debt funds

The manager could allocate up to approximately 25% of its sixth opportunistic fund toward real estate opportunities.

CPP Investments was second, with $1.24bn allocated.

Andrew Smith will focus on expanding the Florida manager’s credit platform as it plans fund launch.

In this podcast, MSCI’s Jim Costello and Northwind’s Ran Eliasaf discuss softer headwinds for the office sector as well as the opportunity to lend on high-quality assets and perform office-to-residential conversion programs.  

The firm is seeking to develop, raise and deploy credit-geared strategies.

The firm is targeting more RIA and family office allocations to continue investment momentum.

The system has rebalanced its portfolio, increasing its private real estate debt target and decreasing that of its core real estate by 2% each way. 

Real estate equity in the US and Asia helped to drive the firm’s Q2 deployment in real assets to the highest level in over two years.

Five executives at the California-based investment manager have assumed new roles as two other professionals have left the firm.

The co-architect of the Toronto-based manager’s real estate credit platform, Andrea Balkan, is departing after 22 years with the firm.