13 January 2026, London: Park Square Capital (“Park Square”), a leading independent private credit investor, today announces that Bonaccord Capital Partners (“Bonaccord”) – a private equity firm focused on acquiring non-control equity interests in leading mid-size private markets sponsors, and an existing strategic partner of Park Square – has increased its non-voting, passive minority stake in the firm. Terms of the investment were not disclosed.
Bonaccord made its first minority investment in Park Square in December 2021, becoming a long-term, strategic partner of the firm. Today’s announcement sees Bonaccord increase its minority stake, further validating Park Square’s successful strategy and supporting the firm as it explores future growth opportunities.
Following another successful year for Park Square, this transaction represents the latest in a series of significant milestones for the firm. In October the firm entered a strategic alliance with Nomura to further strengthen their origination and underwriting efforts in the U.S. senior direct lending market. In September, Park Square announced a record raise for its junior debt strategy with a €4bn final close of Park Square Capital Partners V. This followed the €3.4bn final close of its European Loan Partners II Programme in late 2024, which included the second successful joint venture with SMBC.
Robin Doumar, Founder and Managing Partner of Park Square, said: "We are delighted to welcome a second strategic minority investment from Bonaccord, our long-term strategic investment partner. Their backing and expertise will be incredibly important as we invest in our platform to better serve our global investor base and strengthen our position as a leading global private credit platform.”
Ajay Chitkara, Managing Partner at Bonaccord, said: “We are thrilled to deepen our partnership with Park Square Capital through this second strategic minority investment, reaffirming our strong conviction in the firm’s strategy and leadership team. Since our initial investment in 2021, Park Square has continued to scale its platform, deliver consistent performance and broaden its global reach. We look forward to continuing to work closely with Park Square as it invests in its platform and pursues its next phase of growth.”
Park Square has achieved significant, consistent growth since its inception in 2004; the firm takes a highly selective approach to asset selection and has invested $33bn over more than two decades. Today, the firm manages more than $19bn of capital on behalf of its investors, which include global public and private pension funds, insurance companies, sovereign wealth funds, family offices and asset managers.
Goldman Sachs acted as financial advisor and Kirkland & Ellis acted as legal advisor to Park Square. Sidley acted as legal advisor to Bonaccord on the transaction.
About Park Square Capital
Park Square Capital is a leading private credit investor, providing senior debt, mid-market direct loans, subordinated debt and structured equity to private equity-backed companies in Europe and the US. The firm has a selective, long-term and flexible investment approach, aimed at delivering attractive risk-adjusted returns across market cycles. Founded in 2004, Park Square Capital has invested $33bn and today manages more than $19bn of capital on behalf of its investors, which include global public and private pension funds, insurance companies, sovereign wealth funds, family offices and asset managers. Park Square Capital has more than 140 staff, with offices in London, New York, Paris, Frankfurt, Stockholm, Tokyo, Seoul, Luxembourg, Sydney, and Dallas.
For more information, please visit www.parksquarecapital.com
About Bonaccord Capital Partners
Bonaccord Capital Partners is a private equity business focused on providing growth capital and strategic support to exceptional mid-market private markets sponsors spanning private equity, private credit, and real estate and real assets. By leveraging its strategic relationships, institutional capabilities, and strategic development expertise, Bonaccord seeks to support transformative initiatives and portfolio objectives that help its partner sponsors reach their potential and establish enduring institutions. Bonaccord is a strategy of P10, Inc.
For additional information, please visit www.bonaccordcapital.com
About P10
P10 (NYSE: PX) is a leading private markets solutions provider with over $40 billion in assets under management as of September 30, 2025. P10 invests across Private Equity, Private Credit, and Venture Capital in access-constrained strategies, with a focus on the middle and lower-middle market. P10’s products have a global investor base and aim to deliver compelling risk-adjusted returns.
For additional information, please visit www.p10alts.com
Note: This communication is provided for informational purposes only and does not constitute investment advice, an offer, or a recommendation to buy or sell any security.
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