{"id":22314,"date":"2011-05-06T05:38:32","date_gmt":"2011-05-06T09:38:32","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=22314"},"modified":"2011-05-06T05:40:49","modified_gmt":"2011-05-06T09:40:49","slug":"800-million-raised-for-black-diamond-hedge-fund","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/05\/2011\/800-million-raised-for-black-diamond-hedge-fund.html","title":{"rendered":"$800 Million Raised For Black Diamond Hedge Fund"},"content":{"rendered":"<p><a href=\"http:\/\/www.hedgeco.net\/news\/wp-content\/uploads\/2011\/05\/contact_chart.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignright size-medium wp-image-22320\" title=\"contact_chart\" src=\"http:\/\/www.hedgeco.net\/news\/wp-content\/uploads\/2011\/05\/contact_chart-300x182.jpg\" alt=\"\" width=\"300\" height=\"182\" srcset=\"https:\/\/hedgeco.net\/news\/wp-content\/uploads\/2011\/05\/contact_chart-300x182.jpg 300w, https:\/\/hedgeco.net\/news\/wp-content\/uploads\/2011\/05\/contact_chart.jpg 382w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a>New York (HedgeCo.net) &#8211; Black Diamond Capital Management, LLC., a Connecticut hedge fund management firm with over $6 billion in assets under management, has raised $800 million for the\u00a0BDCM Opportunity Fund III, LP., a fund focused on the same distressed\/private equity strategy as Black Diamond&#8217;s 2003 vintage fund.<\/p>\n<p>&#8220;I am extremely pleased with the continued support we have received from our existing investor base and am honored that so many of them have chosen to invest in Fund III.&#8221; Stephen Deckoff, Managing Principal of Black Diamond Capital Management said. &#8220;Our enduring relationships and the strength of this fundraise, in a difficult environment, are a testament to the experience, and passion of the Black Diamond team.&#8221;<\/p>\n<p>Fund III will work to strategically deploy capital, with the goal of gaining control of attractive companies primarily through the purchase and subsequent restructuring of debt securities. &#8220;In doing so,&#8221; Black Diamond said, (we seek) &#8220;to acquire middle-market companies that possess strategic assets and are market leaders in their respective industry sectors.&#8221;<\/p>\n<p>Alex Akesson<br \/>\nEditor for <a title=\"hedge funds\" href=\"http:\/\/www.hedgeco.net\">HedgeCo.net<\/a><br \/>\n<a href=\"mailto:alex@hedgeco.net\">alex@hedgeco.net<\/a><br \/>\n<a title=\"hedge fund\" href=\"http:\/\/www.hedgeco.net\">HedgeCo.Net<\/a> is a premier <a title=\"hedge fund database\" href=\"http:\/\/www.hedgeco.net\">hedge fund database<\/a> and community for qualified and accredited investors only. Membership in <a title=\"hedge fund\" href=\"http:\/\/www.hedgeco.net\">HedgeCo.net<\/a> is FREE and EASY. We also offer FREE LISTINGS for <a title=\"hedge fund\" href=\"http:\/\/www.hedgeco.net\">Hedge Funds<\/a>!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>New York (HedgeCo.net) &#8211; Black Diamond Capital Management, LLC., a Connecticut hedge fund management firm with over $6 billion in assets under management, has raised $800 million for the\u00a0BDCM Opportunity Fund III, LP., a fund focused on the same distressed\/private [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3,14],"tags":[],"class_list":["post-22314","post","type-post","status-publish","format-standard","hentry","category-hedgeco-news","category-success-stories"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/22314","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=22314"}],"version-history":[{"count":4,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/22314\/revisions"}],"predecessor-version":[{"id":22324,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/22314\/revisions\/22324"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=22314"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=22314"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=22314"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}