Akin Advises Crestline Investors in the Closing of its $3.5 Billion Fourth Flagship Direct Lending Fund
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(Dallas) – Akin advised Crestline Investors Inc., a global alternative investment manager, in the final close of Crestline Direct Lending Fund IV, with $3.5 billion of investable capital across the fund, related vehicles and anticipated leverage.
Crestline’s direct lending strategy provides tailored financing solutions to sponsor and non-sponsor backed companies across North America. The Direct Lending Fund IV 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 Akin team was led by investment management partner Jim Deeken and included fund finance partner Matthew Bivona; investment management counsel Chris Smith; and investment management associates Lillian Cowan, Olivia Pitten and Jackson Overton.
For additional information on the transaction, please click here.
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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