Fundraising

Colony NorthStar has collected a total of $1.3 billion for its fourth real estate debt fund, Colony Distressed Credit & Special Situations Fund IV, Real Estate Capital's sister title PERE has learned.

BNP Paribas Investment Partners, the asset management arm of the French banking group BNP Paribas, is planning to raise capital for a European real estate lending strategy, Real Estate Capital has learned.

The real estate lending business of Swiss asset manager GAM is raising its second European debt fund, with a first close targeted by the end of Q2 2017, Real Estate Capital has learned.