The Robert Smith-led firm will target $600m for its first debt fund and likely $500m for its second small-cap vehicle as it comes off a year in which it returned $2bn to LPs.
CPPIB Credit Investments' in the final quarter of 2012 included a C$400 million high-yield loan to CVC-backed Formula One Group
The Paris-based asset manager has corralled institutional capital for a senior real estate lending vehicle having set up a platform last year.
While distressed real estate continues to create some of the firm’s best investment opportunities, Europe has been a lesser source of deal flow than anticipated.
Buffett partners 3G for $28bn Heinz deal 2013-02-14 Christopher Witkowsky Warren Buffett’s Berkshire Hathaway has partnered with Brazilian investment firm 3G Capital to buy Heinz in what would be one of the largest-ever buyouts in the global food industry. “It was exciting coming into Pitts
 Fernando Salazar has joined real estate-focused investment banking firm The Carlton Group to lead the bank’s new Frankfurt office.    
Cairn Capital is set to launch only the third CLO fund marketed to European institutional investors since 2008 in what could be a test case for the industry.  
 The Paris-based manager’s second fund of debt funds is targeting €250 million and will have a broader remit than its mezzanine-focused predecessor.    
The Government of Singapore Investment Corporation has agreed to underwrite £1bn of loans sourced by London-based Laxfield Capital.
The New York-based retirement fund is looking to enter the senior real estate debt arena in Europe, building a team first in the UK and before expanding into continental Europe.
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