Rithm Capital Completes Acquisition of Crestline Management to Expand Global Alternative Asset Platform
December 7, 2025
Rithm Capital completed its acquisition of Crestline Management, an alternative investment manager with approximately $17 billion in assets under management. The deal strengthens Rithm’s global alternative asset management platform by adding direct lending, fund liquidity solutions, and insurance and reinsurance capabilities, and by expanding the combined suite of credit, real estate, and structured finance strategies.
- Buyers
- Rithm Capital Corp.
- Targets
- Crestline Management, L.P., Crestline Investors, Inc.
- Industry
- Financial Services
- Location
- Texas, United States
- Transaction Type
- Buyout
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