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

Real estate debt managers receive funding injections from Nebraska pension
Real estate debt specialist Torchlight Investors is among three firms to receive commitments from the Nebraska Investment Council on Friday

Structured credit PM earns promotion as Pimco unveils new managing directors
Structured credit portfolio manager Russell Gannaway is among seven officials to have been promoted to managing director at Pimco

Manager prices $90 million securitisation backed by "fix-and-flip" loans
An Atlanta-based asset manager has launched a $90 million mortgage securitisation, believed to be the first to be backed by "fix-and-flip" loans

Torchlight shines brightly, raising $660 million for real estate debt fund
New York-based real estate debt manager Torchlight Investors has launched its sixth debt opportunity fund, according to 13 March US SEC filings.

Apollo forms Italian real estate partnership
Funds affiliated with Apollo Global Management have formed a strategic partnership with Milan-based Realty Partners to invest in the Italian real estate market

Seer holds first close on new credit fund
A structured credit boutique founded by former Deutsche Bank manager Philip Weingord has recently raised $42.5 million for its latest fund in what appears to be a first closing, regulatory filings show

Wells Fargo AM looks to build out European private debt arm
Wells Fargo Asset Management is seeking to build out its global presence in the private debt industry by strengthening its European private debt business with a new senior hire, Creditflux has learned 

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

Californian pension fund commits $54 million to real estate debt
Stanislaus County Employees’ Retirement Association (StanCERA) has committed $54 million to PGIM Real Estate US Debt Fund, according to documents seen by Creditflux

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

London specialist lender names head of underwriting
Iron Bridge Finance, a property development direct lender, has announced the appointment of Gareth Ward as head of underwriting

Real estate lender closes two credit funds with backing of insurance company
RRA Companies, which invests in the US commercial real estate lending space, has revealed first closes for two of its funds that form part of the company’s CRE Credit Platform III

Real estate manager launches $1.5 billion credit fund
Utah-based Bridge Investment Group has launched its third direct lending fund, according to regulatory filings seen by Creditflux

Texas-based credit and real estate manager launches new fund
Hudson Advisors has launched a credit fund, according to regulatory filings seen by Creditflux

Axa IM looks to increase credit product offerings in the upcoming year
Axa Investment Managers (AXA IM) is looking to further build on its credit business, offering total return credit products as well as structured finance and real assets, in 2018

Real estate lending gains €700 million in six months for Paris-based direct lender
French alternative investments manager Acofi Gestion has raised €700 million of AUM for commercial real estate lending since July 2017

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

Real estate credit manager Terra Capital forms partnership with Axar
Real estate credit manager Terra Capital Partners has formed a strategic partnership agreement with Axar Capital Management, the firms have announced

Blackstone names new president and COO
Global asset manager Blackstone has named Jon Gray, the firm's current global head of real estate, president and chief operating officer

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

Fulcrum hires director for newly created alternatives group
Fulcrum Asset Management hires Mark Horne as director within its newly created alternative strategies team, the firm announced yesterday