Rithm Capital Corp. Announces Acquisition of Crestline Management to Enhance Asset Management Platform

Reuters
Sep 04
<a href="https://laohu8.com/S/RITM">Rithm Capital</a> Corp. Announces Acquisition of Crestline Management to Enhance Asset Management Platform

Rithm Capital Corp. has announced a definitive agreement to acquire Crestline Management, L.P., an alternative investment manager with approximately $17 billion in assets under management. This acquisition is expected to significantly enhance Rithm's asset management platform by adding new credit and alternative investment capabilities, as well as insurance and reinsurance services. The transaction underscores Rithm's commitment to diversifying its investment strategies and is anticipated to close in the fourth quarter of 2025, pending customary approvals and conditions. Doug Bratton, CEO of Crestline, expressed excitement about joining Rithm, highlighting the alignment in entrepreneurial spirit and strategic growth objectives.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Rithm Capital Corp. published the original content used to generate this news brief via Business Wire (Ref. ID: 20250903491030) on September 04, 2025, and is solely responsible for the information contained therein.

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