Atalaya Capital Closes Eighth Special Opportunity Fund at $1.8B
Atalaya Capital Management, an asset-based private debt and special opportunities firm, closed its oversubscribed eighth Special Opportunities Fund – ASOF VIII – at its hard cap of $1.8 billion.
The opportunistic asset-based strategy originated in 2006, when the NY-based alternative investment firm launched an all-weather, opportunistic approach by investing in credits or assets from sellers in need of liquidity and providing credit-oriented capital solutions with a focus on asset-based opportunities.
The firm is active in three areas within ASOF: specialty finance, corporate and real estate investments.
“The current opportunity is as attractive as we have seen in many years. The Atalaya team has built the right relationships and foundation to capitalize on the market volatility and increased premium for ASOF’s capital,” said Ivan Zinn, Atalaya’s Founder and Chief Investment Officer.
Atalaya has more than $9.5 billion in assets under management and has deployed over $16 billion across 600+ investments over the past 17 years.