Crestline exceeds fundraising goals with European credit strategy
Fort Worth, Texas-based Crestline Investors announced the closing of its first European Opportunity Fund – Crestline Opportunity Fund III Europe – with more than $360 million in equity capital commitments.
The firm exceeded its fundraising commitments for the fund that focuses exclusively on European investments. The new offering is the tenth in the $12.8 billion firm’s series of opportunistic funds, which started in 2005 and have attracted more than $7.7 billion in commitments to date.
The fund seeks to structure capital solutions – ranging from senior debt to structured equity – to under-served small . . .
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