Hyundai allocates $250 million to US real estate debt
Hyundai Investments has mandated $250 million to a real estate debt fund co-managed by Related Cos and HPS Investment Partners

Värde raises $400 million for Asia credit fund
Värde Partners has closed its inaugural Asia-focused fund at $400 million - six months after launching

Los Angeles pension backs Lone Star fund
Los Angeles Fire and Police Pension System has approved a commitment of up to $40 million to Lone Star Fund XI, according to a monthly report  

BlackRock becomes latest manager to explore interval fund structure for credit
Several managers have hit the market with the interval fund structure, as investors look to invest in illiquid strategies through an illiquid fund structure

Värde picks up $250 million for Asia credit fund in just four months
Värde Partners has gained $250 million total sales in just four months for its Asia-focused credit fund, US regulatory filings show

CPPIB moves into Australian real estate debt fund
The $272.6 billion Canada Pension Plan Investment Board has partnered with Sydney-based Challenger Investment Partners to provide middle market real estate loans in Australia and New Zealand 

IFM looks set to launch infra debt fund for Korean institutional investors
IFM Investors and KDB KIAMCO are looking to launch their second joint infrastructure debt fund – this time, targeting Korean institutional investors

BlackRock seeks $1 billion for new multi-strat opportunities fund
The new trust will invest at least 80% of its assets in fixed income securities and up to 40% in special situations, SEC filings reveal 

Real estate debt set for major growth in the middle east, accordng to report
Real estate private debt is set to see major growth in the middle east over the next five to 10 years, according to joint research by JLL and Clifford Chance

Maine pension fund commits $50 million to Asian real estate debt
Maine Public Employees Retirement System has made a $50 million commitment to Baring Private Equity Asia, a spokesperson for the pension fund confirmed

Chinese real estate specialist closes latest fund at $276.5 million
Hong Kong-headquartered real estate specialist Starcrest Capital has announced the final close of Starcrest China Real Estate Fund II at $276.5 million

Japanese internet and telco giant SoftBank completes Fortress acquisition
Japan’s SoftBank Group Corp has completed the previously announced acquisition of Fortress Investment Group for $3.3 billion in cash

Blackstone taps Australia's mortgage loan market with new acquisition
New York-based Blackstone is tapping into Australia’s lucrative mortgage loan market by acquiring an 80% stake in direct lending company La Trobe Financial

Northern Trust hires alternatives sales manager in London
Chicago-based Northern Trust has announced a new London-based hire, who will be tasked with spearheading sales across the alternatives fund sectors in Europe, Middle East and Africa (EMEA)

Institutional investors - does Europe still provide the best opportunities in credit?
Cash or synthetics, CLOs versus CMBS, senior or junior debt? Institutional investors have a variety of ways to approach credit investing and Creditflux's biannual survey of credit allocators aims to determine which market they view as offering compelling returns