Crestline Investors Partners with Denali Capital to Expand Syndicated Loan and CLO Business

FORT WORTH, Texas and OAK BROOK, Ill., Oct. 27, 2014 /PRNewswire/ -- Crestline Investors, Inc. ("Crestline"), an institutional alternative investment manager, today announced that it has partnered with Denali Capital LLC ("Denali Capital"), a syndicated commercial loan asset management firm, to further expand a collateralized loan obligation ("CLO") platform under the broader Crestline suite of investment products. The business will operate under the name Crestline Denali Capital, L.P. ("Crestline Denali Capital").

Denali Capital has had a relationship with the principals of Crestline since it began operating in 2001. The new alliance adds a well-established CLO manager to the Crestline family of product offerings and utilizes Denali Capital's expertise in sourcing and managing syndicated senior loans and related assets for the purpose of structuring and managing high-quality CLOs and other funds.

Under the new agreement, Crestline will sponsor a series of new CLO issuances, the first of which is underway, to be managed by Crestline Denali Capital. In addition to CLOs, the business will be well positioned to pursue investment strategies that meet growing investor interest in the $800 billion syndicated commercial loan asset class.

"We are pleased to add Denali to the Crestline asset management platform. Denali is well-respected in the industry, with an excellent, long-term track record of CLO management. We expect to generate significant value for our clients by combining Denali's expertise with our opportunistic and direct lending investment activities," said Douglas K. Bratton, President and Chief Investment Officer of Crestline. 

David Killion, Chief Executive Officer of Denali Capital, said "We are pleased to renew and strengthen our relationship with Crestline. Together, we will be able to better serve our syndicated loan market partners, deliver attractive returns to both long-standing and new investors and provide enhanced opportunities to our dedicated team."

About Crestline

Crestline is an institutional alternative investment management firm based in Fort Worth, Texas. Founded in 1997, Crestline manages $8 billion in client assets across separately managed accounts and commingled funds for institutional investors. Investment solutions for clients include: (1) opportunistic and credit strategies, (2) hedge fund and beta solutions, (3) end of life hedge fund and private equity restructuring and (4) fiduciary co-investment programs. Crestline has 97 employees with 50 investment professionals across its offices in Fort Worth, New York, Toronto and Tokyo. For more information about Crestline, please visit www.crestlineinvestors.com.

About Denali Capital

Denali Capital, under the direction of its principals Dave Killion, Greg Cooper and John Thacker, is a leading syndicated commercial loan asset management firm. Founded in 2001 and based in Oak Brook, Illinois, with a current staff of 23, Denali Capital currently has approximately $1.5 billion of assets under management through various funds, mainly Collateralized Loan Obligations ("CLOs"). Denali Capital is well-known among major loan market participants, including major commercial and investment banks, regional banks, commercial finance companies, private equity sponsors and commercial and investment bank securities structuring and placement arms. Through efficient and expert portfolio management and administration, the firm seeks to deliver superior results and excellent service to its managed funds, clients and investors. For more information on Denali Capital, please visit, www.denalicap.com.

Media Contacts

Anastasia Pronin
Brunswick Group
(212) 333-3810
[email protected] 

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SOURCE Crestline Investors, Inc.

Related Links

http://www.crestlineinvestors.com