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

Star Fund Managers Battered By Rocky Ride In Yields, Currencies

May 28 2015 | 6:05am ET

Some of the biggest names in the investment world have been whipsawed by the recent...

Lifestyle

Yale Receives $150 Million Gift from Blackstone’s Schwarzman

May 12 2015 | 12:10am ET

Yale University announced it has received a $150 million gift from Blackstone Group...

Guest Contributor

The Road To Tax Alpha

May 28 2015 | 5:36am ET

Tax-related alerts are increasingly helping investment managers harvest tax alpha...

 

Sponsored Content

Editor's Note