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The investment manager’s debt boss explains why it raised special situations capital, pre-covid, and how it intends to invest it.
The debt specialist will lead the expansion of the Canadian property giant’s lending activities in the region.
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The investment manager has raised an additional €300m to fund loans with LTV ratios of up to 80%.
Europe
The London-based manager has made appointments in Paris and London as it expands the focus of its lending beyond the UK.
The deal signals the real estate fund management giant’s entry into Europe’s property credit market.
It’s all in the timing, or is it? We speak with Howard Marks and Bruce Flatt about the deal that has everyone talking.
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