Debt Funds

LaSalle IM names new global CEO, president

Americas head Brad Gries will assume the top job at the Chicago-based manager as incumbent chief executive Mark Gabbay transitions to executive chair.

Avila holds $100m first close for second debt strategy

The firm lined up Hillwood as a lead investment partner en route to its $1bn target and a June 2026 final close.

Derby Lane Partners launches with $1.8bn of capital commitments

Several firms including Fortress Investment Group helped launch the platform.

Northwind raises $342.5m for its second healthcare-focused debt fund

The New York-based real estate private equity and credit manager exceeded its $250m target for the fund.

Blackstone’s McCarthy Baldwin to depart at year-end

The global co-head of real estate is leaving after a 15-year tenure, placing Nadeem Meghji into sole leadership of the manager’s real estate portfolio.

TPG Real Estate Credit holds final close on $2.1bn for latest strategy

The firm exceeded its initial target of $1.5bn for the opportunity fund.

CalSTRS’ current real estate refocus is demonstrably including more credit

The $370bn Sacramento-based pension fund has moved to support more multifamily and industrial-focused strategies, including a $250m commitment to Greystar’s second real estate credit fund closing this week.

Bank OZK, Related fund $380m construction loan for $4bn Hines-backed project

The senior and mezzanine financing will be used to start development of the 200-acre Riverwalk San Diego project in Southern California.