Dawson Partners: Oversubscribed Portfolio Finance 6 Closed At $7.7 Billion

By Amit Chowdhry • Oct 23, 2025

Dawson Partners, a leading global alternative asset manager specializing in structured liquidity and portfolio financing solutions, announced the successful closing of its latest flagship fund, Dawson Portfolio Finance 6 LP (PF6), along with affiliated co-investment vehicles. The fund closed oversubscribed at over $7.7 billion, exceeding its initial target of $6 billion and achieving its $7 billion hard cap, marking the largest fundraise in Dawson’s history.

With this milestone, Dawson’s total assets under management have surpassed $25 billion, just over a decade after the firm’s founding in 2015. PF6 represents one of the most significant funds ever raised globally, dedicated exclusively to providing structured liquidity solutions to private markets, further solidifying Dawson’s leadership in this fast-growing segment of alternative asset management.

The successful close of PF6 reflects strong investor confidence in Dawson’s differentiated approach to designing and managing bespoke financing structures for limited partners (LPs) and general partners (GPs). The fund attracted robust demand from a diverse global investor base of more than 100 institutional and private wealth investors across 17 countries and four continents, including pension plans, insurance firms, family offices, consultants, and financial institutions.

The firm’s continued ability to raise capital at scale amid a challenging fundraising environment highlights its proven track record and growing reputation for innovation and execution certainty in the private markets.

Founded in 2015, Dawson has sourced over $945 billion in investment opportunities and deployed more than $30 billion across 295 transactions. The firm now employs over 235 professionals across offices in Toronto, London, and New York City, positioning itself as one of the foremost global providers of structured liquidity and portfolio finance solutions.

KEY QUOTES:

“We are pleased to announce the final closing of our oversubscribed PF6, which together with affiliated coinvest vehicles, reached nearly $8 billion in capital committed. In a challenging fundraising environment, hitting the PF6 hard cap is a result we are particularly proud of. We believe PF6 is one of, if not, the largest fund ever raised dedicated solely to providing structured liquidity solutions to private markets. We remain grateful for the trust, support and continued conviction of our investors. The successful PF6 fundraise has allowed us to remain capitalized to capture a sizeable market opportunity. It has also helped position us as a global leader in providing structured liquidity solutions to private markets.”

“With the successful closing of PF6, Dawson has also surpassed $25 billion in assets under management as a Firm. A decade since our inception, we have always focused on scaling successfully. We believe scale has enabled us to become more resourced, more informed and more sophisticated. We see scale as a differentiator in the market; allowing us to be one of few players to provide customized solutions with execution certainty in size. Finally, we have leveraged scale to allow us to recruit, develop and retain a high-quality team of professionals. Said differently, we believe scale has positioned us to come through for our investors, establish ourselves as a global leader in this market and provided growth opportunities for our people.”

Yann Robard, Managing Partner, Dawson Partners

“We continue to see our brand and solutions resonate strongly in the market globally. We believe investors have recognized the unique need for the Firm’s flexible liquidity solutions and the support we have received for PF6 is a testament to this. We are thankful for the support from our investors – both existing and new. As we always say, without investors there would be no Dawson.”

Josh Booth, Partner, Dawson Partners