Davidson Kempner Capital Management LP – a global investment management firm – recently announced that it has closed its Davidson Kempner Opportunities Fund VI (DK Opportunities Fund VI) with $3 billion in capital commitments. And with a flexible and opportunistic mandate, DK Opportunities Fund VI targets investments in less liquid and 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 its inception in 2011. And the funds are diversified across geographies, industries, and investment types, including corporates, real estate, structured products, infrastructure, and hard assets.
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.
KEY QUOTES:
“The Fund’s close underscores the confidence that investors have in Davidson Kempner’s opportunistic strategies and the strength of our track record. 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.”
— Tony Yoseloff, Executive Managing Member and Chief Investment Officer
“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. Now our investment teams are focused on sourcing compelling public and private market investment opportunities across the globe.”
— Eric Epstein, President and Managing Member
