AWARDS AND RECOGNITIONS
Past performance as well as third party awards and ratings are not a guarantee of future results. It should not be assumed that the future performance of any Crestline fund will equal its prior performance results or the results of any previous fund with a similar strategy, and investors risk loss of their entire investment.
PitchBook
Crestline Investors’ Specialty Lending strategy was recognized by PitchBook as one of five gold badge winners for top alpha creating direct lending strategies in its 2024 Annual Global Manager Performance Score. PitchBook’s rankings reviewed performance across 59 global direct lending fund families based on historical results through year-end 2024, accounting for strategy, vintage, fund maturity, and realized returns.
Source: PitchBook Data, Inc., Annual Global Manager Performance Score – League Tables 2024. Past performance is not necessarily indicative of future results, and rankings are based on historical data available at the time of publication.
The PitchBook 2024 Annual Global Manager Performance Score was published July 28, 2025. Rankings are based on data as of June 30, 2025, using fund returns through December 31, 2024. The Score is a data-driven, objective measure that evaluates historical performance relative to peer groups and accounts for differences in strategy, vintage, fund maturity, and realized returns. An overview of their methodologies is available at the bottom of this page: https://pitchbook.com/news/articles/manager-performance-score-league-tables-2024-annual
PitchBook Data, Inc. is a third-party provider of data and analytics and is not affiliated with Crestline nor provide any other compensation to Pitchbook. Crestline did not pay a fee to be considered for this recognition, although PitchBook may require a subscription for certain of its data services.
Report: https://pitchbook.com/news/reports/2024-pitchbook-global-manager-performance-score-league-tables
Badge Page: https://pitchbook.com/news/articles/manager-performance-score-league-tables-2024-annual
Private Debt Investor
2018, 2019, 2020, 2021 Private Debt Investor (“PDI”) Awards – Fund Financier of the Year, Americas: Crestline was selected by the PDI editorial team to be on a short list of nominees for the awards and was selected as the winner of the awards through a voting process by industry participants and PDI readers. The selection of Crestline to receive the awards was based in part on subjective criteria and a limited universe of candidates, and therefore there can be no assurance that a different editorial team or different group of voters might not have nominated or selected other firms as the winners.
The 2018 PDI Awards Fund financier of the year, Americas was awarded in Q1 of 2019. The 2019 PDI Awards Fund financier of the year, Americas was awarded in Q1 of 2020. The 2020 PDI Awards Fund financier of the year, Americas was awarded in Q1 of 2021. The 2021 PDI Awards Fund financier of the year, Americas was awarded in Q1 of 2022.
Hedge Fund Journal
Crestline Specialty Lending Fund I received The Hedge Fund Journal’s Alternative and Private Credit 2021 award for Best 2014 Vintage in the Direct Lending – Senior, US category. The awards for closed end funds were based on IRR data from Preqin database: Private Capital Benchmarks> North American Direct Lending> 2014 Vintage. Preqin is a leading provider of data, analytics, and insights to the alternative assets community. Preqin may not have exhaustive coverage or complete information of all such North American Direct Lending funds launched in 2014.
