Multi-strategy investment firm Mount Kellett Capital Management has raised $4 billion for its new fund, Mount Kellett Capital Partners II. The firm currently manages approximately $7 billion of committed capital, including $3 billion for its first fund which closed in 2009.
Mount Kellett Capital Management (Mount Kellett) announced today the recent completion of fundraising for its second private special situation and opportunistic investment fund, Mount Kellett Capital Partners II.
Since February 2011, Mount Kellett has raised $4.0 billion in total capital commitments from limited partners that include existing and new institutional and private investors throughout the Americas, Europe, Asia and Australia. The firm currently manages approximately $7 billion of committed capital, including $3 billion for its first fund which closed in 2009.
About Mount Kellett
Mount Kellett Capital Management LP is a multi-strategy investment firm focused on global distressed, special situations and opportunistic investing. The firm has over 100 employees with offices in New York, Hong Kong, London and Mumbai. Mount Kellett was founded in 2008 by Mark McGoldrick and Jason Maynard. Mr. McGoldrick was the co-founder and head of Goldman Sachs Global Special Situations Group from 1997 to 2007. Mr. Maynard, who heads Mount Kellett’s Asia business, was previously the head of the Goldman Sachs Asian Special Situations Group. Nick Weber, head of Mount Kellett’s European business, was previously the co-head of the Goldman Sachs European Special Situations Group.