Fundz
Free weekly newsletter

Get the free weekly contract digest

The new new contracts, who’s behind them, and what they mean — delivered to your inbox every week. No credit card, unsubscribe anytime.

Weekly Digest

New new contracts, summarized for you

Straight to Inbox

No login, no app to check — it comes to you

Contract Trends

See who's moving and how much in your market

No credit card required Weekly contract digest

Kennedy Lewis Investment Management and CalSTRS Announce Strategic Partnership in Non-Sponsored Senior Lending

Jul 09, 2024•almost 2 years ago

Contract Type

partnership

Investment Management

Description

Kennedy Lewis Investment Management LLC and California State Teachers' Retirement System have announced a strategic partnership focused on senior corporate lending for non-sponsored borrowers. CalSTRS will provide Kennedy Lewis with $200 million of seed capital to support the growth of Kennedy Lewis' Capital Company, reflecting their shared confidence in the attractive total return and diversification benefits offered by non-sponsored direct lending.

Company Information

Company

Kennedy Lewis Investment Management

Location

111 W 33rd St

About

Kennedy Lewis Investment Management LLC is a credit-focused alternative asset management firm founded in 2017 and based in New York, with additional offices in Miami and Geneva. The company specializes in providing flexible senior secured capital solutions primarily to middle market companies in the United States and Western Europe. The firm employs various investment strategies, including opportunistic credit, homebuilder finance, core lending, and broadly syndicated loans. It manages a diverse portfolio that includes private funds, a publicly traded business development company, and collateralized loan obligations. Kennedy Lewis emphasizes strong underwriting standards and active post-deal monitoring to mitigate risk and generate attractive risk-adjusted returns. The firm manages over $30 billion in assets and aims to deliver quarterly distributions to shareholders, with a current annualized distribution yield of approximately 10.7% for its Class I shares. Kennedy Lewis is committed to responsible investment practices and integrates environmental, social, and governance (ESG) considerations into its investment decisions. The firm generates revenue through management fees and performance-based incentives, leveraging its expertise in public and private credit markets to identify investment opportunities and manage credit risk effectively.

Predictive Intelligence
Strategic

ML-powered predictions for Kennedy Lewis Investment Management's next move

Learn about Strategic plan

Agreement Insights

Based on industry data
Strategic partnership established
Partnership agreements typically involve technology integration and joint go-to-market strategies
Contract momentum indicator
Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months

Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals — including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications — based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 200,000+ companies. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.