Texas manager hires Lone Star’s Stahl as MD for distressed credit
Texas-based real estate private equity firm Pennybacker Capital has appointed a new managing director of distressed credit and special situations

New York pension fund invests $200 million in real estate debt
New York State Teachers Retirement System (NYSTRS) has approved a $200 million commitment to real estate debt, according to board documentation

Goldman closes third real estate credit fund with $6.7 billion in total capital
Goldman Sachs has completed its final close for its latest real estate credit investment vehicle, which has $6.7 billion in total capital available to invest including leverage

Keep calm and close a $636 million real estate credit fund
Real estate lender Calmwater Capital has announced the final close of its third US Real Estate Credit Fund with $636 million total commitments

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

Fund of hedge fund operator appoints new CFO and COO
Alternative investment firm Gapstow has appointed a new chief financial officer and chief operating officer, promoting internally to fill the roles

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

Fidelity International names new global head of asset management
Fidelity International has confirmed the appointment of Bart Grenier to the newly created position of global head of asset management in London, a spokesperson confirms

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 

Carlyle, ICG and Oaktree earn approvals as Chile's first alternatives managers
The news follows recent reforms to Chile’s Pension Fund Law allowing pension fund administrators to invest directly in alternative asset managers

Aegon debuts affordable housing debt fund at $100 million
Aegon US Realty Advisors continues its social impact investing scheme, holding a $100 million close on its affordable housing debt fund 

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 

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

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

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

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

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

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

Goldman's former head of structured credit trading to move to the buy side
Goldman Sachs veteran Jerry Ouderkirk is joining Pretium Partners, according to a Bloomberg report