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Laxman Pai, Opalesque Asia: Credit-focused alternative investment management firm Crestline Investors has scored $3.5bn of new investable capital through the final close of Crestline Direct Lending Fund IV (CDLIV).
Fort Worth-based asset manager said in a media release that CDLIV provides tailored financing solutions to companies across North America, particularly across the middle market, with a focus on lower and core segments. The strategy lends to companies across the middle market, focusing on the lower and core segments.
Keith Williams, Managing Partner and Chief Investment Officer, said: "This marks another significant milestone in our commitment to providing flexible, scalable capital solutions for the companies we invest with. Our investors' confidence reinforces our position as a trusted steward of capital, and we're deeply grateful for their support."
The Fund attracted a globally diversified investor base of new and existing limited partners, including public and corporate pension plans, sovereign wealth funds, asset managers, RIAs, and other financial institutions across North America, Europe, and Asia.
"The support we received from new and existing investors is a testament to our partnership approach and our track record of delivering both returns and capital preservation through credit cycles," said Chris Semple, Partner and Co-Head of US Corporate Credit. "It also reflects the growing demand for alpha-driven direct lending strategies that are...................... To view our full article Click here
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