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French fund manager Zencap AM has raised €240 million for its second property debt fund, a vehicle which will be focused on providing credit to value-add and opportunistic deals.
French fund manager ACOFI has launched its fifth property debt fund, with a fundraising target of €600 million by July 2018.
The investment management arm of French insurance firm AXA has closed its 10th property debt fund with €1.5 billion raised.
Europa Capital has launched a debt vehicle with commitments of £100 million (€110 million) to invest in UK commercial real estate, with a focus on regional markets.
ICG-Longbow, the real estate debt-focused arm of Intermediate Capital Group, has held a final close of its third senior debt fund on £370 million (€409 million).
German real estate debt fund manager Caerus Debt Investments, led by Michael Morgenroth (pictured), has reached a second close on its senior and whole loan fund, raising an additional €47 million of capital mainly from a German insurer.
BlackRock has held a first close on its UK Strategic Alternative Income Fund, which will invest in real estate debt among other asset classes.
Colony NorthStar has collected a total of $1.3 billion for its fourth real estate debt fund, Colony Distressed Credit & Special Situations Fund IV, Real Estate Capital's sister title PERE has learned.
BNP Paribas Investment Partners, the asset management arm of the French banking group BNP Paribas, is planning to raise capital for a European real estate lending strategy, Real Estate Capital has learned.
The real estate lending business of Swiss asset manager GAM is raising its second European debt fund, with a first close targeted by the end of Q2 2017, Real Estate Capital has learned.

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