Debt Fund
Aviva Investors provides £154 million refinancing to CLS Holdings
Aviva Investors, the global asset management business of Aviva, has provided CLS Holdings (CLS) with a £154 million senior debt facility towards the refinancing of 12 UK assets.
The financing, which is provided over 10 and 12-year fixed-rate tranches, is being made on behalf of a combination of the Aviva UK Life Annuity business and third-party client mandates.
INREV Guidelines: Filtering for Debt Funds now enabled
Schroders raises initial €300 million for debut European hotel fund
Schroder Real Estate’s hotels arm has raised an initial 60% of a €500 million fundraising target for its debut European fund.
According to the manager, Schroder European Operating Hotel Fund I have received €300 million of equity commitments from European institutional investors and family offices, and several more investors in the process of committing to the fund which is expected to reach €800 million of capital (including leverage of 40%) in a few months.
DRC Capital holds GBP700 million final close for first DRC U.K. Whole Loan Fund
Join Debt Funds Round Table

The joint INREV and CREFC Europe round table is an invitation-only event for debt fund managers and institutional investors. It will be held in London on Thursday, 8 November.
Any debt fund managers and institutional investors interested in joining should contact jeff.rupp@inrev.org for details.
Places for People buys the Aviva managed socially responsible igloo fund
Property group Places for People has acquired a £300m (€342.6m) socially responsible UK regeneration fund managed by Aviva Investors.
PGIM Real estate seeks USD2 billion for open-ended US debt fund
PGIM Real Estate is seeking to raise $2 billion (€1.63 billion) over the next three years for its new open-ended real estate debt fund, according to one of its investors.
The Stanislaus County Employees’ Retirement Association (StanCERA) is committing $54 million to the PGIM Real Estate US Debt fund, a board meeting report shows.
IPE Real Estate – 13 March 2018
UBS Asset Management launches second infrastructure debt fund with EUR448.4 million of seed commitments
UBS Asset Management's (UBS-AM) Real Estate & Private Markets (REPM) business has launched its second infrastructure debt fund, Archmore Infrastructure Debt Platform II (IDP II), with seed commitments from initial investors of more than €448.4 million.