Akin advised Crestline Investors On The Closing Of Its $3.5 Billion Direct Lending Fund IV

Akin advised Crestline Investors on the final close of its $3.5 billion Direct Lending Fund IV, aimed at providing tailored financing solutions across North America.

Update: 2025-05-17 12:15 GMT


Akin advised Crestline Investors on the closing of its $3.5 billion Direct Lending Fund IV

Akin advised Crestline Investors Inc., a global alternative investment manager, in the final close of Crestline Direct Lending Fund IV, with $3.5 billion of investable capital across the fund, related vehicles, and anticipated leverage.

Crestline’s direct lending strategy provides tailored financing solutions to sponsor and non-sponsor backed companies across North America. The Direct Lending Fund IV attracted a globally diversified investor base of new and existing limited partners, including public and corporate pension plans, sovereign wealth funds, asset managers, RIAs, and other financial institutions across North America, Europe, and Asia.

The Akin team was led by Jim Deeken (Partner, Investment Management) and included Matthew Bivona (Partner, Fund Finance), Chris Smith (Counsel, Investment Management), and associates Lillian Cowan, Olivia Pitten, and Jackson Overton.

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