FUNDRAISING NEWS | January 10, 2025
Stratus Financial, a private lender providing loans to students pursuing commercial pilot certification, is aiming to secure $100M in capital commitments for its third income fund.
The California-based niche lender is accepting a minimum investment of $25K for Stratus Financial Income Fund III, according to a January 7 filing with the SEC. Sales of the fund are yet to commence and fundraising is planned to last more than a year. Stratus advertises its 506c passive income funds as offering a 13% fixed return net of fees.
Filing for the new fund comes less than a year since Stratus Financial began taking investments for Stratus Financial Income Fund II, for which it also set a $100M target, in March 2024. In April, the firm reported reaching $50M in total AUM, and in August said it had secured a forward flow facility of up to $50M from funds managed by emerging private credit manager Monachil Capital Partners.
