Fundraising

Waterton closes $1.7bn multifamily fund with credit angle

The Chicago-based firm joins a growing list of managers targeting distress.

ICG closes North America credit fund on $1.9bn

The fund is a direct follow up to its 2018 vehicle and will continue to back mid-market American companies.

Silver Point holds final close on $4.6bn credit fund

Opportunistic vehicle nearly triples the size of its precursor, and will invest in cyclically driven dislocations.

Madison Realty Capital holds final close for sixth debt fund

Including leverage and other capital, the fund has an investment capacity of up to $8bn in total commitments.

Sound Point Capital closes fund on $1.2bn

Manager’s third direct lending fund nets the strategy’s largest capital commitment and exceeds an internal target.

BridgeInvest closes real estate credit fund at $670m

BridgeInvest Specialty Credit Fund IV has an equal split of foreign and domestic LPs.

TPG Twin Brook closes fifth direct lending fund with $3.9 bn in commitments

TPG says it has expanded its sponsor network and completed almost 200 transactions.

DOWNLOAD: Fundraising catches up in second quarter

Fundraising bounced back in the second quarter to end H1 only just below the total seen in the same period last year.

Goldman’s Hope: there is a huge illiquidity quotient in private real estate

On the back of the firm’s $3.4bn raise for its latest real estate secondaries fund, Harold Hope, global head of Goldman Sachs’s Vintage group, says a major repricing of assets is presenting more attractive entry points for buyers.