Atalaya closes asset income fund on $525m cap

 The New York-based credit and special situations manager surpassed its $500m goal.   

Atalaya Capital Management has closed its third asset income fund on its $525 million hard-cap, past its original $500 million target, Private Debt Investor has learned.

The Atalaya Asset Income Fund III (AIF III) held its first close this June.

The AIF III has called close to 50 percent of its capital commitments over the first six months of the investment period.

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