Alston & Bird advised Man Group, one of the world’s largest alternative investment management firms, on the formation of Man Opportunistic Credit Fund III, which recently announced its first closing. This fund represents the continuation of the firm’s opportunistic credit strategy and is targeting $1.25 billion in investor commitments.
The fund builds on a strategy with a more than decade-long track record, investing across public and private credit opportunities with a focus on flexible, opportunistic deployment.
The Alston & Bird team advising Man Group was co-led by partners Heather Wyckoff and Sam Roh. The team also included counsel Yasmin Naghash and senior associate Maria Liberopoulos (Investment Funds); partner Chaim Stern (Federal & International Tax); and partner Meredith Gage (Employee Benefits & Executive Compensation).