Debt funds

CalPERS backed the manager's latest debt strategy with a $1.5bn commitment, while Illinois, New Mexico and Ohio institutional investment funds also contributed to the fundraise.

Ravi Anand and three other PIMCO alum will establish the Boston-based manager’s real estate credit presence and outline plans for a flagship strategy.

The deal, which brings meaningful additional real estate credit capabilities, shows managers looking to scale are willing to go the extra buying mile.

The takeover of female-founded Artemis would amplify Barings' real estate debt and equity platforms further.

The funding will be used to refinance five Class A properties spanning Georgia, New Jersey, South Florida and Washington.

The firm will originate first mortgages backed by high-quality assets in major US and Western Europe markets.

Bruce Flatt says retail and high-net-worth investor channels will bolster fundraising momentum for real estate strategies broadly.

With Jesse Hom at the helm, the firm is building up its real estate credit platform after the acquisition of Prima Capital Advisors.

Manager raises its largest-ever fund, which will focus on asset-based investments.

The firms are targeting $200m for deployment with a heavy focus on subordinate multifamily and real estate loans.