Crestline Nets $1.7B For Two Funds

Apr 1 2014 | 1:40pm ET

Crestline Investors has raised $1.7 billion for two new funds of hedge funds.

Crestline Opportunity Fund II netted $980 million in commitments, while its Recovery Fund III won $738 million. The former will invest in private credit strategies, while the latter will buy up secondary interests in hedge funds.

Several public pension funds committed to the Opportunity Fund, including the Arizona Public Safety Personnel Retirement System and California’s San Joaquin County Employees’ Retirement Association.

In Depth

Financial Industry Blockchain Consortium R3 To Open-Source Platform Code

Oct 20 2016 | 9:03pm ET

Bitcoin's blockchain technology has spawned a flurry of activity among fintech startups...


U.S. Trust's Beard: The Rapid Growth of the Art Lending Industry

Oct 7 2016 | 10:55pm ET

Alternative investment managers have emerged as some of the most significant art...

Guest Contributor

Hedge Fund Marketing – Tips for Your Initial Sales Meeting

Sep 29 2016 | 5:46pm ET

There are two main goals a hedge fund should have for an initial in-person sales...