Press Releases
May 10, 2017 | Crestline Investors Announces Closing of $409.44 Million CLO
FORT WORTH, Texas, May 10, 2017 /PRNewswire/ -- Crestline Investors, Inc., an institutional alternative investment management firm, today announced the closing of a $409.44 million collateralized loan obligation ("CLO"), known as Crestline Denali CLO XV, Ltd., by its Crestline Denali Capital unit. The CLO will be backed by a portfolio of primarily senior-secured leveraged loans and will have an approximately five-year reinvestment period and a two-year non-call period. This is the first CLO to be sponsored by Crestline in 2017. In 2016, the firm sponsored two CLOs – the $361.0 million Crestline Denali CLO XIV, Ltd. and the $358.8 million Denali Capital CLO XII, Ltd. The transaction is structured to comply with both U.S. and European risk retention requirements.
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May 4, 2017 | Crestline Investors Leads $450 Million in Transactions Through its Private Equity Credit and Fund Restructuring Team
FORT WORTH, Texas, May 4, 2017 /PRNewswire/ -- Crestline Investors, Inc. ("Crestline"), an institutional alternative asset manager, today announced the closing of four recent transactions by its Private Equity Credit and Fund Restructuring team. The group, first launched in October 2016, pursues niche financing opportunities in the private equity markets by providing bespoke capital solutions, including preferred equity and flexible debt structures, to mature private equity funds approaching the end of their structural lives. In total, Crestline-controlled vehicles committed more than $200 million across the four transactions and assumed governance rights across another $250 million of capital contributed or rolled by existing investors.
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March 20, 2017 | Crestline Investors Adds Chris Golio as Managing Director in the Firm's Business Development & Client Partnerships Group
FORT WORTH, Texas, March 20, 2017 /PRNewswire/ -- Crestline Investors, Inc. ("Crestline"), an institutional alternative asset manager, today announced the hiring of Chris Golio as a Managing Director. Golio will join the firm's Business Development & Client Partnership Group, where he will be focused on the Northeast and Midwest US regions. He will be based in New York and report to Frank Jordan, Head of Business Development & Client Partnerships.
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February 28, 2017 | Crestline Investors Hires Graham Officer as Managing Director and Head of Marketing for Crestline Summit
Fort Worth, TX – February 28, 2017 – Crestline Investors, Inc. (“Crestline”), an institutional alternative asset manager, today announced the addition of Graham Officer as Managing Director at the firm, where he will be focused on Business Development and Client Partnerships. Officer will head up marketing for the Crestline Summit Equity Alpha Fund (“Crestline Summit”), a multi-PM equity relative value hedge fund launched in July 2015. He will be based in New York and report to Frank Jordan, Head of Business Development & Client Partnerships.
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January 11, 2017 | New Emerald Energy LLC (A.K.A. National Oil Production LLC), formerly known as Emerald Oil Inc., Appoints Petro-Hunt to Operate its Bakken Assets | Crestline Investors and Fir Tree Partners, which acquired Emerald Oil Inc. through the Ch 11 Bankruptcy process, now team up with Petro-Hunt to further develop the Emerald assets
DENVER, Jan. 11, 2017 /PRNewswire/ -- New Emerald Energy LLC (aka National Oil Production Company, LLC) (the "Company") today announced the appointment of Petro-Hunt LLC as the contract operator of its Bakken assets, which consists of 108 wells across approximately 112,000 acres in the Bakken region, producing approximately 4,500 barrels of oil equivalent per day (BOEPD). The Company also holds a significant acreage inventory of low-risk drilling opportunities which may be explored for years to come.
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December 19, 2016 | CL Energy Opportunity Fund Acquires Non-Operating Working Interests in the DJ Basin of Colorado from Double Eagle Energy Rockies | Assets include a mix of wellbore-only working interests and leasehold interest with exposure to over 100 gross wells operated by premier DJ Basin operators
FORT WORTH, Texas, Dec. 19, 2016 /PRNewswire/ -- CL Energy Opportunity Fund, LP, a fund managed by Crestline Investors, Inc., ("Crestline") a credit-focused institutional alternative asset manager, today announced the acquisition of the non-operating working interests in the DJ Basin of Colorado from Double Eagle Energy Rockies LLC, an affiliate of Double Eagle Energy Holdings II LLC ("Double Eagle"), a Fort Worth-based E&P company that invests in oil and gas production across the United States.
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December 1, 2016 | Crestline's Specialty Lending Fund Provides Unitranche in Support of Southfield Capital's Acquisition of Managed IT Services Provider
FORT WORTH, Texas, Dec. 1, 2016 /PRNewswire/ -- Crestline Specialty Lending ("CSL"), a part of the opportunistic investment group of Crestline Investors, Inc. ("Crestline"), a credit-focused institutional alternative asset manager, is pleased to announce the recent closing of a senior credit facility (the "Facility") to support Southfield Capital's ("Southfield" or the "Sponsor") acquisition of Ntiva, LLC ("Ntiva" or the "Company"). CSL's Facility consisted of a revolving credit facility, term loan and delayed draw term loan.
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November 16, 2016 | Crestline Investors Adds Frank Jordan as Managing Director, Head of Business Development & Client Partnerships
FORT WORTH, Texas, Nov. 16, 2016 /PRNewswire/ -- Crestline Investors, Inc. ("Crestline"), a credit-focused institutional alternative asset manager, today announced the addition of Frank Jordan as Managing Director, Head of Business Development & Client Partnerships. Jordan will be based in Fort Worth and report to the Partners of the Firm.
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October 13, 2016 | Crestline Investors Announces Closing of $361.0 Million CLO
FORT WORTH, Texas, Oct. 13, 2016 /PRNewswire/ -- Crestline Investors, Inc., a credit focused institutional alternative asset manager, today announced the closing of a $361.0 million collateralized loan obligation ("CLO"), known as Crestline Denali CLO XIV, Ltd., by its Crestline Denali Capital unit.
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October 12, 2016 | Crestline Investors Creates Private Equity Credit and Fund Restructuring Team | Amit Mahajan Hired To Co-Lead Team With David Philipp
FORT WORTH, Texas, Oct. 12, 2016 /PRNewswire/ -- Crestline Investors, Inc. ("Crestline"), a credit-focused institutional alternative asset manager, today announced the creation of a Private Equity Credit and Fund Restructuring team to actively pursue niche financing opportunities in the private equity markets. This dedicated group will focus on providing bespoke capital solutions, including preferred equity and flexible debt structures, to mature private equity funds approaching the end of their structural lives.
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June 10, 2016 | Crestline Investors Announces Additional Close of Crestline Opportunity Fund III | Capital in Strategy Reaches $720 Million
FORT WORTH, Texas, June 10, 2016 /PRNewswire/ -- Crestline Investors, Inc., a credit focused institutional alternative asset manager, today announced an additional closing of its Crestline Opportunity Fund III strategy, bringing capital in the strategy to $720 million. The strategy invests primarily in small to mid-size corporate and asset-based credit-oriented opportunities, with a focus in North America. The new fund is the ninth in Crestline's series of opportunistic funds, which started in 2005 and have attracted nearly $4 billion in client commitments to date.
May 31, 2016 | Crestline Investors Names Keith Williams a Partner
FORT WORTH, Texas, May 31, 2016 /PRNewswire/ -- Crestline Investors, Inc., a credit focused institutional alternative asset manager, has named Keith Williams a Partner of the firm. Williams, who joined Crestline in 2012 as Managing Director and Senior Portfolio Manager, is responsible for Crestline's Opportunistic and Private Credit Strategies.