Akin Advises Crestline Investors in $1.7 Billion NAV Lending Fund

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(Dallas) – Akin advised Crestline Investors, a leading provider of fund liquidity solutions in the closing of its latest NAV lending fund, Portfolio Finance Sentry Fund, with $1.7 billion of investable capital across the fund, related vehicles and anticipated leverage.
The Portfolio Finance Sentry Fund will target larger, more diversified transactions with high-quality sponsors. The fund attracted a diversified global investor base of new and existing limited partners, including public and corporate pension plans, sovereign wealth funds, asset managers, family offices, and other financial institutions.
The Akin team was led by investment management partner Jim Deeken and fund finance partner Matt Bivona; and included investment management counsel Chris Smith; and investment management associates Lilly Cowan, Jordan Williams and Olivia Pitten.
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Akin is a leading international law firm with more than 900 lawyers in offices throughout the United States, Europe, Asia and the Middle East.
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