During the first nine months of 2025, Encina Private Credit provided over $485 million of first out enterprise value loans to a wide range of middle-market companies, representing a 36% increase over the same period in 2024. Encina continued to partner with direct lenders and private equity sponsors to provide acquisition financing, support portfolio companies with growth capital and finance add-on acquisitions.
The new volume growth was more than enough to enable Encina to celebrate an exciting milestone, surpassing $1 billion in assets under management (AUM) midway through 2025.
“We are very excited about the record growth of Encina Private Credit in 2025 as we continue to partner with direct lenders to help them deliver the most competitive solutions in the middle and upper middle market,” Mike Hensinger, president and CEO of Encina Private Credit, said. “I am so proud of our talented and growing team, and I am thankful to our direct lending partners and private equity sponsors who have supported us to surpass a significant milestone of $1 billion assets under management.”







