| 1993 | Firm founded through a partnership with William Blair & Company, initially known as William Blair Mezzanine Capital Partners; Initiates William Blair Mezzanine Capital Fund, L.P., a $114,650,000 limited partnership fully invested in 13 portfolio companies. |
| 1997 | Initiates William Blair Mezzanine Capital Fund II, L.P., a $190,000,000 limited partnership fully invested in 15 portfolio companies. |
| 1999 | Initiates William Blair Mezzanine Capital Fund III, L.P., a $311,000,000 limited partnership fully invested in 15 portfolio companies. |
| 2005 | The individual members of William Blair Mezzanine Capital Partners formed an independent entity, Merit Capital Partners, in conjunction with the raising of Merit Mezzanine Fund IV, L.P., a $455,000,000 limited partnership. Merit Capital Partners remains responsible for managing the first three William Blair Mezzanine funds. |
| 2010 | Merit finished fully investing Fund IV, and completed a successful raise of $612,500,000 for Merit Mezzanine Fund V, L.P. |
| Merit has a long history in mezzanine and equity investing. Since 1993, we have made over 55 investments and repeatedly have demonstrated an ability to navigate through various economic conditions. In addition to monitoring all ongoing investments, we continually seek opportunities to enhance value in our portfolio companies. |