Crestline targets $1.75 billion for 'all weather' fund but investor questions fund size

By Michelle D'souza

Tuesday, October 29, 2019

Crestline Investors is seeking $1.5 billion capital ($1.75 billion hard cap) for its next 'all weather' global special situations fund, Crestline Opportunity Fund IV, with the Fort Worth-based firm looking to hold a final close in October 2019. But one institutional investor has raised concerns about the size of Crestline's latest fundraise.

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TAGS: Direct lending Distressed debt Crestline Fundraising North America

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