Heitman gains $1.3 billion for US real estate debt fund
Illinois-based Heitman Capital Management has raised at least $1.3 billion for its open-ended real estate debt fund, exceeding its $1 billion target size

Credit drives strong returns for five of the largest asset managers in the business
Carlyle is close to hitting its ambitious fundraising target; direct lending has been kind to Ares; and Och-Ziff has decided to shed its US CLO risk retention stakes after exiting its financing agreements

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

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

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

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. 

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

Canadian real estate specialist reveals a year-on-year drop in assets
Terra Firma Capital Corporation has released its 2017 end-of-year financial statements, which reveal an overall drop in assets from CAD$146.7 ($114) million to $143.5 ($111.5) million at the end of 2016 and 2017, respectively

Barings raises at least $372 million for real estate credit
Barings has raised at least $372 million for its latest real estate credit fund, Barings Real Estate Credit Strategies VII, according to regulatory filings

New York boutique raises $85 million for real estate credit fund
Innovatus Capital Partners has raised $85 million for its real estate credit fund, according to recent regulatory filings

Ares Reit reports year-on-year dip in earnings amid leadership change
The Ares Commercial Real Estate Corporation has announced a changed in leadership – and has reported mixed results for fourth quarter 2017

Los Angeles direct lender pulls in $323 million in a year for latest credit offering
Real estate direct lender PCCP has raised about $323 million for its ninth credit fund in the course of a year, regulatory filings indicate

Three Swiss banks team up to launch new private market fund platform
New investment boutique Hermance Capital Partners will focus on private equity, private debt and private real estate

Buoyed by four credit fund closes, Brookfield grows AUM by $35 billion in 2017
Toronto-based property manager Brookfield Asset Management has described 2017 as a “very successful” year characterised by strong fundraising for real assets, as well as significantly increased net income and funds from operations

AUM drops but Oaktree dubs 2017 a "strong" year
Alternative investment specialist Oaktree Capital Management has reported a slight decrease in assets under management for the year of 2017 – but the Los Angeles-based firm’s chief executive described the year as a “strong” one for the company

HPS nears $450 million for second real estate credit fund
HPS Investment Partners has raised almost $450 million for its second Real Estate credit fund, regulatory filings reveal

New York real estate investment fund raises $420 million
New York-based real estate investment management firm Madison Realty Capital has raised more than $420 million for Madison Realty Capital Debt Fund, regulatory filings reveal

Angel Oak exceeds $250 million target for inaugural mortgage credit fund
The Altanta-based manager has held a final close on its first private debt fund, recieving capital commitments of $291 million 

BNY Mellon completes sale of real estate asset manager
Global asset manager BNY Mellon Investment Management yesterday completed the sale of investment boutique CenterSquare Investment Management 

Angelo Gordon names two new co-CIOs
Angelo Gordon has appointed two new co-chief investment officers, according to a letter seen by Creditflux

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 

RBS managing director joins global real estate advisor in London
The firm has named London-based Paul Coates as its new executive director and head of debt and structured finance EMEA

Standard Life’s $13 billion MyFolio moves towards global corporate bonds
MyFolio, a fund-of-funds investment solution, has introduced global corporate bonds and short-dated global corporate bonds to its fund range

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

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