Fundraising

Raven Capital closes credit fund

The New York-based asset management firm raised $834m for its second credit fund.

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Fund Names: Raven Asset-Based Credit Fund II
Amount raised: $834 million
Stage of fundraising: Final close
Predecessor fund: Raven Asset-Based Credit Fund I

Raven Capital Management held a final close for Raven Asset-Based Credit Fund II on $834 million.

Founded in 2008, Raven Capital is a New York-headquartered asset management firm with an office in California. The firm targets debt investments across the US. The fund’s predecessor raised $288 million, which was above its target size.

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