Mount Kellett Capital Management recently closed its second fund, at $4.0 billion.
Mount Kellett Capital Partners II was subscribed by limited partners that include existing and new institutional and private investors throughout the Americas, Europe, Asia and Australia.
Founded in 2008 by Mark McGoldrick and Jason Maynard, the firm focuses on global distressed, special situations and opportunistic investing.
It currently manages approximately $7 billion of committed capital, including $3 billion for its first fund which closed in 2009.
Mount Kellett has over 100 employees with offices in New York, Hong Kong, London and Mumbai.