Varagon Capital Partners

Varagon Capital Partners is a U.S. middle-market private credit and direct lending firm, now operating as Man Varagon within Man Group. The business focuses on originating senior secured and unitranche loans for sponsor-backed, cash-generative middle-market companies and offers financing solutions across the debt capital structure. Its products are delivered through separately managed accounts, private funds, and rated note products for institutional investors. Although the firm may lend to healthcare companies as part of its broader portfolio, it is not a biotech, pharma, or healthcare operating company and does not develop therapeutic products.