Debt

Urban Partners holds first close for sustainability-focused mezzanine fund

Velo Capital, the recently formed group’s credit arm, will target financing opportunities including ‘brown-to-green’ schemes.

South Korea’s KIC grows its real assets portfolio

The investor is actively looking for real estate debt and distressed investment opportunities arising from current market conditions.

Artemis closes its largest-ever fund on back of 23% IRR track record

Co-CEOs Deborah Harmon and Alex Gilbert said more than half the capital for the fund came from new investors, including Asian and Middle Eastern sovereign wealth funds.

NPS adds real estate managers to boost alternatives allocation

The South Korean pension fund plans to grow overseas and alternatives exposures while also increasing its return target by 2027.

John Grayken’s approach to staying ‘a step ahead of the market’

Lone Star’s founder sees a limited window for distressed investing while most wait for private real estate market conditions to settle.

NREP bosses create ‘industrial conglomerate’ for a new era

Urban Partners will oversee the Nordics real estate manager alongside other businesses centered around the concept of cities.

Tristan targets up to €750m for second debt fund

The London firm, which sold a 31% stake to Candriam Group earlier this year, plans to launch a successor to its TIPS One fund in Q3.

Oaktree launches capital raising for fourth real estate debt fund

The Los Angeles-based manager is targeting $3bn for its Real Estate Debt Fund IV.

TPG, Angelo Gordon can remain two separate parts of a whole

There are multiple reasons against the two firms’ real estate businesses consolidating after their merger closes later this year.

For real estate investors, ‘credit is really resonating’

However, some institutions believe equity deals still are more attractive than debt investments in multiple respects.