Real estate debt

The commercial mortgage-backed securities market is seeking ways to adapt the use of AI to its requirements.

Aggregate capital raising for the largest real estate credit managers declined for the first time in the ranking’s history.

Following a deployment of $4.1bn to private credit that started in 2024, the $57bn Texas system’s staff is pleased with returns and stability of high-conviction managers in asset class

All three subgroups of private credit posted positive returns in 2024, with mezzanine loans leading the pack.

Despite the lack of deal volume and build-up of dry powder in the sector, there remain parts of the market where borrowing needs are not being met.

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

The US start-up Firebrand Investors has senior management in place and is working to build out its investment team, Private Debt Investor has learned.