PhenixFIN Corporation focuses on investing in small and middle market companies in North America, primarily in sectors such as business services, real estate, and healthcare. With investments ranging from $10 million to $50 million and enterprise values up to $250 million, the fund mainly structures its investments as secured loans or notes with a holding period of three to seven years. PhenixFIN may also offer managerial assistance to certain portfolio companies and co-invest in negotiated transactions under certain conditions.