Term Sheet: Pollack to swap Blackstone for Starwood, AEW predicts Europe’s loss rate, ICG Real Estate targets €2bn fundraise

In a major move for a real estate debt specialist, Blackstone’s Jonathan Pollack is heading to Starwood; researchers at manager AEW publish figures around the likely scale of defaults and loan losses in the European property lending market; manager ICG Real Estate looks towards Continental European lending as it aims to raise €2 billion for its next fund; and more in today's briefing, exclusively for our valued subscribers.

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