Term Sheet: Barings and NCIA’s $2.1bn link-up; KKR’s potential KREF options; Slate’s $1bn SMA

Barings has landed a $2.1 billion capital commitment from the North Carolina Investment Authority to help bolster its real estate debt strategies; KKR is exploring potential alternatives for its public mortgage REIT after seeing losses during Q2 2026; Slate Property Group is gearing up for more senior lending output with a $1 billion separate account lined up; and more in today’s Term Sheet, exclusively for our valued subscribers.

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