Raven Capital Closes $150M P.E. Fund

Jul 9 2013 | 10:06am ET

New York-based private equity manager Raven Capital Management has held a final close on its Raven Asset-Based Opportunity Fund I, with over $150 million in capital commitments.

Raven specializes in asset-based senior secured loans and cashflow generating assets—primarily receivables/intellectual property, specialty finance, commercial real estate, transportation and infrastructure assets and other 'esoteric' assets. The firm directly originates, underwrites and actively manages its investments.

“While low interest rates and volatility dominate the broader fixed income markets, we believe attractive opportunities exist in the unbanked and off-the-run credits we directly originate,” said Raven's Josh Green. “We are pleased with the confidence our investors have shown in us, and look forward to working with a diverse set of counterparties.”

Raven also announced that Chris Felice has joined the company as controller. Felice comes to Raven from HGGC (formerly Huntsman Gay Global Capital), a middle-market p.e. firm with approximately $1.1 billion in committed capital, where he served as vice president and controller.


In Depth

Dillon Eustace: The Advantages of ICAVs

Feb 11 2016 | 7:51pm ET

As the growth of alternative investment vehicles continues, global asset managers...

Lifestyle

Citadel's Ken Griffin Donates $40M To New York's Museum of Modern Art

Dec 22 2015 | 9:23pm ET

Citadel founder Ken Griffin has donated $40 million to New York’s Museum of Modern...

Guest Contributor

Hedging Against Reputational Risk in the 21st Century

Feb 12 2016 | 7:18pm ET

For investors, the first step in researching a new fund or manager is to google...