Shoreline Fund III raises $500 mln
Shoreline Capital said Wednesday it closed its third fund at US$500 million. Investors include government and private pensions, followed by endowments, foundations, insurance companies, family offices and high-net-worth individuals. Shoreline said its overflow fund, which had initial $115 million close on June 1, will likely be oversubscribed within the month. Shoreline, of Guangzhou, China, focuses on illiquid credit-related opportunities such as non-performing loan portfolios, distressed special situations and non-distressed special situation investments.
11 June 2015•3 mins read
