Press Release
Davidson Kempner Capital Management Announces the Close of $3.0 Billion Davidson Kempner Opportunities Fund VI
Author(s):
Published July 18, 2023
NEW YORK, NY – July 18, 2023 – Davidson Kempner Capital Management LP (“Davidson Kempner”), a global investment management firm, today announced that it has closed its Davidson Kempner Opportunities Fund VI (“DK Opportunities Fund VI” or the “Fund”), with $3.0 billion in capital commitments.
With a flexible and opportunistic mandate, DK Opportunities Fund VI targets investments in less liquid, longer-duration situations arising from capital dislocations, motivated sellers, and substantial asset or structural complexity. The Fund builds upon the track record of five previous vintages which have collectively invested over $10.0 billion since the inception in 2011. The funds are diversified across geographies, industries and investment types, including corporates, real estate, structured products, infrastructure and hard assets.
“The Fund’s close underscores the confidence that investors have in Davidson Kempner’s opportunistic strategies and the strength of our track record,” said Tony Yoseloff, Executive Managing Member and Chief Investment Officer. “Given the Fund’s focus on capital dislocations and special situations, we believe that the Fund is well-positioned to take advantage of the wealth of opportunities we expect to emerge amid the current environment of higher volatility and tightening liquidity.”
DK Opportunities Fund VI is co-managed by Yoseloff and Conor Bastable, Managing Member, Global Credit, and is supported by a 113-person credit investing team with specialized capabilities in corporate investments, real estate and structured credit across the U.S., Europe and Asia.
“The close of this fund is a testament to the strength of our teams and the depth of our client relationships, particularly against the backdrop of a challenging fundraising environment,” said Eric Epstein, President and Managing Member. “Now our investment teams are focused on sourcing compelling public and private market investment opportunities across the globe.”
—
Press Contacts
Media
DKPmedia@dkp.com
More Insights
- Davidson Kempner Completes Landmark $1 Billion+ Debt Restructuring of UAE-based Plastic Manufacturer Press Release October 2024
- Dislocation Drives Opportunity: The Case for Opportunistic Real Estate White Paper October 2024
- Milken Institute Asia Summit 2024: Pat Dennis on Riding the Waves of Credit - Strategies for an Uncertain Future Video September 2024