Fundraising

Paul Brennan, co-head of real estate at the firm, says all the European fund’s investments so far have had a credit focus.

The PERE Podcast breaks down key themes from the two-day London event, which included confidence about capital flows as well as obstacles to investment strategies.

The PERE Podcast breaks down PERE’s latest manager ranking and a shifting capital formation landscape with BGO’s John Carrafiell and APG’s Robert-Jan Foortse.

The manager says it is ‘confident’ it can begin deploying the capital, via small-ticket senior loans, this year.

The firm is aiming to raise as much as €700m in the next two years for its first dedicated credit strategy.

The New York-based manager has secured three fund-level borrowing arrangements as part of a strategy to move away from asset-level debt for the vehicle.

The Frankfurt-based manager is aiming to raise an initial €200m by the end of the year.

The European market is very compelling right now, says KKR’s Ali Imraan.

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.

Lenders’ outlook on the year remains mixed, says Laura Bretherton from law firm Macfarlanes.