Greywolf Capital Management, a Purchase, N.Y.–based alternative asset manager with approximately $4 billion in assets under management, has held a final close for its Greywolf Containership Opportunities Fund II with approximately $120 million of committed capital.
The fund is the predecessor of Greywolf Containership Opportunities Fund I, which held its final close in December 2020. The fund brings Greywolf’s total capital commitments dedicated to maritime strategies to approximately $330 million.
Greywolf’s maritime strategies are led by James Kelly, managing director, and are primarily focused on the opportunistic ownership of commercial ships leased to major international shipping companies. The strategies seek to capitalize on developments in both global supply chains and commercial shipping fleets, which Greywolf believes has created opportunities to secure attractive investments in the sector. Greywolf currently manages investments across the strategy in 2