Manager hits £600 million hard cap for third real estate debt fund
London-based DRC Capital has closed its third real estate fund at £600 million ($802 million), hitting its hard cap and surpassing its target of £500 million 

US real estate lender launches fourth credit fund
Commercial real estate finance company Acore Capital has launched a new credit fund but has not yet made any sales on the product, regulatory filings suggest

KKR Credit wins US pension fund's $300 million private debt mandate
KKR credit has won a mandate from an Iowa pension fund to act as its private corporate debt strategic partner, board documentation seen by Creditflux reveals

Canadian property manager announces fund close at $3 billion
The alternative asset management firm, Brookfield, committed $400 million to the vehicle

Chicago-based firm closes debt fund with over $1 billion raised
LaSalle Investment Management has announced the final close of its third debt strategies fund with over £800 million ($1 billion) in commitments

Amundi raises €665 million loan fund and expands in real estate debt
Paris-based Amundi reveals the final close of its third senior corporate debt fund and expansion of its real estate platform

Aberdeen Standard holds first close on secured credit fund at £350 million
Aberdeen Standard Investments is looking to invest in real estate debt, infrastructure debt and other types of private credit

Apollo teams up with Palmira to launch €1 billion joint venture
A new joint venture from Palmira Capital Partners and the Apollo European Principal Finance Fund III seeks to invest more than €1 billion in pan-European modern logistics facilities

East coast manager launches two corporate tax credit funds
First Sterling has launched two new private equity-style credit funds, according to regulatory filings

Heitman's newly launched fund raises $408 million
A fund launched by Chicago-based Heitman Value Partners this year has already raised $408 million, regulatory filings reveal

Bain takes new route to NPL acquisitions as it strikes deal with Liberbank
Bain, Oceanwood and Liberbank are taking part in an unusual NPL deal referencing €602 million of assets

AEW and Natixis AM raise another €100 million for real estate debt fund
AEW and Natixis Asset management, both affiliates of Natixis Global Asset Management, have completed a third closing of Senior European Loan Fund II (Self II) following commitments from institutional investors in France, Germany and Italy

Californian firm boosts tax-exempt real estate credit fund by $32.5 million
Mosaic Real Estate Investors has raised about $32.5 million for its tax-exempt real estate credit fund since launching about a year ago

London-based Signal raises €725 million for credit and real estate funds
London-based private asset management firm Signal Capital Partners has raised €725 million with an investment strategy targeting credit and real estate special situations

Atlanta boutique moves into structured credit with new fund
Boutique asset management firm Ardent has launched a new credit vehicle -- the third fund for the Atlanta-based company

Dallas boutique Civitas launches alternative credit strategy
Dallas-based Civitas Alternative Investments has launched a new credit vehicle in the form of two related funds – and has started fundraising for them as it announces plans for further growth

FS Investments partners with real estate specialist for new credit fund
FS Investments, formerly known as Franklin Square, has raised $3.9 million for its new reit

Europa hires former Barclays pair as it launches UK real estate debt fund
Europa Capital has launched a UK debt vehicle and appointed two former Barclays specialists as consultants

Axa IM puts money to work in the US as it closes global real estate debt fund
AXA’s real estate investments arm has closed its 10^th commercial real estate senior debt fund after achieving its capped target of €1.5 billion

Schroders debuts its first UK infrastructure debt fund
Schroders has announced the launch of its UK Infrastructure Debt fund, which will target investment from UK pension funds and insurance companies

Time-saving hedge fund platforms stop opportunities evaporating
Lengthy commitment periods and drawn-out negotiations between institutional investors and fund managers could be a thing of the past thanks to a wave of multi-manager hedge fund platforms

Värde closes latest fund at $1.7 billion
Credit manager Värde Partners has raised $1.74 billion for its latest fund, Värde Fund XII

DW raises $110 million for CMBS venture
Market sources say that DW Partners has raised a new fund to invest in the CMBS market