ExtantCapital LLC is a New York–based SEC-registered investment adviser focused on credit absolute-return strategies with an investment-grade bias. Aug 14, 2025 · Extant was founded earlier this year by Millennium alum Ryan Foster, who serves as CEO and CIO. He had been a senior portfolio manager at Torsion Capital, a credit-focused absolute return fund within Millennium. He directed investment strategy, portfolio construction and risk management. Aug 13, 2025 · Ryan Foster is launching ExtantCapital with $200 million from New Holland Capital, a $6 billion alternative investor that invests in external funds, according to the firm. Aug 14, 2025 · Credit focused asset manager, ExtantCapital, has received a $200 million cornerstone investment from New Holland Capital, marking the official launch of the hedge fund. Aug 13, 2025 · Ryan Foster is launching ExtantCapital with $200 million from New Holland Capital, a $6 billion alternative investor that invests in external funds, according to the firm. Aug 15, 2025 · The launch of ExtantCapital reflects ongoing dynamics in the hedge fund industry, where talent movement between firms and the creation of new funds continues to reshape the competitive landscape.