Cheyne holds £600 million final close for opportunistic real estate debt fund
Cheyne Capital Management has held a £600 million ($800 million) final close for its fifth opportunistic real estate debt fund, the firm has announced

PGIM picks up $765 million for US real estate debt fund
PGIM has edged closer towards its $2 billion target size with inflows from at least 19 investors

GAM launches new commercial real estate debt fund
Zurich-headquartered GAM Investments has launched of a new commercial real estate debt fund, the firm announced today

Thrivent looks to the heavens for new interval loan fund
Minneapolis-based Thrivent Asset Management hopes to receive blessings and capital commitments from investors, after it has registered its new interval Church Loan and Income Fund

Texas pension fund mandates $100 million to real estate credit fund
Texas County & District Retirement System has mandated $100 million to a real estate credit fund managed by New York-headquartered Taconic Capital Advisors

Square Mile boosts real estate debt strategy with $152 million
New York-headquartered Square Mile Capital Management has raised at least $152 million for its second credit fund 

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

Brunswick holds €640 million final close for Nordic real estate debt fund
Nordic real estate lender Brunswick Real Estate Capital has held a final close for its second senior debt fund, with capital commitments reaching over SEK 6.6 billion (€640 million)

Greystone notches up $750 million final close for real estate fund
New York-headquartered Greystone has held a final close for its Greystone Senior Debt Opportunity Fund with $750 million capital commitments

Trawler banks $151 million for inaugural real estate debt fund
New York-based Trawler Capital Management has raised just over $151 million for its inaugural real estate debt fund, Creditflux has learned

RM launches “highly defensive alternative fund” with 7-8% total return target
London-headquartered alternative credit fund manager RM Capital has launched a “highly defensive alternative fund”, VT RM Alternative Income Fund, which it claims to be the first of its kind

Real estate debt takes off as funds raise billions
Octopus's Ludo Mackenzie on why real estate debt is attractive: “In absolute terms, property yields are close to where they were in 2007, which would imply that the asset class is fully priced. In relative terms, however, compare commercial property yields to the risk-free rate and there is a healthy margin of around 3.5%.”  

Ostrum and Natixis unite to launch real asset private debt platform
The new real asset private debt arm will target €6 billion AUM by 2020 and focus on three sectors: real estate, infrastructure and aviation

Pension fund ups commitment to TPG special situations fund by $150 million
Kern County has upped its commitment to TSSP Adjacent Opportunities Contingent Fund, managed by TPG’s special situations platform TPG Sixth Street Partners, 9 May board documents reveal. 

Boston-based manager launches $1.25 billion real estate debt fund
US real estate investment firm Berkshire Group has closed its second debt fund with $1.25 billion equity commitments, which will target at least 10% returns

Manager holds first close for £500 million UK real estate debt fund
London-based TH Real Estate, an affiliate of Nuveen, has held a first close of its second global real estate debt fund

Real estate specialist raises $385 million for credit fund
Real estate specialist Acore Capital has raised at least $385 million for its latest credit fund - Acore Credit IV, according to US SEC filings

Amundi expands real estate debt platform
Paris-headquartered Amundi has launched a commercial real estate debt strategy, which will offer exposure to Eurozone senior real estate debt

Oaktree raises at least $2.1 billion for second real estate debt fund
Los-Angeles Oaktree Capital Management has beaten its original $1.75 billion target size for Oaktree Real Estate Debt Fund II, US SEC filings reveal

Connecticut pension fund looks to commit $65 million to real estate debt
Connecticut Retirement Plans and Trust Funds (CRPTF) is looking to invest $65 million to opportunistic real estate debt, according to 13 April board documents.

Octopus inks £230 million real estate debt fund
UK specialist property lender Octopus Property has held a final close for its second real estate debt fund at its £230 million hard cap

GoldenTree, KKR and StepStone earn sub-advisor roles for new interval fund
FS Investments is launching a multi-strategy interval fund and has chosen GoldenTree Asset Management, KKR Credit and StepStone Group to act as sub-advisors

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

Alts firm closes second mortgage fund at $750 million hard cap
The Minneapolis manager's fund will seek investments in newly originated loans, secondary loan trading and other structured securities backed by mortgage assets. The last fund in the series closed at $500 million

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