Fort Worth’s Crestline Investors Announces 2 Promotions to Partner

Will Palmer and Jesús Payán have been promoted by the global alternative investment manager, which has roughly $18 billion in assets under management and affiliate offices in New York, London, Toronto, and Tokyo.

Fort Worth-based global alternative investment manager Crestline Investors announced the promotions of Will Palmer and Jesús Payán to partners of the firm.

“We’re pleased to name Will and Jesús as Partners,” Crestline Founding Partner Doug Bratton said in a statement. “Their hard work and dedication have played a critical role in helping Crestline tackle an ever-changing investment landscape. We look forward to their continued contributions to the firm.”

Palmer joined the firm in 2015 as a member of its Opportunistic Strategies Group, Crestline said. He currently leads the firm’s efforts in technology, media, and telecommunications for its opportunistic and direct lending strategies. Palmer is a member of the opportunistic and direct lending investment committees, and now will now join Crestline’s management committee. Before Crestline, he was vice president for the Special Situations Group at Goldman Sachs and began his career as a financial analyst with Houlihan Lokey Howard & Zukin.

Payán joined Crestline in 2006 and heads its legal and compliance team. He serves as the touchpoint for investor and counterparty relationships. He’s a member of the firm’s management committee, sits on its reinsurance company board of directors, and is integrally involved in the structuring, legal diligence, and closing of investment opportunities.

Before Crestline, Payán worked at Akin Gump Strauss Hauer & Feld LLP as an investment fund/corporate attorney.

Crestline Investors was founded in 1997 and is an institutional alternative investment management firm with roughly $18 billion in assets under management. It specializes in credit and opportunistic investments, including providing flexible capital solutions to middle market companies, asset backed investing, and financing and restructuring solutions for mature private equity funds. The firm also manages a multi-PM equity market-neutral hedge fund and provides beta and hedging solutions for institutional clients. Besides its Fort Worth headquarters, the company maintains affiliate offices in New York, London, Toronto, and Tokyo.

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