Private equity debt investments manager Northlight Financial has launched a $100 million fund. Northlight’s partners Michael Jahrmarkt, Robert Woods, Mark Hirschhorn and Chris Jahrmarkt will manage the Northlight fund. The fund will provide asset backed loans to middle market companies, acquire loans in the secondary market and buy distressed assets in the commercial, industrial and real estate sectors. Initially, it will invest $100 million in committed capital and aim at investments ranging from $5-15 million as part of its investment strategy.

Click here for the release from Business Wire.