400 Capital Management Closes Latest Private Credit Fund at $1.39B

  • 3/6/2025

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Alternative credit asset manager 400 Capital Management LLC (400CM) has closed its latest private credit fund, Asset Based Term Fund IV, at $1.39 billion. The oversubscribed fund, which initially targeted $1 billion, will focus on credit opportunities in the residential real estate, commercial real estate, consumer finance and specialty finance markets here and in Europe.

400 Capital Management (400CM)
Jeff Willoughby | Head of Residential Credit Strategy
400 Capital Management (400CM)
Chris Schiavone | Head of Private Credit Strategies

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