Strategies

The US firm lent £80m to HIG and Primus Property Group, refinancing their PBSA portfolio.

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.

The New York-headquartered manager will use the tie-up to expand in the mid-market lending space in the UK and continental Europe.

The former Lehman Brothers banker warns that debt strategies come with a unique set of risks.

The manager says there was intense competition to lend to its social infrastructure platform.

 Claudia Karayianni joins next week, bolstering the manager’s emerging debt platform.

Synthetic risk transfer, a financial tool that helps banks manage their capital, is emerging in real estate. How could alternative lenders benefit?

Speaking at the PERE Network Europe Forum, the head of the manager’s new credit strategy explains how it plans to make its name in the lending market.

The London-headquartered manager has €2bn of dry powder for a range of deals in Europe.

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