Crestline Investors raises $360m

The institutional alternative investment management firm closes European opportunity fund above target.

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Crestline Investors has held a final close of Crestline Opportunity Fund III Europe at $360 million, surpassing the original $300 million target. The fund, which is managed by Crestline’s Europe Credit Strategies team, will provide capital solutions – from senior debt to structured equity – to SMEs based in Europe.

Investors in the fund include public pension funds and insurance companies.