RAVEN CAPITAL MANAGEMENT LLC
RAVEN CAPITAL MANAGEMENT LLC is a Series C+, debt and private-equity fund in the US writing $5M–$35M checks into Developer Tools, specialty-finance, commercial-real-estate, transportation, music-ip and credit.
- Stages
- Series C+, debt, private-equity
- Sectors
- Developer Tools, specialty-finance, commercial-real-estate, transportation, music-ip, credit
- Check size
- $5M–$35M
- Invests in
- US-wide
- Actively investing
- Yes
- Founded
- 2008
- Assets under management
- $2.1B
Thesis
Raven Capital Management, founded in 2008, is an alternative investment firm focused on direct asset-based investments. The firm's strategy centers on secured debt, with opportunistic allocations to subordinated debt, mezzanine debt, and equity. They target five key asset types: Receivables/Intellectual Property, Specialty Finance, Commercial Real Estate, Transportation, and Infrastructure, emphasizing direct origination and underwriting in the middle market. Raven Capital also acquires and manages cash-flowing music intellectual property through Raven Music Partners, employing a data-driven approach. The firm has managed significant funds, including Raven Asset-Based Credit Fund II LP, which raised $834 million. Target investments for Raven Asset-Based Opportunity Fund III ranged from $5 million to $35 million over three-year terms. In February 2023, MetLife Investment Management announced an agreement to acquire Raven Capital Management. As of December 31, 2022, prior to the acquisition, Raven reported approximately $2.1 billion in AUM.
Common questions
Does RAVEN CAPITAL MANAGEMENT LLC invest at the Series C+ stage?
Yes. RAVEN CAPITAL MANAGEMENT LLC lists Series C+, debt and private-equity among the stages it invests in.
What check size does RAVEN CAPITAL MANAGEMENT LLC write?
RAVEN CAPITAL MANAGEMENT LLC writes $5M–$35M checks.
Where does RAVEN CAPITAL MANAGEMENT LLC invest?
RAVEN CAPITAL MANAGEMENT LLC invests in the US.