cadma's $200M JV partner (announced March 2024) and a directly comparable growth-financing platform serving technology and innovation-economy borrowers.

Broad incumbents

• Ares Capital / Ares Management Credit: Ares Management operates one of the largest private credit platforms globally, with diversified direct lending and special situations strategies. Comparable as a large incumbent private credit manager that increasingly targets venture/growth and innovation-economy financings.
• KKR Credit: KKR's Credit group manages large direct-lending and private credit strategies that increasingly extend into technology and growth-stage financings. A broad incumbent comparable to Cadma in private credit for the innovation economy.

Regional players

• Bridge Bank (Western Alliance Bank): Bridge Bank, part of Western Alliance Bancorporation, provides technology and life-sciences lending and banking services to venture and growth-stage companies. Comparable as a bank-based lender serving the same innovation-economy segments Cadma targets.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/cadmacapital

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments1 record

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Cadma Capital Partners