CapX Partners, a specialty finance company, has closed its latest SBIC debenture fund with total commitments of $225 million. CapX IV closed with $75 million of private capital and, combined with the firm's SBIC license, the fund has access to an additional $150 million in debenture leverage funding. Based in Chicago, CapX focuses on private equity and venture-backed portfolio companies looking for debt financing in the $2 million to $15 million range. The firm favors the manufacturing, distribution, technology, energy and healthcare industries with an emphasis on revenue-producing fixed assets.