Shoreline Capital Management, a fund manager focused on distressed debt and special situation investments in China, has reached a US$195 million final close for an overflow fund associated with Shoreline China Value III. While Shoreline China Value III—which held a US$500 million final close in June 2015—focuses on non-performing loans and lending to healthier companies and distressed real estate developers, the overflow fund will focus solely on non-performing loans.