Northern Lights Invests in Raven Capital Management

June 8, 2009

 Northern Lights Ventures announced the acquisition of a minority equity interest in S&K client Raven Capital Management, a private equity firm focusing on asset-based credit investment opportunities.

Raven originates, underwrites, structures and actively manages investments that include senior secured and mezzanine debt as well as equity in a broad range of asset types including real estate, transportation, project finance/infrastructure, intellectual property/receivables and esoteric assets.  Raven’s management, led by Josh Green (previously a Managing Director in Merrill Lynch’s Global Structural Finance & Investments Group) retained a majority interest in the company.  Terms of the transaction were not disclosed.  Northern Lights is a Seattle, Washington-based venture capital firm which seeks to invest in highly successful, innovative asset management firms.  Seward & Kissel LLP acted as counsel to Raven in connection with this transaction.  For more information, read the Northern Lights press release.


Hedge Fund Venture Capital, Investment Manager Venture Capital, Transactions