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‘Megadeals’ drive rise in 2018 NPL sales

The European loan sales market reached new heights last year, with €113.8bn of non-performing loans been sold, according to Evercore.

Värde Partners raises $400m for its first Asian credit fund

Its first Asia-dedicated fund is mainly backed by US LPs as well as a few Asian LPs.

Lotte Insurance: ‘Really tricky to invest in private RE debt currently’

Investing in the asset class overseas is not meeting the South Korean insurer’s target investment returns, according Janghwan Lee, executive director, team leader of alternative investment team.

Urbanite Capital: the RE debt player with an unorthodox approach

The firm is raising its second real estate debt fund less than a year after closing its first, and won’t be collecting management or performance fees.

Warburg Pincus incubates Asia industry veteran’s real estate credit business

Ex-Forum Partners Asia head Gregory Wells is the Asian real estate beneficiary of the private equity firm’s ‘entrepreneur-in residence’ venture capital program.

LaSalle wants to replicate European credit plays in America following Latitude buy

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

Spanish alternative finance gains traction with new entrant

Azora and Oquendo Capital have launched a property lending platform in Spain, which is expected to raise €300m for its first vehicle.

AXA makes further strides into the US market with $9.4bn Quadrant deal

The French firm has acquired a real estate debt portfolio in the country and a 24-member investment team as it expands its global strategy to deploy capital.

Continuing its focus on credit, Carlyle to build out asset-based finance strategies

New areas of expansion could include real estate debt or infrastructure debt.

Oaktree closes on $2.1bn for latest RE debt fund

The Los Angeles, California-based firm is now preparing to launch its Oaktree Real Estate Opportunity Fund VIII in 2019.

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