John Bakie
Nest is targeting 5% of its £8bn in assets for private debt investments as it takes it first steps into private markets.
The UK has been a hotbed for real estate debt funds, but uncertainty over Brexit and a high level of competitiveness are taking their toll.
The programme will look to provide single loans for real estate projects in Western Europe.
David White joins Tunstall following its first debt vehicle fundraising to grow its loans business.
The mezzanine fund will seek out core residential opportunities across Germany.
The continent remains awash with non-performing loans but understanding the dynamics of key regions is essential to making a successful investment.
Cheyne’s latest vehicle is 80% invested with a greater focus on senior debt funds.
The Luxembourg-based vehicle hopes to surpass the efforts of pan-European funds with a strong focus on German assets.
The combined division will look to tap into the growing demand for alternative strategies.
The fund will focus on making debt investments that provide environmental or social benefits.