Crayhill Capital Management’s $820 Million Fund Closing

Akin Gump Strauss Hauer & Feld advised Crayhill Capital Management on the deal.

Crayhill Capital Management announced the final close of Crayhill Principal Strategies Fund II with approximately $820 million of capital commitments. 

Principal Strategies II closed at its hard cap with support from a diversified base of existing and new institutional investors, including public and corporate pension plans, insurance companies, foundations, and endowments. In total, Crayhill’s discretionary assets under management now exceed $1.6 billion. 

Crayhill Capital Management is a New York-based, minority-owned alternative asset management firm that specializes in asset-based investment opportunities.

The Akin Gump team advising Crayhill was led by investment management partner Jonathan Ross (Picture). He was joined by fellow investment management partner Blayne Grady; tax partners Josh Williams and David Snyder; and associates Ashley Garcia and Richard Swanson.

 

Involved fees earner: Ashley Garcia – Akin Gump Strauss Hauer & Feld LLP; Blayne Grady – Akin Gump Strauss Hauer & Feld LLP; Jonathan Ross – Akin Gump Strauss Hauer & Feld LLP; David Snyder – Akin Gump Strauss Hauer & Feld LLP; Richard Swanson – Akin Gump Strauss Hauer & Feld LLP; Joshua Williams – Akin Gump Strauss Hauer & Feld LLP;

Law Firms: Akin Gump Strauss Hauer & Feld LLP;

Clients: Crayhill Capital Management;

Author: Martina Bellini