Crestline Rithm
About Crestline

Nearly Three Decades of Disciplined Alternative Investing

Since the firm’s founding in 1997, Crestline has deployed the same core investment philosophy for its institutional clients, aimed at delivering strong and consistent risk-adjusted returns across the capital structure.

Douglas Bratton founded Crestline in 1997 to manage capital for the Edward P. Bass family in Fort Worth, Texas. Today the firm manages $19.2¹ billion across credit and capital solutions strategies, with more than 190 professionals in five offices serving institutions, family offices and private clients in North America, Europe and Asia. The firm operates within Rithm Capital, a global alternative asset manager.

A Disciplined, Customized Approach

Crestline provides creative financing solutions tailored to emerging companies and financial sponsors seeking growth capital, acquisition financing, and bridge financing across North America, Europe and Asia.

Our diverse capital offerings range from senior-secured and unitranche lending to structured capital, specialty finance and niche real estate credit. We take pride in shaping transactions around a borrower’s situation rather than fit the borrower to a product. Across more than 350 transactions and $15 billion deployed, the approach has held through multiple market cycles.

Seasoned Executive Team with Decades of Industry Experience

Crestline's leadership has invested across geographies, environments and asset classes, with experience spanning multiple cycles. Our investment professionals specialize by strategy, sector and geography, and stay with a transaction from underwriting through maturity.
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A Focus on Long-Term, Repeat Partnerships

Crestline was founded to manage a single family’s capital, and that origin shaped a culture built on continuity, collegiality and trust - emphasizing long-term and repeat relationships.

The team that underwrites a transaction is the team that manages it. Borrowers deal with the same senior people after closing as before and our clients have direct access to the professionals accountable for the risk. That continuity is why so much of our business is repeat business.


A Global Reach

Crestline serves sophisticated institutions, family offices and high-net-worth individuals across North America, Europe and Asia seeking innovative alternative investment solutions with durable income characteristics and continuity across market cycles.

Headquartered in Fort Worth, Texas, Crestline has offices in London, New York, Tokyo and Toronto.

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A History of Achievement

A History of Achievement

¹ as of December 31, 2025
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