Arena Investors has registered its intention to raise up to $300m for a new fund, Arena Special Opportunities Partners.
The firm has yet to register any capital commitments for the vehicle, as shown in an SEC filing.
No final close date is given for the fund, although Arena indicated in the document that the raise will likely extend into 2021.
The firm typically provides direct lending to small and middle market businesses but also invests in opportunities across the energy, industrial, real estate sectors.
Arena’s investments are generally below $50m, according to its website.
Chief executive officer & chief investment officer Daniel Zwirn and chief operating officer Lawrence Cutler were both listed as executives for the fundraise in the filing.
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