debt funds

The real estate lender is charging a 1.5% management fee, according to Arkansas pension fund documents.

The pension fund, among others, is concerned about the additional risks managers in the strategy are taking in order to meet higher return targets.

Bain Capital is the latest manager to target non-performing real estate loans, a strategy that has been attractive to institutional investors.

Rising interest rates, CMBS volatility and the likelihood of higher spreads are among the factors borrowers in the US need to think about, writes Ryan Krauch of Mesa West Capital.

Private real estate debt vehicles need to prove their value to investors in a more crowded and competitive market.

Erik Savi’s exit is accelerating the combination of infrastructure and real estate debt into a single platform, a plan that was already in the works.

The firm’s latest credit vehicle has already significantly outpaced its predecessor fund, which closed on $695m.

The fund will deploy capital in Europe and North America.

Through its purchase of a debt business from Quadrant, the French giant has gained access to a greater set of lending opportunities, and the ability to be more selective.

The Chicago-based investment firm has had an active European real estate debt business since 2010.