National Security Fund Finance Program

The Office of Strategic Capital is seeking professionally managed debt investment fund managers for $500 million to $1 billion credit facilities supporting investments in critical minerals and materials supply chains important to U.S. national security.

United States of America > DEPT OF DEFENSE > WASHINGTON HEADQUARTERS SERVICES (WHS)


General
Open
WHSAD0819
Nov 01, 2026 09:00 PM
Aug 20, 2026 04:25 PM
$1,000,000,000.00
5 years base + 1 × 10 years option
Request for Proposal (RFP)
Federal
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Original Solicitation Links
Contact
michael.j.fanizzo.civ@mail.mil
District of Columbia, USA
Submission Instructions
Email
Description

The Office of Strategic Capital, within the U.S. Department of War, is soliciting proposals from professionally managed debt investment fund managers for one or more multi-draw term loan credit facilities. Each facility may provide between $500 million and $1 billion, subject to a cap of the lesser of the applicable facility limit or 125% of the fund's total equity capitalization. The facilities are intended to combine government loans with private capital to finance first- and second-lien loans to portfolio companies addressing gaps, shortages, and vulnerabilities in critical minerals and materials supply chains important to U.S. national security. Eligible applicants must be U.S.-formed professional fund managers with significant U.S. operations, assets under management, operating history, financial reporting capabilities, cyber standards, relevant investment experience, and required registrations or certifications, including SEC investment-adviser registration unless otherwise approved. Proposals must include four volumes covering firm and fund information, eligibility, investment strategy, other information, and any proposed revisions to the standard credit-facility terms. Required materials include extensive organizational, ownership, financial, investment-track-record, regulatory, fund-governance, portfolio, and legal documentation, including specified attachments and questionnaires. Draws are restricted to eligible assets and subject to national-security, foreign-influence, concentration, collateral, borrowing-base, and reporting requirements.

Classification Codes
NAICS525990Other Financial Vehicles
PSCX1PZLEASE/RENTAL OF OTHER NON-BUILDING FACILITIES
Smart Codes
critical minerals financeinvestment fund managementsecured lending
Specifications
Supply & Service
Timeline
Aug 19, 2026-Published Date
Nov 1, 2026-Proposal Submission Deadline
Jan 10, 2027-Expected Due Diligence and Selection Date
Mar 10, 2027-Expected Conditional Commitment Date
Sep 30, 2027-Inactive Date
Requirements
Required
Scored
  • Minimum 10 references
  • Within the last 10 years
Documents
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