Atalaya closes eighth special opps fund at $1.8bn hard cap

Atalaya Capital Management, an investment management firm focused on asset-based private debt and special opportunities, has closed its oversubscribed eighth Special Opportunities Fund with $1.8bn of commitments from both new and existing partnerships with investors.

Investors include public and corporate pensions, endowments, foundations, healthcare systems, sovereign wealth plans and high net worth individuals.

The ASOF strategy, originally launched in 2006, deploys an all-weather, opportunistic approach that seeks attractive risk-adjusted investments. The strategy invests primarily by opportunistically purchasing credits or assets from sellers in need of liquidity and providing credit-oriented capital solutions with a focus on asset-based opportunities.

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Atalaya believes ASOF is well-positioned to capitalise on attractive opportunities across its three principal asset classes: specialty finance, corporate and real estate investments.

Atalaya Capital Management is a privately held, SEC-registered, alternative investment advisory firm. Atalaya primarily focuses on making private credit and special situation investments in three principal asset classes – specialty finance, real estate and corporate.

Founded in 2006, Atalaya is headquartered in New York City and has more than $9.5 billion in assets under management and has deployed over $16 billion across 600+ investments.

Source: Private Equity Wire

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