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400 Capital Management
Latest News and Press Releases
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400 Capital Management Closes $780mm Residential NPL Securitizations
400 Capital Management LLC (“400CM”, “400 Capital” or the “Firm”), an alternative credit asset manager specializing in structured credit with over $5.2bn of assets under management, announced the successful closing of two securitizations backed by $780.2mm of residential non-performing loans (“NPLs”) this summer.
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Investors Clamoring for Yield Scoop Up Shopping-Mall Bond
Don’t sound the death knell for shopping malls just yet. Yield-starved bond investors are betting some will not only survive — but thrive. Los Angeles-based real estate investment firm CIM Group on Friday morning sold $650 million of commercial mortgage-backed securities tied to the refinancing of one of its retail portfolios that includes 111 properties across the country, of which 50 are anchored shopping centers.
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Dry Creek Capital Partners Announces Launch And First Investment Closings
Steve Emerson has announced the formation of Dry Creek Capital Partners LP (“Dry Creek”), a special situations investing group formed to provide a platform for investments in debt obligations of distressed commercial real estate and small business debt.
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400 Capital Raises $430 Million Credit Fund
400 Capital Management LLC, an alternative credit asset manager specializing in structured credit with over $4.4 billion of capital under management, today announced the final close of its Asset Based Term Fund II (“ABTF II”). The Fund, launched in June 2019, was oversubscribed with more than $430 million, above its $400 million target.
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400 Capital Management LLC Closes Private Credit Fund With $430 Million
400 Capital Management LLC, an alternative credit asset manager specializing in structured credit with over $4.4 billion of capital under management, today announced the final close of its Asset Based Term Fund II (“ABTF II”). The Fund, launched in June 2019, was oversubscribed with more than $430 million, above its $400 million target.