Arbour Lane Capital Management closed its second fund on its $1.2 billion hard cap, beating its $750 million target. Arbour Lane Credit Opportunity Fund II focuses on senior secured debt and first lien securities. Arbour Lane Capital was formed in 2016 by Robert Franz, Ken Hoffman and Dan Galanter.
Arbour Lane Capital Management LP (“Arbour Lane” or the “Firm”), a private registered investment adviser focused primarily on opportunistic credit and special situation investments, is pleased to announce the final closing of Arbour Lane Credit Opportunity Fund II, L.P. (the “Fund”) at its hard cap of $1.2 billion in capital commitments, exceeding its initial target of $750 million.
The Fund focuses on secured bank loans in mid-size structures and out of favor investments at the top of the capital structure, primarily senior secured debt and/or other first lien securities. Arbour Lane capitalizes on its management team’s experience of credit investing and managing risk for over 20 years.
About Arbour Lane Capital Management (www.arbourlanecapital.com)
Arbour Lane is a credit-focused alternative investment firm founded in April 2016 by Robert Franz, Ken Hoffman and Dan Galanter. The Firm is registered as an investment adviser with the U.S. Securities and Exchange Commission. Arbour Lane leverages deep experience in stressed and distressed credit markets, built over years at both investment banks and primary investment firms, to source and invest in undervalued credit opportunities in the middle market. In addition to managing the Arbour Lane sponsored investment vehicles, the Firm also acts as an adviser to Sixth Street Partners (formerly “TSSP”) in relation to a $1.3 billion portfolio of assets that it purchased in 2016.