DakotaLogo2024
DakotaLogo2024
Book a Demo
Book A Demo

FUNDRAISING NEWS | January 07, 2025

Crestline Closes on $1B CLO for Specialty Lending III Fund

Tags: Private Credit, Fundraising

Global alternatives manager Crestline Investors said it has closed on a $1B collateralized loan obligation, Crestline Direct Lending CLO I, wherein all equity interests will be retained by its Crestline Speciality Lending III fund.

In a news release announcing the close, Crestline managing director Jeremiah Loeffler said the $20B AUM firm would continue to look to leverage CLOs “as an efficient capital source in our future growth.” The CLO represents a portfolio of senior secured loans, originated and managed by Crestline. 

GreensLedge Capital Markets served as arranger and lead placement agent for the middle-market direct lending vehicle, while NatWest Markets Securities served as co-placement agent and KeyBanc Capital Markets as co-structuring agent. 

New call-to-action

Written By: Dakota

logo-1

The Database For Cold Outreach to Reach Institutional and RIA Investors

Book A Demo

Address

925 West Lancaster Ave
Suite 220
Bryn Mawr, PA 19010
Tel: (610) 642-1481 

Products & Services

Resources

Events

Company

© Dakota 2025 | Terms of Use | Privacy Policy