Akin Advises 400 Capital Management in $1.4 Billion Private Credit Fund
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(Dallas and New York) – Akin advised 400 Capital Management LLC, an alternative credit asset manager with more than $7.4 billion assets under management, in the closing of its latest private credit fund, Asset Based Term Fund IV. After its launch in December 2023, the fund closed with a total of $1.39 billion of committed capital, surpassing its initial target of $1 billion.
The Akin team was led by investment management partner Jim Deeken and tax partner Joshua Williams; and included tax partner Ryan Dahan, investment management counsel Chris Smith and investment management associate Cameron Ervin.
For further information on the transaction, please click here.
Akin is a leading international law firm with more than 900 lawyers in offices throughout the United States, Europe, Asia and the Middle East.
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