Raven Capital closes credit fund

Raven Capital raised $834m for its second credit fund.

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 at $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.

Platinum subscribers may click here for the investor’s full profile, including key contacts, allocation strategy and fund investments.