Fundraising

The Madrid-based manager is seeking a total of €200m for its second property credit vehicle.

The PERE Podcast breaks down a budding recovery in real estate capital formation, with insights from Bain Capital’s Ryan Cotton.

The real estate debt specialist is exploring other opportunities.

In the year’s final episode of The PERE Podcast, the team breaks down the defining deals, shifting fundraising dynamics and key market trends of the past 12 months.

Real estate debt will form a key part of the manager’s asset-backed private credit vehicle.

The London-headquartered firm received $400m from ADIA as part of the fundraise. 

Panellists at the London event said allocators are seeking bespoke strategies in real estate credit.

Martin Pommier, a partner at the Madrid-based manager, says Incus saw this increase in interest as it moved towards the first close of its latest real estate private credit fund.

This episode of The PERE Podcast looks at how a quest by private markets' biggest managers to service private wealth and insurance capital alongside institutional investors is creating a set of industry behemoths.

After raising Asian capital for a first debt vehicle, the Singapore-based manager is aiming to bring European and US capital into a second and third vehicle.